SQUARE FEET2,091
MLS#TB8461607
STATUSActive
PROPERTY TYPECommercial - Office
SUBDIVISIONHIBISCUS GARDENS
Property Description
The Subject Property is a free-standing office building (2,059 SF htd., 2,091 SF under roof), on a corner parcel in Downtown Clearwater. This building has most recently been occupied by the Bay Area Foot and Ankle medical practice.The location is very convenient to serve the Clearwater community, with good signage and limited visibility from Court Street, the main E/W route into Downtown Clearwater and Clearwater Beach.Ten paved parking spaces on-site.Building elements are in excellent repair - roof new in 2025, electrical upgrades in 2023, window replacement in 2014. But the interior needs complete renovation/modernizing, which is reflected in the price.Public utilities in place (water, fire, sanitary and storm sewer).Downtown zoning.X flood zone - area of minimal flood risk.Rare opportunity to own a free-standing office building in the Downtown Clearwater market.Ideal for owner/occupant, but could work for a cash-flow investor.Once renovated, a lease at $20 PSF NNN works out to an 8 percent cap rate.
Property Features
Property Type: Commercial - Office
Cooling: Central Air
Lot Size: 0.17 Acres
Stories: 1.0
Taxes: $4,742
Year Built: 1957
Feature Descriptions
Days on Site: 184
Directions: From Court Street, north on Lincoln one short block to address on right.
Exterior: Block
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.17
Number of Restrooms: 2
Ownership: Other
Parking: Parking Spaces - 6 to 12
Parking Notes: Parking Spaces - 6 to 12
Property Attached Y/N: No
Property Sub-Type: Office
Sewer: Public Sewer
Showing Instructions: Appointment Only
Special Sale Provisions: None
Utilities: Public
Water Access Y/N: No
Listed By / Shown By
Listed By
Agency Name: COLDWELL BANKER COMMERCIAL NRT
Agency Contact: 561-376-4111
Shown By
Agent Name: Rosilande Dilus
Agent Phone:
Agency Title: Realty 100
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321 S Lincoln Avenue | MLS# TB8461607
This commercial property located at 321 S Lincoln Avenue, Clearwater, FL 33756 is currently listed for sale with an asking price of $490,000. Search Clearwater real estate on rdilus.realty100.com today.