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
New Construction false
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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