Retail/Manufacturing Right on US41

Industrial for Sale
Sale Pending/Contingent
Also listed as Retail-Commercial
Catylist Listing ID: 29885435
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Warehouse/Distribution
Status: Pending/Contingent
Building Size (RSF): 17,800 SF
Gross Building Area: See Agent
Sale Price: $1,150,000
Unit Price: $64.61 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/24/2017

Overview / Comments

Great freestanding retail/manufacturing site right on US41 with, according to FDOT, 40,000+ vehicles a day passing by!

Building consists of +/-10,600SF of warehouse space and +/-7200SF of office/showroom space (on two floors). Four 12x14 overhead doors plus a massive 22x14 powered overhead door and up to 26 parking spaces. 3 phase power to warehouse. Part of upper office floor currently rented month to month at $1000pm. Billboard income also of minimum $7500 annually also included! Actual billboard income has been +/- $10,000 for last two years. Curtain concrete wall to front of warehouse could be opened and glazed, subject to planning.

All information regarding the property, including but not limited to financial information and projections (e.g., cap rates and valuations) are based on information from a variety of sources including but not limited to public records and owner-provided data. While information is believed accurate, RE/MAX Alliance Group Inc/Ivan J Gould PA makes no representation or warranty as to its completeness, and you should not rely upon it without conducting your own due diligence and investigation to determine whether the property meets your criteria and is a suitable investment. Past results are not necessarily indicative of future performance. Owner-provided financial information will be available for review upon execution of a confidentiality agreement.

Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota
Tax ID/APN: 0170160007
Zoning: CI AND CG

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,031 33,642 62,157
Median Age: 54.15 62.92 61.35
Households: 2,529 17,753 31,898

Contact

Photograph of Listing Agent

Ivan J Gould

RE/MAX ALLIANCE GROUP
MFCRE Member

Source

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