Commercial Sale Property - Office in Clearwater
Listing Price: $1,450,000
Description of Property
TWO STORY BRICK OFFICE BUILDING WITH 24 OFFICES, 2 CONFERENCE ROOMS, AND 35 PARKING SPACES. TOTAL OF 5 LOTS. OWNER WILL COOPERATE WITH A 1031 EXCHANGE. CURRENTLY, THERE ARE 9 VACANT OFFICES. ACTUAL CAP RATE, 5.4. PROJECTED CAP RATE AT FULL OCCUPANCY, 8.2.
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Office
City: Clearwater
County: Pinellas
Subdivision: Hibiscus Gardens
Sq. Ft. Gross: 7,284
Sq. Ft. Living Area: 7,064
Cost per (heated) sqare foot: $205
Year built: 1957
Annual Tax: $21,092
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Window Features: Aluminum Frames
Ceiling Type: Acoustical
Ceiling Height: 8 to 9 Feet
Flooring: Tile
Waterfront Info
Exterior & Construction
Construction: Brick
Foundation: Slab
Roof: Membrane
Parking Features: Over 30 Spaces
Cooling: Central Air
Heating & Fuel: Electric
Electric: 150 Amp Service
Sewer: Public Sewer
Community Features: Sidewalks
Lot Information
Lot Features: Street Lights
Lot Size (acres): 0.59
Lot Size (sq. ft.): 25,706 square feet
Road Frontage: City Street
Front Exposure: North
Adjoining Property: Residential
Additional Parcels: Yes
Additional Parcels Description: 15-29-15-38574-004-0080,15-29-15-38574-004-0160,15-29-15-38574-004-0170,15-29-15-38574-004-0180
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 152915385740040090
Tax Legal Desc.: LOT 8,9,16,17,18 BLOCK D HIBISCUS GARDENS
Section: 15
Range: 15
Listing courtesy of CENTURY 21 COASTAL ALLIANCE. 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.
