29399 US Highway 19 N - Medical FOR SALE


Clearwater, FL 33761- North Clearwater
$5,900,000 USD
786-522-7056
29399 US Highway 19 N, Clearwater, FL for Sale
$5,900,000 USD
Medical - FOR SALE
1/23
null | 10.04% Cap Rate

29399 US Highway 19 N
Clearwater, FL 33761
North Clearwater


HIGHLIGHTS

  • Priced at $118 PSF, well below replacement cost
  • Stabilized income-producing asset w/strong tenant mix
  • Located on high-traf?c U.S. Highway 19 corridor
  • Flexible layout for medical, professional, or mixed of?ce
  • Over 106,000 nearby of?ce-using employees

OVERVIEW

Marcus & Millichap is proud to present Northside Square, a ±49,944-square-foot, three-story office building at 29399 U.S. Highway 19 North in Clearwater, Florida. Located along a major commercial corridor, the property offers excellent visibility, accessibility, and long-term investment upside. Priced at just $118 per square foot—well below replacement cost and recent comparable sales—this stabilized asset delivers immediate value. Northside Square includes 158 covered parking spaces, a sleek glass façade, and flexible layouts ideal for professional services, medical, or mixed office users. It is anchored by strong tenants, including the Pinellas County Tax Collector, who may extend their lease due to delays at a proposed relocation site. Situated in the Clearwater submarket of the Tampa–St. Petersburg MSA—Florida’s second-largest metro with over 3.2 million residents—the area boasts over 106,000 office workers and average household incomes above $100,000. Clearwater is transitioning from tourism to industries like healthcare and professional services, with major employers nearby. This is a rare chance to acquire a high-quality, income-generating office property with long-term growth potential in one of the Gulf Coast’s most vibrant markets.

FOR SALE DETAILS

PRICE

$5,900,000 USD

PRICE/SF

$118 USD /SF

CAP RATE

10.04%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Northside Square Office

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

158

LAND DETAILS

LAND ACRES

3.13 AC

LAND SF

136,343 SF

ZONING

US 19 District

APN/PARCEL ID

19-28-16-61516-000-0050

ASK ABOUT THIS PROPERTY

Alex ZylberglaitMarcus & MillichapMore Info
786-522-7056

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Alex ZylberglaitMarcus & MillichapMore Info
786-522-7056

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.