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  4. 321 Lincoln Avenue, CLEARWATER, FL 33756
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321 Lincoln Avenue
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PRICED AT ONLY: $500,000

Address: 321 Lincoln Avenue, CLEARWATER, FL 33756

Description

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.

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  • MLS#: TB8461607 ( Commercial Sale )
  • Street Address: 321 Lincoln Avenue
  • Viewed: 19
  • Price: $500,000
  • Price sqft: $239
  • Waterfront: No
  • Year Built: 1957
  • Bldg sqft: 2091
  • Days On Market: 27

Description

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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 2059.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Parking Spaces - 6 to 12
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Public
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Legal Description: HIBISCUS GARDENS BLK I, LOT 12
  • Area Major: 33756 - Clearwater/Belleair
  • Parcel Number: 15-29-15-38574-009-0120
  • Views: 19
Nearby Subdivisions
Belleair   Belleair Highlands   Belmont Sub   Boulevard Heights   Duncans A H Resub   Hibiscus Gardens   Magnolia Park   Milton Park   Missouri Heights  
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Details for 1430 Court Street, CLEARWATER, FL 33756
$599,999.00 ($169.01 / sqft )

1430 Court Street Virtual Tour More Like This

This property located in the gateway to downtown Clearwater is a prime location for a professional business such as a law office, medical practice or any other qualified business.

  1. Request Information
  1. Approx. 3550 sqft
  1. MLSID: TB8469983
  2. Provided by EQUITY PRO REALTY
  3. Contact Frank Aggio, PA
  4. mfrmls
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