Clearwater Commercial Property on
1212 ROGERS STREET, Clearwater, FL 33756
2,964 sq ft commercial building in Downtown Clearwater.
Type:Commercial/Industrial
Property size:
2,946 SFLot size:
0.12 AcresPrice / SF:
$257/SF- Added:
- Mar 12, 2026
- Days on Market:
- 68
- Last Refresh:
- Apr 6 at 3:24 am
Property Features for 1212 ROGERS STREET
General Information
- Standard status
- Active
- Size
- 2,946 SF
- Lot size
- 0.12 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1963
Listing agent Elias Kirallah License #3123414
Listing office CENTURY 21 J.W.MORTON R.E. (352) 726-6668
Listing date Mar 12, 2026
Source Exitrealty
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 CENTURY 21 J.W.MORTON R.E.
HighLights
- High‑traffic location: 100 ft frontage on Rogers St, connecting to Missouri Ave and US 19/60.
- CG Commercial Zoning allows for diverse high‑demand uses including professional/medical offices, retail, and medical marijuana facilities.
- Strong demographics: Large surrounding population and growing area.
- Prime Clearwater location: Downtown Clearwater, near national retailers, hotels, restaurants, and tourist attractions.
- Significant tourist traffic: Clearwater attracts 15.4 million tourists annually.
- Ample parking: Features 18 parking spaces.
Overview
This 2,964 sq. ft. concrete block building is situated on a 0.24-acre CG Commercial Zoned property. It features 100 feet of road frontage on Rogers Street, which connects directly to Missouri Avenue (27,000 AADT) and US 19/60 (43,500 AADT), and offers 18 parking spaces. The current zoning allows for a variety of high-demand uses, including professional/medical offices, general retail, medical marijuana facilities, and other dispensary/pharmacy operations. Located in Downtown Clearwater, the property is one block from several national retailers, hotels, restaurants, and quick-service restaurants. The surrounding population within a 5-mile radius exceeds 295,000, with a median household income of $59,200. This area is expected to grow by 32% by 2028 and includes a workforce population of 255,000, with a median age of 49. Downtown Clearwater is an international tourist destination, welcoming nearly 2 million visitors annually. Pinellas County has a population of over 972,000 residents and Clearwater's beaches attract 15.4 million tourists annually.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$590.1K
NOI $53,105 @ 9.00% cap · cautious / downside scenario
Moderate
$758.6K
NOI $53,105 @ 7.00% cap · market / base-case scenario
Aggressive
$1.06M
NOI $53,105 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.7k | $26.04 |
| − Vacancy | −$5.9k | −$2.01 |
| EGI | $70.8k | $24.03 |
| − OpEx | −$17.7k | −$6.01 |
| NOI | $53.1k | $18.03 |
2,946 SF · lease $26.04/SF/yr · vacancy 7.70% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$758.6K
$663.8K – $885.1K
NOI $53,105 @ 7.0% cap · market cap 6.99%
Second Best
Retail
$503.8K
$440.8K – $587.7K
NOI $35,264 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$826.5K
$723.2K – $964.3K
NOI $57,857 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Family Billiards
Arcade & Gaming Center
Location Insight
- Map
- Local Demand
- City
- Clearwater
- County
- Pinellas
- State
- Florida
- Longitude
- -82.7868
- Latitude
- 27.9603
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - 2,964 sq ft commercial building in Downtown Clearwater.
Where is this retail space located?
The property is located at 1212 ROGERS STREET Clearwater, FL.
What is the asking price?
The asking price for this property is $759,900.
What are key features of this property?
This property features: High‑traffic location: 100 ft frontage on Rogers St, connecting to Missouri Ave and US 19/60.; CG Commercial Zoning allows for diverse high‑demand uses including professional/medical offices, retail, and medical marijuana facilities.; Strong demographics: Large surrounding population and growing area.
