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1401-1417 Cleveland St
Clearwater, FL 33755
Retail Property For Sale
Executive Summary
Great plaza in the newly improved and streetscaped Gateway area of downtown Clearwater. 17 separate units all have separate power and water meters. Recent upgrades. Directly next to the newly created Marche for weekend markets and events at the corner of Cleveland and Gulf to Bay. Just one vacancy that is about to be leased.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,352 SF
Building Class
C
Year Built
1958
Price
$2,990,000
Price Per SF
$208.33
Cap Rate
6.74%
NOI
$201,600
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
0.97 AC
Zoning
c2
Parking
50 Spaces (3.48 Spaces per 1,000 SF Leased)
Frontage
356’ on Cleveland
Property Taxes
| Parcel Number | 14-29-15-47016-002-0010 | Improvements Assessment | $789,816 |
| Land Assessment | $685,184 | Total Assessment | $1,475,000 |
Property Taxes
Parcel Number
14-29-15-47016-002-0010
Land Assessment
$685,184
Improvements Assessment
$789,816
Total Assessment
$1,475,000
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