PREMIER SW FL. RETAIL TRAILER SALES & SERVICE CO. W REAL ESTATE

Retail-Commercial for Sale
Catylist Listing ID: 30852609
Property Subtypes: Free-Standing Building, Parking Facility, Street Retail, Vehicle Related
Building Size (RSF): 9,472 SF
Gross Land Area: 82,174 SF
Sale Price: $5,500,000
Unit Price: $580.66 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User, Business
Building Name: Barry's Trailers
Usable Size (USF): 9,472 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/15/2023

Overview / Comments

A RARE OPPORTUNITY TO OWN A HIGHLY PROFITABLE TURNKEY COMPANY WITH THE VALUABLE REAL ESTATE. THIS IS A WELL-ESTABLISHED MARKET LEADER IN TRAILER SALES, PARTS, SERVICE AND ACCESSORIES LOCATED IN SARASOTA FLORIDA. THEY SPECIALIZE IN TRAILERS, HITCHES, PARTS, SERVICE AND ACCESSORIES CARRYING A FULL LINE OF ENCLOSED, BOAT, UTILITY, CAR DOLLY, CONSTRUCTION ETC. (EVERYTHING BUT LIVABLE AND SEMI TRAILERS.) THEY STOCK TRAILERS FROM ALL THE TOP MANUFACTURERS AND PERFORM CUSTOM BUILD WORK. THE COMPANY OPENED IT’S DOORS IN 1968 AND IS A 55-YEAR-OLD FAMILY OWNED AND OPERATED BUSINESS IN THE SAME LOCATION WITH THE SAME PHONE NUMBER AND WEBSITE. THE BUSINESS HAS A REPUTATION FOR QUALITY SALES AND SERVICE WITH AN EXTENSIVE CLIENT LIST.
THE FINANCIAL BOOKS ARE IMPECCABLE WITH SALES AND PROFITS SHOWING YEAR OVER YEAR GROWTH AND A STELLAR 2022/2023. THEIR FINANCIAL YEAR ENDS JUNE 30TH.
REAL ESTATE CONSISTS OF 1.89 +/- OR 82,174 SF OF INTENSIVE COMMERCIAL PROPERTY WITHIN AN OPPORTUNITY ZONE OVERLAY. WITH MULTIPLE ACCESSES, AN EXCELLENT LOCATION WITH US 301 FRONTAGE AND VISIBILITY. 46,000 VEHICLES PASS THIS LOCATION DAILY. PROPERTY IS AN EXCELLENT REDEVELOPMENT OPPRTUNITY.

THE SALE INCLUDES THE REAL ESTATE.

TRAILER INVENTORY IS NOT INCLUDED IN THE ASKING PRICE.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota County
Tax ID/APN: 2024160066
Zoning: ICD
Retail Clientele: General, Business, Tourist
Property Located Between: 18th and 19th Streets
Property Visibility: Excellent
Largest Nearby Street: Washington Boulevard
Feet of Frontage: 115
Traffic/Vehicle Count: 46,000
Tenancy: Single Tenant
Year Built: 1959
Year Renovated: 1980
Roof Type: Flat
Parking Type: Surface
Zoning Description: ICD. The Intensive Commercial district (ICD) is intended to provide areas where a wide range of employment opportunities without potential conflicts from interspersed residential uses. The emphasis is on intensive commercial and industrially related uses. Other commercial uses are allowed to support a wide range services and employment opportunities. The development standards are intended to allow new development, which is similar in character to existing development while promoting viable and attractive intensive commercial areas.
Lot Frontage: 115
Lot Depth: 482
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,751 79,775 169,674
Median Age: 33.04 44.92 47.69
Households: 5,730 35,442 77,058

Contact

Photograph of Listing Agent

Michael S Gallatin

SARABAY REAL ESTATE INC MFCRE Member
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