About 321 S Lincoln Avenue
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. Ten paved parking spaces on-site. 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). Downtown zoning. 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 at $20 PSF NNN works out to an 8 percent cap rate.
Features of 321 S Lincoln Avenue
| MLS® # | TB8461607 |
|---|---|
| Price | $490,000 |
| Square Footage | 2,059 |
| Acres | 0.17 |
| Year Built | 1957 |
| Type | Commercial Sale |
| Sub-Type | Office |
| Status | Active |
Listing Details
| Office | COLDWELL BANKER COMMERCIAL NRT |
|---|
Listing Map
Neighborhood Information for 321 S Lincoln Avenue
Stable Population, Low Residential Turnover, Coastal Area, Suburb of Tampa
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
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Washburn Academy Private - Kindergarten to 12Th Grade - Closest Elementry School |
0 Miles | |
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Saint Cecelia Interparochial Catholic - Preschool to 8Th Grade - Closest Middle School |
0 Miles | |
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Clearwater Academy International Private - Preschool to 12Th Grade |
1 Miles | |
|
Belleair Elementary School Public - Preschool to 5Th Grade |
1 Miles | |
|
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Church Of Scientology Cadet School Private - 7Th Grade to 12Th Grade |
1 Miles | |
|
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Clearwater Intermediate School Public - 5Th Grade to 9Th Grade |
1 Miles | |
|
|
Community Learning Center Academy Private - Kindergarten to 6Th Grade |
1 Miles |
School data provided by GreatSchools