The Ulmerton
3899 Ulmerton Road, Clearwater, Florida 33762
Sold: $1,800,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
35,600 sqft
Zoning
C-2
Year Built
1978
Roof
Corrugated metal / Steel Truss
Construction
Concrete Block/Stucco
Property Description
* 6,285 SF of rentalable retail in front and 28,000 SF of rentable flex/industrial space in rear for a total rentable building size 34,285SF * Sale Price: $2,189,000 which is LESS than $62psf * Excellent investment opportunity * Current lease rates below market - great upside potential 83% leased * Highly visible on Ulmerton Road near Roosevelt Blvd with pylon signage* The Ulmerton is well situated on busy Ulmerton Road near Roosevelt Blvd. * Minutes from St. Petersburg/Clearwater Airport and has easy access to major roadways, inlcuding US HWY 19 and I-275