About this property
The Subject Property is a free-standing office building (2,059 SF htd., 2,091 SF under roof), on a corner parcel in Downtown Clearwater. This building has most recently been occupied by the Bay Area Foot and Ankle medical practice.
The location is very convenient to serve the Clearwater community, with good signage and limited visibility from Court Street, the main E/W route into Downtown Clearwater and Clearwater Beach.
Nine paved parking spaces on-site, plus on-street parking available.
Building elements are in excellent repair – roof new in 2025, electrical upgrades in 2023, window replacement in 2014. But the interior needs complete renovation/modernizing, which is reflected in the price.
Public utilities in place (water, fire, sanitary and storm sewer).
X flood zone – area of minimal flood risk.
Rare opportunity to own a free-standing office building in the Downtown Clearwater market.
Ideal for owner/occupant, but could work for a cash-flow investor.
Once renovated, a lease @ $20 PSF NNN works out to an 8% cap rate.
Property details
- Property Type
- Improved property
- Building Type
- Freestanding
- Building Size
- 2,059 sqft
- Land Size
- 7,308 sqft
- Sewer
- City sanitary and storm
- Water
- City potable and fire
- Zoning
- DT - Downtown
- Electric
- Duke
- Year Built
- 1957
- Roof
- Shingle, hip, 2025
- Parking
- 9+
- Construction
- Masonry
Documents 2 files
Last updated: Oct 1, 2026
Location
- Address
-
321 S. Lincoln Avenue
Clearwater, Florida 33756