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Commercial
$1,800,000
1417 Cleveland Street
Clearwater, FL 33755
Listed by: Re/max Action First Of Florida, (813) 992-7653
MLS: Stellar MLS
14,400Sq Ft
Est. Mortgage
$9,391/mo
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.
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