35 key motel located in the Clearwater Downtown Gateway area offering strong redevelopment and expansion potential. Situated on approximately 0.94 acres, this hospitality property includes two two story buildings totaling 17,706 square feet plus a vacant adjacent lot that may allow construction of approximately six additional units, subject to city approval.
Built in 1964 and renovated in 2019, the property features new roofs installed in 2024 and an updated electrical panel in 2023. The motel includes 34 guest rooms plus a three bedroom manager apartment, ADA accommodations, pool lift, swimming pool, and 28 off street parking spaces.
The nearly one acre site provides flexibility for continued operations, repositioning, or redevelopment in a growing Clearwater corridor. The inclusion of a vacant lot enhances future value and potential unit expansion. Possible owner financing may be available for qualified buyers.
This is a strong value add opportunity in a strategic Clearwater location with both immediate income and long term development upside.
