Magnolia Park Office

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30596600
Property Subtypes: Office Building
Status: Pending/Contingent
Building Size (RSF): 8,472 SF
Gross Building Area: See Agent
Gross Land Area: 1.06 Acres
Sale Price: $1,495,000
Unit Price: $176.46 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Magnolia Park
Class of Space: Class B
Usable Size (USF): 8,472 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/27/2021

Overview / Comments

Terrific opportunity to purchase this newly renovated and re-landscaped Magnolia Park. This building is the perfect opportunity for owners looking to occupy the space themselves or for an investor looking for a High Class Office Investment. Located centrally on Belcher Road in Clearwater, the property is in close proximity to retail, medical offices, financial institutions, and restaurants. Magnolia Park offers the perfect location for professional businesses. The property features an incredible 5.3/1000 sqft parking ratio including 11 covered space. The office suites are professionally maintained and secure. All suites are fully upgraded to feel contemporary and professional while providing ADA accessibility, garden space, natural lighting, high ceilings, kitchenettes (appliances included) and more! In addition, tenants will be featured on the beautifully designed, lit and visible entry sign to Magnolia Park. Suite A (1,972 sqft) is currently leased by an excellent tenant. Call today for a tour!

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Tax ID/APN: 15 29 13 00000 110 1900
Property Located Between: Gulf to Bay and Drew Street
Property Visibility: Excellent
Highway Access: US Hwy 19
Total Number of Buildings: 1
Year Built: 1966
Year Renovated: 2019
Parking Ratio: 5 (per 1000 SF)
Parking Type: Surface
Parking Description: 5.3/1000 sqft parking ratio including 11 covered parking spaces
Total Parking Spaces: 45

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,275 131,511 276,376
Median Age: 40.59 43.45 46.25
Households: 6,216 58,705 126,379

Contact

Photograph of Listing Agent

Will Kochenour III

Santek Management, LLC
CE-FL Member
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