Three-Building Clearwater Office Complex For Sale

Office for Sale
Catylist Listing ID: 30578769
Property Subtypes: Office Building
Building Size (RSF): 13,066 SF
Gross Building Area: See Agent
Gross Land Area: 38,100 SF
Sale Price: $850,000
Unit Price: $65.05 PSF
Property Use Type: Vacant/Owner-User
Building Name: Hilb Insurance Building
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/24/2020

Overview / Comments

This is an attractive office complex in a convenient Clearwater location.
There are three buildings included in this offering, all available for immediate occupancy.
The main building is an efficient floor plan with a common corridor to serve a series of private offices, with some open work space on the north end.
The second building is currently built out as a fully-equipped fitness area for employees, complete with ADA bathrooms, showers and room for lockers.
The third building is a two-story structure, currently built out with larger rooms and kitchenette areas - ideal for collaborative work spaces.
This property is an outstanding value proposition and could be adapted to a variety of potential uses.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Taxing Authority: City of Clearwater
Tax ID/APN: 22 29 15 58230 000 0060, 0070, AND 0080
Property Located Between: Just south of Lakeview, north of Belleair Rd, on east side of Missouri Ave.
Property Visibility: Excellent
Highway Access: Missouri Ave, to Gulf to Bay Blvd, to US Hwy 19.
Airports: Clearwater Airpark is 13 minutes NE, St. Pete. Clearwater International is 20 minutes east; Tampa International is 31 minutes east.
Site Description: The buildings are all painted in a distinctive black and tan scheme which defines the combination of buildings as a common campus. Paved parking up front of the main building and behind the two northern buildings. The parking areas have designated disabled parking spaces and ADA-compliant building access.
Area Description: Missouri Avenue is a six-land arterial roadway and major commercial corridor in western Clearwater. The property is one block away from a Publix-anchored shopping center and a wide variety of restaurants. Missouri Ave is divided by a landscaped median in this area, but this property benefits from a median break and turn lane providing easy access from north or south bound traffic.
Total Number of Buildings: 3
Number of Stories: 2
Year Built: 1972
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Attractive buildings, very nicely landscaped.
Parking Ratio: 3.5 (per 1000 SF)
Parking Type: Surface
Parking Description: Paved parking with three curb-cuts up front and additional paved parking behind the northern two buildings.
Total Parking Spaces: 45
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: Nicely finished office spaces with laminate flooring and carpet. Impressive entry area with convenient conference rooms.
Zoning Description: C - Commercial. Permits a wide variety of general commercial uses.
Lot Frontage: 360
Lot Depth: 105.9
Water Service: Municipal
Sewer Type: Municipal, Storm
Land Ownership: Owned
Legal Description: MISSOURI HEIGHTS LOTS 6, 7, 8. 9. 10 & 11 LESS W 10FT FOR RD

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,801 123,460 267,134
Median Age: 39.42 45.29 46.3
Households: 7,240 55,278 122,582


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