***SELLER FINANCING AVAILABLE***
Excellent OPPORTUNITY to acquire a FULLY OCCUPIED multi-tenant commercial investment property located in Clearwater, Florida. This income-producing asset features three established tenants consisting of a barber shop, dog groomer, and restaurant, providing immediate cash flow with built-in annual rent increases of 3% for all tenants. The property offers stable tenancy with a diverse tenant mix ideal for an investor seeking a manageable neighborhood retail center in a highly traveled corridor.

Situated on approximately 9,385 square feet of land with a 2,940 square foot building, the property provides approximately 9–10 parking spaces. The site benefits from excellent visibility, easy accessibility, and surrounding residential density, making it attractive for long-term tenant retention and future upside potential. Current operating expenses remain reasonable with 2025 property taxes at approximately $3,949.30 and current insurance costs at approximately $6,331.30.

Current rental income consists of a barber shop paying $815 per month, a dog groomer paying $850 per month, and a restaurant paying $885 per month, all with annual 3% escalations already in place. This property presents a rare opportunity for an investor to acquire a stabilized neighborhood retail asset with upside through future rent growth and continued area development in the thriving Clearwater market.

Whether you are a first-time commercial investor or adding to an existing portfolio, this property offers dependable income, strong tenant demand, and long-term potential in one of Pinellas County’s most desirable commercial corridors.

Current Annual Gross Rental Income
Barber Shop: $815/month = $9,780/year
Dog Groomer: $850/month = $10,200/year
Restaurant: $885/month = $10,620/year
Total Gross Annual Income: $30,600

Estimated Annual Expenses
2025 Property Taxes: $3,949.30
Insurance: $6,331.30
Total Known Expenses: $10,280.60

Estimated Net Operating Income (NOI)
$30,600 - $10,280.60 = $20,319.40

Estimated Cap Rate
$20,319.40 ÷ $395,000 = 5.14% Cap Rate

This would place the property at approximately a 5.1% cap rate based on the current rents and the limited expenses provided. If tenants are responsible for additional expenses or if rents are below market and can be increased over time, the actual return and future upside could be stronger.