701 N Hercules Avenue, Clearwater, FL 33765

$1,900,000
10,432
SqFt

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List Price
$1,900,000
Status
Active
Days on Market
181
MLS#
TB8469638
Property Style
Office
Year Built
1985
Living Area
10,432
Lot Size
45,943
Acres
1.05
Total Acreage
1 to less than 2
Legal Subdivision Name
Woodley R H Sub
MLS Area Major
Clearwater/Sunset Point

Property Description

10,400 SF Medical Office Building for Owner-User Purchase – North Clearwater Excellent opportunity for a medical practitioner or small group to own and occupy in a well-established, multi-tenant medical office building. This 5-tenant property currently features several established medical tenants, creating an immediate professional medical environment. One or more suites are currently vacant and ready for immediate occupancy, allowing you to move in and begin practicing with minimal delay. The income from the existing tenants can significantly help offset or fully cover your debt service, providing strong financial support from day one. The building offers staggered lease expirations, giving you both flexibility and excellent upside potential through future rent increases and growing Net Operating Income (NOI). Key Highlights: Prime Location: North Clearwater, directly across from Clearwater Air Park High Visibility: 22,052 cars per day Large Site: Over one acre with abundant parking Low Flood Risk: Located in desirable Flood Zone X Excellent Signage: Prominent stand-alone pylon sign This is a rare chance to own your own medical office building in a proven medical location, benefit from built-in tenant income, and position your practice for long-term success and equity growth.

Additional Information

Taxes Annual
$15158
Community Features
No Deed Restriction
Air Conditioning
Central Air
Exterior Construction
Block, Stucco
Foundation
Block
Pool
No Pool
Flood Zone Code
X
Parcel ID
12-29-15-98940-001-0030
Legal Description
WOODLEY, R.H. SUB BLK 1, LOT 3

Listing courtesy of ASSET AND KEY. 727-366-2606

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