25000 Us Highway 19 N, Clearwater

$1,785,000

0 Beds
0 Baths
18,068 Sqft
1.57 Acres
0 Garages

This fantastic strip center is located on U.S. 19 Near both Countryside and Clearwater Mall. This is a fantastic opportunity to purchase a retail strip center at a fantastic price. With ample parking for customers and commercial vehicles this is the perfect investment or an owner operator looking to occupy one building and lease out the other. Extremely low rental rates in place which give the buyer a massive upside! The ability to increase rental rates and obtain a cap rate of almost 10%. With its location, it has an extremely high traffic rate and great visibility. The property consists of a mix of tenants with extremely low rents, making this a fantastic investment opportunity. The current rental rates are severely under market for the area and provide the buyer with a fantastic value add opportunity. A buyer could purchase this strip center and take a portion for their own use. Owner financing available with 50% down and favorable terms. All information deemed accurate but should be verified. Executed NDA required for any additional information. Please do not go to the property or disturb the tenants.

Essential Information
MLS® #U8082076
Price$1,785,000
Bathrooms0.00
Square Footage18,068
Acres1.57
Year Built1981
TypeCommercial
Sub-TypeRetail
StatusActive
Price Per Sqft$99
Community Information
Address25000 Us Highway 19 N
AreaClearwater
CityClearwater
CountyPinellas County
StateFL
Zip Code33763
Pet Restrictions YNN
Pets Allowed YNN
Interior
CoolingCentral Air
# of Stories1
Exterior
ExteriorBlock
Lot DescriptionOne + to Two Acres
FoundationSlab
Additional Information
Days on Market47
ZoningA-E
Normal SaleYes
Costs
Taxes$19,927
Tax Year2019

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on June 6th, 2020 at 6:30pm EDT.