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Clearwater, FL Office Bldg For Sale

321 S. Lincoln Avenue, Clearwater, Florida 33756
$490,000
Clearwater, FL Office Bldg For Sale

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

Property Description

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.

Location