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2166 Drew St Clearwater, FL 33765

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For Sale
$3,500,000

Cash-flowing self-storage facility with potential for increased revenue.

Property size:
25,555 SF
Lot size:
3.00 Acres

Property Features for 2166 Drew St

General Information

Size
25,555 SF
Lot size
3.00 Acres

Source: Franklin Street - Corporate Agent David Perlleshi

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


Overview

Clearwater Self-Storage and Industrial Opportunity

This cash-flowing self-storage facility features 46 climate-controlled units totaling 1,530 net rentable square feet, 402 non-climate units totaling 22,425 net rentable square feet, and two offices/apartments totaling 1,600 net rentable square feet. Additionally, there are 22 outdoor parking rentals. The property has undergone approximately $150,000 in renovations since 2022, including exterior painting, asphalt sealing, automatic gate installation, door repairs, and major upgrades to the offices/apartments. Located along Florida's Gulf Coast in Clearwater, a hotbed for both residential and commercial growth with 116,528 residents, this facility presents an opportunity to increase revenue through lease-up, management efficiencies, maximizing supplemental income streams, and implementing existing customer rent increases. The Tampa-St. Petersburg-Clearwater MSA, the second largest in Florida, is home to 3,342,963 residents. The property is an excellent candidate for remote management with an automatic gate, keypad entry, and management software already in place. The surrounding area has strong demographics, featuring a growing population of 118,244 residents and an average household income of $76,420 within three miles of the property. Seller-financing offers will be considered.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Bison Storage of Clearwater Self-Storage Facility Andy's Air Inc Air Conditioning Contractor Clearwater Roofing Service Roofing Contractor Accessible Environments Association / Organization Pinellas Affordable Towing Towing Service

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Clearwater
County
Pinellas
State
Florida
Longitude
-82.7491991
Latitude
27.9687848

FAQs

What type of property is this?
Self storage facility - Cash-flowing self-storage facility with potential for increased revenue.
Where is this self storage facility located?
The property is located at 2166 Drew St Clearwater, FL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: - Cash-flowing self-storage facility with climate-controlled and non-climate controlled units, offices/apartments, and outdoor parking rentals.; - Seller-financing options are available.; - Significant renovations completed since 2022, including exterior painting, asphalt sealing, automatic gate installation, door repairs, and office/apartment upgrades.
More about this property
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