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Fantastic opportunity to invest in a centrally located multi-use/industrial property with high traffic street frontage. Cited on a large lot, this property includes nearly 1-full acre with plenty of off-street parking. This property consists of 16-11'x23'' garages, 4 23'x23' garages, and 15 rear parking spaces, all currently leased to full-capacity and a working waiting list as well. Interior features 3 large move-in ready offices, 4 bathrooms, a 30'x60' multi-purpose warehouse, and 10 street-front parking spaces. Listed at $1,750,000 & just under a 9% CAP with current lease contracts. Future owner(s) could raise rents to market-value, and with a little TLC, investment could provide a 10%+ CAP. Property faces N Hercules Ave with an AADT of 8500, which is over 3,000,000 YOY. And with over 100+ LFt of street facing business front, includes parking & free-standing signage, you're sure to have desirable visibility. Take advantage of this fantastic opportunity to invest in an already profitable business, on a great piece of commercial property in the heart of Clearwater. Schedule an appointment today!

Property Details of 1784 N Hercules Avenue

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Listed by Ryan Cousins of EXP REALTY LLC

Clearwater, FL Demographics

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Clearwater, FL Schools

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Based on information submitted to StellarMLS as of November 30, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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