1155 Cleveland StClearwater, FL 33755

Property Details for 1155 Cleveland St

Year built

1955

Construction

CONCRETE BLOCKS

Lot size

0.18 AC

Property size (Sq ft)

1,945 SF

Property type

Office buildings

APN

15-29-15-03060-004-0211

APU

152915030600040211

Description

This exceptional Class A office space, totaling 1,167 square feet, is ideally situated in Downtown Clearwater's vibrant business district. A mere six-minute drive from Clearwater Beach, this location offers unparalleled convenience and accessibility. Currently vacant and ready for immediate occupancy, the space features a modern layout perfect for a variety of businesses. The unit includes a brand new kitchen and a welcoming reception area enhanced by a glass window, ensuring a professional and inviting atmosphere. Seven convenient parking spaces are available for tenants and their clients. Security cameras provide added peace of mind. The asking rate is competitively priced at $19.50 per square foot, plus utilities. Tenants are responsible for utilities, while the landlord handles building maintenance and upkeep of common areas. This single-suite building offers a unique opportunity to establish a presence in a thriving downtown location. The space is categorized as a traditional office, suitable for multiple tenants, and presents a rare chance to secure prime commercial real estate in a highly desirable area. Don't miss this chance to secure your business's future in this exceptional Clearwater location.

• CAP approach

  CAP return

  Valuation

  6%

  $441,953

  6.5%

  $407,956

  7%

  $378,817

• Comparable approach

  Method

  Valuation

  Relative Method

  $214,495

  Geo Method

  $214,495

• Alternative Use

  Use

  Valuation

  Residential

  $505,866

  Hospitality

  $463,370

  Educational

  $385,519

  Medical

  $398,777

  Retail

  $599,696

Location Insight

City

Clearwater

County

Pinellas

State

Florida

Latitude

27.9671

Longitude

-82.7893

CBSA code

45300

CBSA name

TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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