Address
28540 Us Highway 19 N, CLEARWATER, FL
Price
$ 3,215,000
Property Attributes
- MLS#T3446569
- TypeCommercial
- CountyPINELLAS
- CityCLEARWATER
- AreaClearwater
- Zip33761
- StyleRetail
- Year Built1973
- Taxes$ 28729
- Price$ 3,215,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6708
- Lot Size0.69 Acres
Data Source:
Stellar MLS
Property Description
We are proud to present for sale to qualified investors, the opportunity to purchase a fee simple interest in 28540 US Hwy 19 N, Clearwater, FL 33761 (the "Property") and accompanying billboard ground lease. The Property is 100% tenant occupied, home to INSA Cannabis Dispensary and Fundora My Dentist, both on long-term NNN leases. This passive investment has 3% annual escalations and options to extend. Additional rental income included with the billboard ground lease. Per property appraiser records, in 2022 the property underwent over $1,100,000 estimated value of interior capital improvements representing an intense financial commitment by both tenants, $850,000 and $292,152 respectively. The Property is front and center on US Hwy 19 (95,000 "AADT") with over 200 feet of direct frontage, A+ visibility, and signage. Please review the Offering Memorandum for additional information.
| Price History | |
|---|---|
| 5/16/2023 | Listed $3,430,000 |
| 1/31/2024 | 7% - $3,215,000 |
General Features
| Cooling | Central Air |
|---|---|
| Zoning | CP-1 |
| Construction Materials | Block,Stucco |
| Year Built | 1973 |
| Property SubType | Retail |
| Tax Year | 2022 |
| Percent Ownership | Corporation |
| County | Pinellas |
| New Construction | No |
| Property Type | Commercial Sale |
| Status | Active |
| Directions | Heading north on US Hwy 19,the property is located on the west side of the road between State Road 580 and Curlew Road. |
| City | CLEARWATER |
| Buyer Agent Compensation | 2.5% |
| MLS Area | 33761 - Clearwater |
| Lot Size Square Feet | 30000 |
| Waterfront Y/N | No |
| Street Name | Us Highway 19 |
| Listing Terms | Cash |
| Tax Annual Amount | 28729.53 |
| Public Remarks | We are proud to present for sale to qualified investors,the opportunity to purchase a fee simple interest in 28540 US Hwy 19 N,Clearwater,FL 33761 (the Property ) and accompanying billboard ground l |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/T3446569 |
| Days on Market | 210 |
| Standard Status | Active |
| Tax Lot | 3000 |
| Legal Description | S 200FT OF W 150FT OF E 250FT OF NE 1/4OF SE 1/4 OF NE 1/4 OF SW 1/4 |
Interior Features
| Total Stories | 1 |
|---|---|
| Air Conditioning Y/N | Yes |
| LivingAreaSource | Public Records |
| Living Area Units | Square Feet |
Exterior Features
| Lot Size Area | 30000 |
|---|---|
| Foundation Details | Slab |
| Number of Buildings | 2 |
| Building Area Total | 6708 |
| Lot Dimensions | 200 x 150 |
| Lot Size Acres | 0.69 |
| Road Surface Type | Asphalt |
| Lot Size Units | Square Feet |
| Road Frontage Type | Highway |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 33761
Price
Taxes
Visits
Year Built
Walkscore
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated Last updated on April 28, 2024 5:20 PM UTC The listing information on this page last changed on Last updated on April 28, 2024 5:20 PM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on April 28, 2024 5:20 PM UTC
