Catylist ID:
#30835878
Site Development Opportunity - Main Street Sarasota
Retail-Commercial
for Sale
Sale Pending
| Catylist Listing ID: | 30835878 |
| Property Subtypes: | Free-Standing Building, Mixed Use, Restaurant, Street Retail, Other |
| Status: | Pending |
| Building Size (RSF): | 1,972 SF |
| Gross Building Area: | 2,741 SF |
| Gross Land Area: | 8,600 SF |
| Sale Price: | $3,200,000 |
| Unit Price: | $1,622 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/15/2023 |
Overview / Comments
|
Corner Lot, at Main Street and Osprey Avenue in downtown Sarasota ready for redevelopment. Sarasota's downtown core is experiencing many redevelopment projects, this could be the next development opportunity! This 8600 SF lot has Downtown Core zoning which allows for many mixed use opportunities, residential, multifamily and non residential uses including restaurants, retail, offices, entertainment facilities and hotels just to name a few. Residential redevelopment allows for a maximum height of 10 stories and 50 dwelling units per acre. Redevelopment Opportunity - Heart of Downtown Sarasota Corner Lot - Osprey Avenue and Main Street DTC Zoning |
Attachments & Media
Additional Details
| Nearest MSA: | North Port-Sarasota-Bradenton |
| County: | Sarasota |
| Taxing Authority: | City of Sarasota |
| Tax ID/APN: | 2027010063 |
| Zoning: | DTC |
| Retail Clientele: | Business |
| Property Located Between: | Osprey Avenue and US 301 |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Tamiami Trail |
| Feet of Frontage: | 86 |
| Highway Access: | US 301 |
| Airports: | Sarasota - Bradenton International Airport |
| Area Description: | Central Business District |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 1 |
| Property Condition: | Good |
| Parking Type: | Surface |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 17,376 | 80,738 | 168,325 |
| Median Age: | 45.68 | 45.53 | 47.86 |
| Households: | 8,147 | 36,051 | 77,217 |
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