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INVESTMENT HIGHLIGHTS
- The property includes a 2,590 square foot building with drive-thru access that was recently renovated
- The existing drive-thru is an attractive feature for potential tenants such as quick service restaurants, financial institutions, and cafés
- The stretch of East Bay Drive where the property is located has an AADT of 62,500
- Renovations totaled over $650,000 and included a new roof, new signage, new electrical wiring, and a complete internal restaurant buildout
- The property is located on the southeast corner of the signalized intersection of East Bay Drive and Bedford Circle West in Clearwater, FL
- The property is an outparcel to Newport Square, a 34,360 square foot office center comprised of three separate buildings
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PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,590 SF
Building Class
C
Year Built/Renovated
1999/2025
Price
$4,137,790 CAD
Price Per SF
$1,597.60 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.57 AC
Zoning
CG - Commercial General
Parking
40 Spaces (15.44 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
- Air Conditioning
Walk Score®
Very Walkable (73)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 31-29-16-70344-300-0200 | Improvements Assessment | $414,250 CAD |
| Land Assessment | $571,721 CAD | Total Assessment | $985,971 CAD |
PROPERTY TAXES
Parcel Number
31-29-16-70344-300-0200
Land Assessment
$571,721 CAD
Improvements Assessment
$414,250 CAD
Total Assessment
$985,971 CAD
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4535 E Bay Dr
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