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1310 CLEVELAND ST
CLEARWATER, FL 33755-5101
Asking Price
$1.95M
Asset Type
Restaurant Retail
Class
Class B
What's Special
<p><em>3,947 SF freestanding building on Cleveland Street</em></p><p></p><p><em>Profitable owner-operated laundromat + NNN restaurant</em></p><p><em>tenant</em></p><p></p><p><em>Top-tier Speed Queen equipment serviced regularly</em></p><p></p><p><em>Recent capital improvements — turnkey for new owner</em></p><p></p><p><em>High-growth Clearwater corridor, revitalized streetscape</em></p><p></p><p><em>Financials available with sign, NDA and proof of funds</em></p>
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NOI
$80,000
Cap Rate
4.10%
DSCR
0.69
Underwater
Cash-on-Cash
-6.11%
Monthly Payment
$9,647.536
Annual Cash Flow
$-35,770.433
