2114 Drew StClearwater, FL 33765

Property Details for 2114 Drew St

Year built

1985

Construction

CONCRETE BLOCKS

Lot size

0.73 AC

Property size (Sq ft)

8,545 SF

Property type

Retail properties

Property subtype

Strip malls

APN

12-29-15-73163-000-0010

APU

122915731630000010

Description

This thriving, turn-key salon located at 2114 Drew St., Clearwater, FL 33765, presents a unique investment opportunity. Built in 1985, this single-unit, 1-building retail property is priced at $120,000. The business boasts a healthy chair rental program and aesthetician suites, generating multiple revenue streams. Its established clientele and network of industry subcontractors contribute to a robust and consistent income. A wide array of services and a strong product sales component further enhance profitability. The current lease is significantly below market rates and has four years remaining, providing immediate financial stability and long-term potential. The seller is offering attractive owner financing options, making this an accessible acquisition for qualified buyers. This is an ideal opportunity for a seasoned beauty professional seeking a modern, established salon with built-in ancillary income. Please note that direct contact with the business is discouraged. The property is situated in Pinellas County, Florida, and offers a prime location within the Clearwater area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,854,207

  6.5%

  $2,634,653

  7%

  $2,446,464

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,374,703

  Geo Method

  $2,374,703

• Alternative Use

  Use

  Valuation

  Residential

  $2,222,428

  Hospitality

  $2,035,732

  Educational

  $1,693,705

  Medical

  $1,751,955

  Retail

  $2,634,653

Location Insight

City

Clearwater

County

Pinellas

State

Florida

Latitude

27.9683

Longitude

-82.7505

CBSA code

45300

CBSA name

TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].