Address28540 Us Highway 19 N, CLEARWATER, FL, 33761

Price$3,215,000

  • Commercial Sale
  • 6,708 SQ FT
  • Built in 1973

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.

Essential Information

  • MLS® #T3446569
  • Price$3,215,000
  • Bathrooms0.00
  • Square Footage6,708
  • Acres0.69
  • Price/SqFt$479 USD
  • Year Built1973
  • TypeCommercial Sale
  • Sub-TypeRetail
  • StatusActive

Community Information

  • Address28540 Us Highway 19 N
  • AreaClearwater
  • CityCLEARWATER
  • CountyPinellas
  • StateFL
  • Zip Code33761

Interior

  • CoolingCentral Air
  • # of Stories1

Exterior

  • FoundationSlab

Additional Information

  • Date ListedMay 16th, 2023
  • Days on Market316
  • ZoningCP-1

Listing Details

Office

KELLER WILLIAMS TAMPA PROP.

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Price Change History for 28540 Us Highway 19 N, CLEARWATER, FL (MLS® #T3446569)

Date Details Change
Price Reduced from $3,430,000 to $3,215,000 $215,000 (6.27%)
Status Changed from Pending to Active
Status Changed from Active to Pending
Status Changed from Pending to Active
Status Changed from Active to Pending
Show More (2)

Similar Listings To: 28540 Us Highway 19 N, CLEARWATER

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