321 S LINCOLN AVE Clearwater, FL 33756
2,059 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 2,059 sqft
Price per Sqft $242
Subdivision Hibiscus Gardens
MLS Listing ID TB8461607
HOA Y/N No
Year Built 1957
Annual Tax Amount $4,742
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 60x122
Property Sub-Type Office
Source Stellar MLS
Property Description
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.
Location
State FL
County Pinellas
Community Hibiscus Gardens
Area 33756 - Clearwater/Belleair
Interior
Cooling Central Air
Exterior
Parking Features Parking Spaces - 6 to 12
Utilities Available Public
Building
Story 1
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Structure Type Block
New Construction false
Others
Ownership Other
Special Listing Condition None
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