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123 N MARTIN LUTHER KING JR AVENUE UNIT B

Recently Sold
$12,588

BTC: 0.19668750

ETH: 7.20962199

Sold on: 2025-12-22
321 days
0 room(s)
2,394 sqft

Overview

Excellent location for your retail or office on a busy downtown Clearwater Street.? Over 20000 vehicles pass this visually appealing mid century building which offers high visibility and ample parking in the rear.? Includes a private restroom and open floor plan.? Recessed LED lighting, tall ceilings (12') and ceramic tile flooring.? Landlord would consider TI allowance for partitioned office walls, waiting room and other build-out specifications etc.?, based on lease term.? You can lease a one of three units (800sf each mol) or a combination of two or all three (2394sf total for all three suites).? There is a large 10’ overhead door in this center suite (suite B) for easy inflow and outflow.? Located in an opportunity zone.?

Location

Details

Type:
Commercial Lease
Parking:
No Data
Year Built:
1938
Lot:
0.14 Acres
Heating:
Heat Pump
Price/sqft:
$5
Cooling:
Mini-Split Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,350,000
$939K – $3.3M
Confidence Low
List vs. estimate
$2.3M below estimate
List $12,540 · -99.5%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$5
-98.1% vs. city median $268
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,775
2024
All facts and features
  • Heating

    • Heat Pump

    Cooling

    • Mini-Split Unit(s)

  • Lot

    • Lot: 0.14 Acres

    Other Property Information

    • Parcel Number: 152915030600030420

    • Zoning: DOWNTOWN C

  • Type and style

    • Property Type: Commercial Lease

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $4,775

  • Source details

    • MLS ID: TB8346478

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Slab

    • Living Area: 2394

    • Subdivision Name: BASSADENA

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: VIEWPOINT REALTY INTERNATIONAL