1253 PARK STREET, Clearwater, FL 33756

  • $1,500,000
  • $1,575,000
Property TypeCommercial Sale, Office
CountyUS
Sqft7284
Year Built1957

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.

Location

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 ID TB8458700
  • Price $1,500,000
  • Property Size 7284 Sqft
  • Land Area 0.59 Acres
  • Garage Size x x
  • Year Built 1957
  • Property Status Active
  • Property Type Office, Commercial Sale

Additional details

  • Listing Terms Cash,Conventional
  • Roof Membrane
  • Utilities Electricity Available,Phone Available,Public,Underground Utilities,Water Connected
  • Sewer Public Sewer
  • Cooling Central Air
  • Heating Central,Electric
  • Flooring Carpet,Luxury Vinyl,Tile
  • County Pinellas
  • Property Type Commercial Sale
  • Parking Over 30 Spaces
  • Community Features Sidewalks

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Listing provided courtesy of Mark Spain Real Estate (855-299-7653).

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