Commercial Sale Property - Mixed Use in Clearwater
Listing Price: $925,000
Description of Property
Excellent opportunity to acquire a well-located mixed-use parcel consisting of five multifamily units and one commercial space, offering strong in-place income with additional upside potential through operational efficiencies and interior upgrades. The property at 1540–1548 S. Missouri Avenue includes (2) 1-bedroom/1-bathroom units, (1) studio unit, and (1) commercial space, while 1172 Howard Street consists of (2) 2-bedroom/1-bathroom units, both of which feature new kitchens, bathrooms, and windows. Both buildings feature block construction, separate water and electric meters, and have new roofs installed within the past year, minimizing near-term capital expenditures.
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Mixed Use
City: Clearwater
County: Pinellas
Subdivision: Carolina Terrace
Sq. Ft. Gross: 4,677
Total Units: 6
Year built: 1954
Annual Tax: $9,609
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Waterfront Info
Exterior & Construction
Construction: Stucco
Foundation: Slab
Floors Total: 1
Cooling: Wall/Window Unit(s)
Lot Information
Lot Size (acres): 0.47
Lot Size (sq. ft.): 20,604 square feet
Lot Dimensions: 104 x 94
Road Frontage: Other
Legal Description & Other Information
Parcel Number: 222915136620030130
Tax Legal Desc.: CAROLINA TERRACE BLK C, LOTS 13-16 INCLUSIVE LESS ST ON E
Section: 22
Range: 15
Listing courtesy of BLUE PEAK REALTY LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
