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 PROPERTY 1253 Park Street, CLEARWATER, FL 33756, MLS#TB8458700 - Commercial Sale
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Hardeep Kumar Yh

HR Moon Homes
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  4. 1253 Park Street, CLEARWATER, FL 33756
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1253 Park Street
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PRICED AT ONLY: $1,450,000

Address: 1253 Park Street, CLEARWATER, FL 33756

Description

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.

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  • MLS#: TB8458700 ( Commercial Sale )
  • Street Address: 1253 Park Street
  • Viewed: 30
  • Price: $1,450,000
  • Price sqft: $102
  • Waterfront: No
  • Year Built: 1957
  • Bldg sqft: 14252
  • Days On Market: 116

Description

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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Carpet, Luxury Vinyl, Tile
  • Living Area: 7064.00
  • Roof: Membrane
Land Information
  • Lot Features: Corner Lot, City Limits, Sidewalk, Street Lights
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Over 30 Spaces
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Electric: 150 Amp Service
  • Heating: Central, Electric
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Phone Available, Public, Underground Utilities, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 63271.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Accessibility Features: Accessible Elevator Installed
  • Country: US
  • Legal Description: LOT 8, 9, 16, 17, 18 BLOCK D HIBISCUS GARDENS
  • Area Major: 33756 - Clearwater/Belleair
  • Occupant Type: Tenant
  • Parcel Number: 15-29-15-38574-004-0090
  • Possession: Close Of Escrow
  • Views: 30
Nearby Subdivisions
Belleair Highlands   Boulevard Heights   Duncans A H Resub   Hibiscus Gardens   Magnolia Park   Milton Park   Missouri Heights  
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Details for 1201 Myrtle Avenue, CLEARWATER, FL 33756
$1,375,000.00 ($365.98 / sqft )

1201 Myrtle Avenue Virtual Tour More Like This

Discover an excellent commercial opportunity in the heart of Clearwater. This freestanding building at 1201 S Myrtle Ave offers high visibility along a well traveled corridor with convenient access to

  1. Request Information
  1. Approx. 3757 sqft
  1. MLSID: TB8453358
  2. Provided by COLDWELL BANKER REALTY
  3. Contact Bernard Marshall
  4. mfrmls
  5. DMCA Notice
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  1. We are the World
Hardeep Kumar Yh

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