321 S LINCOLN AVENUE, Clearwater, FL 33756

  • $500,000
Property TypeCommercial Sale, Office
CountyUS
Sqft2091
Year Built1957

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.

Location

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 ID TB8461607
  • Price $500,000
  • Property Size 2091 Sqft
  • Land Area 0.17 Acres
  • Garage Size x x
  • Year Built 1957
  • Property Status Active
  • Property Type Office, Commercial Sale

Additional details

  • Utilities Public
  • Sewer Public Sewer
  • Cooling Central Air
  • County Pinellas
  • Property Type Commercial Sale
  • Parking Parking Spaces - 6 to 12

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

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