Clearwater Industrial Warehouse Investment

1170 GOULD STREET, Clearwater, FL 33756

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For Sale

$1,250,000

Fully leased industrial warehouse in central Clearwater with flexible options.

Type:Commercial

Property size:

4,942 SF

Price / SF:

$252/SF

HighLights

Fully leased, income‑producing property in a high‑demand area.
Option for owner‑operators: receive the larger unit vacant at closing.
Versatile property with two units, suitable for various business types.
Benefit from approximately 30‑foot clear ceiling heights in the larger unit.
Features fully air‑conditioned warehouse and office areas.
20+ on‑site parking spaces, a significant advantage.

We can help!

Listing Contact

BONA NEDELKOVSKA

Learn more

For Sale

$1,250,000

Fully leased industrial warehouse in central Clearwater with flexible options.

Type:Commercial

Property size:

4,942 SF

Price / SF:

$252/SF

Added:: Apr 21, 2026
Days on Market:: 51
Last Refresh:: Apr 22 at 11:18 am

Property Features for 1170 GOULD STREET

General Information

Standard status: Active
Size: 4,942 SF
Property subtype: Commercial

Building Details

Year Built: 1988

We can help!

Listing Contact

BONA NEDELKOVSKA

Listing agent BONA NEDELKOVSKA

Listing office MAVREALTY

Listing date Apr 21, 2026

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of MAVREALTY

HighLights

Fully leased, income‑producing property in a high‑demand area.
Option for owner‑operators: receive the larger unit vacant at closing.
Versatile property with two units, suitable for various business types.
Benefit from approximately 30‑foot clear ceiling heights in the larger unit.
Features fully air‑conditioned warehouse and office areas.
20+ on‑site parking spaces, a significant advantage.

Overview

Located in Clearwater, within the central area of Pinellas County, this industrial warehouse property presents an opportunity to acquire a fully leased, income-producing asset. The property includes two separate units, offering flexibility for investors and owner-users. Unit 1 features three private offices, two restrooms, a reception area, and oversized storage, along with an open warehouse/studio space with approximately 30-foot ceilings. This unit is suitable for production, creative studio use, light industrial operations, or showroom applications. Unit 2 includes a private office, kitchenette, restroom, and an open warehouse footprint, making it suitable for service-based businesses, distribution, or flex industrial use. Both units are currently leased, providing immediate income. The property offers 20+ on-site parking spaces. The warehouse and office areas are fully air-conditioned. The approximately 30-foot clear ceiling heights offer volume and flexibility. The absence of bay doors makes the space suitable for controlled environments such as studios, specialty operations, or showroom uses. The property has a size of 4942 square feet.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$128.7k	$26.04
− Vacancy	−$9.9k	−$2.01
EGI	$118.8k	$24.03
− OpEx	−$29.7k	−$6.01
NOI	$89.1k	$18.03

4,942 SF · lease $26.04/SF/yr · vacancy 7.70% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.27M

$1.11M – $1.48M (±1% cap)

NOI $89,085 @ 7.0% cap · market cap 7.13%

Second Best

Retail

$845.1K

$739.5K – $985.9K (±1% cap)

NOI $59,156 @ 7.0% cap · market cap 4.73%

Theoretical Best

Office A

$1.39M

$1.21M – $1.62M (±1% cap)

NOI $97,056 @ 7.0% cap · market cap 7.76%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Windows BY Zager Hardware & Home Improvement Second Amendment Gun ... (Bike/Boat/Book/etc) Store

Suggested Use

Location Insight

Map
Local Demand

City: Clearwater
County: Pinellas
State: Florida
Longitude: -82.7887057
Latitude: 27.9624483

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For sale
Flex space
FL
Clearwater
33756
1170 GOULD STREET

What type of property is this?

Flex space - Fully leased industrial warehouse in central Clearwater with flexible options.

Where is this flex space located?

The property is located at 1170 GOULD STREET Clearwater, FL.

What is the asking price?

The asking price for this property is $1,250,000.

What are key features of this property?

This property features: Fully leased, income‑producing property in a high‑demand area.; Option for owner‑operators: receive the larger unit vacant at closing.; Versatile property with two units, suitable for various business types.