$298,000
$325,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
2,112 SqFt
SOLD DATE : 04/12/2019
Key Details
Sold Price $298,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 2,112 sqft
Price per Sqft $141
Subdivision Enghurst 1St Add
MLS Listing ID U8023015
Sold Date 04/12/19
Construction Status Inspections
HOA Y/N No
Year Built 1953
Annual Tax Amount $3,471
Lot Size 0.450 Acres
Acres 0.45
Lot Dimensions 154x130
Property Description
This 2,000+ sq ft building was completely remodeled a decade ago into a modern décor office and it has lost none of the charm. The foyer opens to two main rooms: to the left, a 28x42 room with exposed metal girders and subdued lighting in modern colors, with a kitchenette and ADA-compliant bathroom. To the right, a 15x28 open room with two offices on the far right, a second ADA-compliant bathroom and server room/office on the left.
The landscaping and exterior décor look fresh and inviting, with ample parking for 25 cars, including a marked ADA-compliant spot.
Zoning is "C" commercial, which permits a wide range of uses: alchoholic beverage sales, animal boarding, auto service stations, bars, brew-pubs, microbreweries, schools, marina facilities, medical, nightclubs, offices, outdoor recreation, overnight lodging, church, research & technology, restaurants, retail, self-storage, community center, veterinary office, vehicle sales. (Ref Clearwater Community Development Code, Section 2-100.)
Property is currently leased to a web design firm paying $2,862/mo through Dec 2019. Tenant pays electric and water. 2018 taxes are listed in public records at $3,608, insurance is $987. Net monthly cash flow is $2,480, with a cap rate of 9.15%. Current tenant is flexible with a new buyer and is willing to extend the lease.
Location
State FL
County Pinellas
Community Enghurst 1St Add
Interior
Cooling Central Air
Exterior
Waterfront false
Building
Lot Description Corner Lot
Lot Size Range 1/4 Acre to 21779 Sq. Ft.
Structure Type Block
New Construction false
Construction Status Inspections
Others
Ownership Sole Proprietor
Special Listing Condition None
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