Commercial Lease Property - Assembly Building in Clearwater
Listing Price: $46,800
Description of Property
Versatile Commercial Building in Clearwater Gateway District - This property is a rare find for investors seeking versatility and prime location. Situated at the corner of Franklin and Betty Lane, this 2,700 SF mixed-use building includes land, ample parking for 25+ vehicles, and a wealth of possibilities for development or business use. His and her bathrooms with 2-4 stalls each, A waiting room/foyer, A private office space, A kitchen facility. Perfec for hosting events like weddings receptions or repurposing for an event center, restaurant, billiard room, medical office, or even residential redevelopment into condos or townhouses. Zoned for moderate-intensity residential and mixed-use, this property resides in Clearwater’s Downtown Gateway District, which promotes pedestrian-friendly, mixed-use development. The area is rapidly growing, with new residential projects and rich cultural amenities such as arts, international dining, and vibrant events, all just minutes from Clearwater Beach. Key Features: Prime location near Gulf-to-Bay Blvd and Court St. Close proximity to major employment hubs and transit Connectivity. No flood zone, maximizing usability. 15 miles to Tampa International Airport and 9 miles to St. Pete-Clearwater Airport. Unlock the limitless potential of this property in a booming, walkable area. Schedule your showing today! Buyer to verify all specifications and zoning requirements. Investment Highlights: Own Instead of Rent: Perfect for businesses tired of paying rent—own your space and build equity while establishing your local clientele. Ideal for medical offices, professional servic or other businesses. Prime Location: Strategically located in Clearwater’s Downtown Gateway District, close to major employment centers, transit routes, and cultural hubs. Minutes from Downtown Clearwater and Clearwater Beach. Zoning Flexibility: Zoned for mixed-use and moderate-intensi residential, allowing for various uses including medical offices, event venues, restaurants, warehouses, or redevelopment into condos or townhouse Turnkey Amenities: Includes his-and-her bathrooms (3-4 stalls each), waiting room/foyer, private office, and a kitchen area. Move-in ready or easil adaptable to your needs. Future Growth Potential: Booming area with new residential developments, increased pedestrian traffic, and Downtown Gateway’s emphasis on mixed-use and walkable communities. Parking Capacity: Over 25 dedicated parking spaces—ample for clients, customers, a staff. A rare find in a busy district. And room for 423 feet of fencing around the property. No Flood Zone: Peace of mind for investors and developer this property is located outside the flood zone. Tax Advantages: Potential tax benefits from owning commercial property, including depreciation, interest deductions, and property tax write-offs. Redevelopment Opportunities: The large lot size and strategic location make this property ideal for future redevelopment into high-demand residential or mixed-use projects. Proximity to Major Airports: Only 15 miles to Tampa International Airpor and 9 miles to St. Pete-Clearwater Airport—attractive for businesses serving out-of-town clients. Community-Centric Environment: Surrounded by Clearwater’s rich local culture, arts scene, farmers markets, and international cuisine—enhancing employee and client satisfaction. Excellent Visibility Corner lot with good traffic and excellent street visibility to attract attention to your business






































































Property Details At A Glance
Property Type: Commercial Lease
Property Use or Sub Type: Assembly Building
City: Clearwater
County: Pinellas
Subdivision: Hibiscus Gardens
Sq. Ft. Gross: 2,777
Sq. Ft. Living Area: 2,777
Cost per (heated) sqare foot: $17
Year built: 1960
Annual Tax: $10,920
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances:
Accessibility Features:
Window Features: Aluminum Frames
Additional Rooms:
Ceiling Type: Acoustical
Ceiling Height: 8 to 9 Feet
Flooring: Terrazzo
Waterfront Info
Pool Features:
Spa Features:
Water Frontage:
Water Access: Not specified
Water Access Type:
Water View:
Exterior & Construction
Architectural Style:
Construction: Block
Foundation: Slab
Roof: Shingle
Exterior Features:
Parking Features: 19 to 30 Spaces, Deeded
Floors Total: 1
Floors in Unit:
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Utilities:
- Electricity Available
- Natural Gas Available
- Phone Available
- Public
- Water Connected
Sewer: Public Sewer
Water Source: Public
Community Features: Curbs, Sidewalks
Association Amenities:
Lot Information
Lot Features:
- Corner Lot
- Fire Hydrant
- Flood Zone
Lot Size (acres): 0.34
Lot Size (sq. ft.): 14,749 square feet
Lot Dimensions: 50 x 115
Road Frontage: Business District, City Street
Front Exposure: Southeast
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Parcel Number: 152915385740060120
Pets Allowed/Pet Policies: Yes - See Condo Docs
Tax Legal Desc.: HIBISCUS GARDENS BLK F, LOTS 12, 13 & 14 LESS THAT PART OF SD LOT 12 DESC AS FROM MOST N'LY COR OF LOT 12 TH S'LY 15FT FOR POB TH S'LY 20FT TO INT OF BNDRY LINE BETWEEN LOTS 11 & 12 TH NE'LY ALG SD BNDRY LINE 22FT TO S BNDRY OF LOT 8 TH W'LY ALG SD S BNDRY 15FT TO POB
Section: 15
Range: 15
Listing courtesy of COLDWELL BANKER REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.