$450,000 | ±4,107 SF VALUE-ADD OFFICE | ±$110/SF | 3-LOT ASSEMBLAGE
Unique opportunity to acquire a ±4,107 SF former professional office building on three assembled lots totaling approximately 150' x 130' (±19,500 SF) in a highly central Pinellas County location, just one block from 49th Street & Park Boulevard.
The building was formerly a dental office in Clearwater and was relocated to this site as a modular office building. Ownership previously obtained an approved site plan, but shifted its attention to another project and the permits have since expired.
For an owner-user or value-add investor, the opportunity is straightforward: purchase more than 4,100 SF of existing office structure for approximately $110/SF and complete the renovation to your specifications. The building has good bones but needs work, including a new roof, termite treatment/remediation, drywall repairs, flooring, paint and general interior finishes. Current contractor repair estimates are available.
To complete the property for office occupancy, buyer should anticipate obtaining updated site approvals and completing the parking area, landscaping, sewer connection and Certificate of Occupancy requirements.
Don't need the office building? The modular structure also provides a relatively straightforward removal option, leaving an assembled ±19,500 SF infill site for redevelopment. Ownership believes the zoning may provide flexibility for additional commercial uses, potentially including outside storage, mixed/flex-type uses and related business applications; buyer should independently verify intended use and zoning requirements with the appropriate governmental authorities.
The location is particularly well suited for businesses needing access to the entire Pinellas market. 49th Street and Park Boulevard are approximately one block away, providing convenient access to St. Petersburg, Clearwater, Tampa and the Gulf Beaches. The surrounding area provides a substantial labor pool and nearby public transportation, making the property worth considering for professional offices, service businesses, administrative operations, call-center/back-office users and similar employment-intensive uses.
Offered AS-IS at $450,000. Seller may consider financing for a qualified buyer.
This is a property with a story—and an opportunity for the next owner to finish it. Rehab the existing 4,107 SF office at a low acquisition basis, repurpose it for your business, or remove it and start with the land.
Broker/owner. Easy to work with, quick decisions, and open to discussing creative deal structures.