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Browse More Listings in Retail For Sale, Clearwater, FL or Florida

Retail Property - Off Market

The 1914 Telephone Building

534 Cleveland Street, Clearwater, FL 33755

Price:
N/A
Building Size:
8,926 SF
Property Type:
Retail
Property Sub-type:
Restaurant
Additional Sub-types:
Post Office
Vehicle Related
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
9%
Occupancy:
100%
No. Stories:
3
Building Class:
A
Tenancy:
Multiple
Year Built:
1914

Last Verified 6/3/2009 Listing ID 14399708

Highlights

Great Historic Building
Downtown Clearwater
Multi-Million $ Streetscape Completed

Great National Tenant - on Long Term Lease

Description

Great: three story,Historic building in Downtown Clearwater.Beautiful Red Brick. Beautifully restored to its former Glory. Many new projecthave been completed which have transformed this to a thriving area. Multi-million $ Streetscaping project on Cleveland St. is completed. Great opportunity to be a part of Clearwater's New Renaissance. Building is leased on the first floor to Dunkin Donuts/Baskin Robbins for 10 years with options to 30 years - they have spent over 1/2 million the buildout. Second floor leased to software company for 5 years with a beautiful buildout being done for them. Third floor leased back by owner or available to buyer. Great investment property!

Corner of Garden Ave. and Cleveland Street. Downtown Clearwater

Map of 534 Cleveland Street, Clearwater, FL 33755 (Pinellas County)

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Created 11/9/2005

Additional Information for 534 Cleveland Street, Clearwater, FL 33755

Active For Sale - 0 Listing
Active For Lease - 1 Listing
Previously Listed - 2 Historic Listings
Sales Comparables Available - 1 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Retail Property For Sale - The 1914 Telephone Building

534 Cleveland Street, Clearwater, FL, 33755