1601 Gulf To Bay Blvd Clearwater, FL 33755-6419
This exceptional 1,241 square foot retail space is situated on a highly visible corner lot at the well-lit intersection of South Lake and Gulf to Bay Boulevard in Clearwater, Florida. Boasting excellent ingress and egress, this single-tenant building benefits from significant traffic counts, with approximately 60,000 vehicles traveling eastbound and westbound daily. Built in 1964, the property features a single-story structure with ample parking for 10 vehicles located at the rear. The building's previous use as a credit union provides existing infrastructure, including a covered drive-thru or parking area, secure teller lock drawers, and two executive offices, along with a break room. The property is zoned C (Commercial, City of Clearwater), allowing for a diverse range of commercial uses. A prominent pylon sign and its location at a signalized intersection further enhance its visibility and accessibility. This is a rare opportunity to lease a well-maintained, established building in a high-traffic area with excellent potential for a variety of businesses. The property offers a unique blend of existing infrastructure and flexible zoning, making it an ideal location for a discerning tenant.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.