$1,700,000
$1,800,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
1417 CLEVELAND ST Clearwater, FL 33755
14,400 SqFt
Key Details
Sold Price $1,700,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 14,400 sqft
Price per Sqft $118
Subdivision Knollwood Rep
MLS Listing ID U8134281
Sold Date 06/05/22
Construction Status Inspections
HOA Y/N No
Year Built 1958
Annual Tax Amount $14,875
Lot Size 0.940 Acres
Acres 0.94
Lot Dimensions 359x115
Property 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.
Location
State FL
County Pinellas
Community Knollwood Rep
Interior
Cooling Central Air
Exterior
Waterfront false
Building
Story 1
Foundation Slab
Lot Size Range 1/2 to less than 1
Structure Type Block
New Construction false
Construction Status Inspections
Others
Ownership Corporation
Special Listing Condition None
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Bought with HIGH POINT REALTY INC