Description
SELLERS ARE MOTIVATED! CRAZY OPPORTUNITY!!! Arthur Rutenburgs' FIRST build. TRUE 8% CAP! This Plaza was built to last, featuring all concrete construction and steel beams placed on a peninsula of Gulf to Bay and Cleveland Street. Sitting on a corner lot this plaza has much to offer. Currently the surrounding area and the entire zip code is going under a complete revamp leaving this plaza right in the middle of the HUB of what the city of clearwater is going to accomplish. The city of clearwater is also covering 50% of the plazas' facade redesign, to match their end goal of the newly developed area. This opportunity is allowing a new owner to come in with a huge add value play.
Property Highlights
- Acres: 0.94
- County: Pinellas
- Year Built: 1958
- Cooling Type: Central Air
- Property Type: Commercial, Retail
- MLS #: U8134281
Area |
33755 - Clearwater |
Property Subtype |
Commercial Sale |
Property Type |
Retail |
Subdivision |
Knollwood Rep |
Taxes |
$14,875 |
Construction Materials |
Block |
Cooling |
Central Air |
Interior Square Footage |
14,400 |
Lot Size Acres |
0.94 |
Lot Size Dimension |
359x115 |
Lot Size Square Feet |
41,160 |