Retail-Commercial for Sale
Catylist Listing ID: 30296271
Property Subtypes: Street Retail
Condo? Yes
Building Size (RSF): 1,900 SF
Gross Building Area: See Agent
Sale Price: See Agent
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/1/2019

Overview / Comments

CONFIDENTIAL: Very rare opportunity to own a presence on the "Gold Coast" sidewalk on St. Armands Circle. The Circle is considered one of the Premier Tourist, Shopping and Dining Districts in the United States. There is a year-round calendar of activities and events, including acclaimed art festivals, gourmet tasting events, exotic automobile shows, and holiday celebrations. Owners' preference is to sell real estate, profitable business and inventory as a package. Business has been awarded "best" in its business category. Contact Listing Agent for more information. Non-disclosure agreement required. Listing Agent must be present during visits to the property. RSF is approximately 1,900 SF.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota
Is Condo?: Yes
Zoning: CT
Retail Clientele: Tourist
Property Located Between: Blvd. of Presidents & John Ringling Blvd.
Property Visibility: Excellent
Area Description: St. Armands Circle is considered one of the Premier Tourist, Shopping and Dining Districts in the United States. Sidewalk foot-traffic is excellent. Location of this quality is rarely available for purchase.
Tenancy: Single Tenant
Property Condition: Excellent
Year Renovated: 2008
Parking Description: The new St Armands parking structure is under construction at the NE Quadrant and is scheduled for completion at end of 2018. Listed property is located in the NW Quadrant.
Zoning Description: CT, Commercial, Tourist
Land Ownership: condo

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,850 29,562 110,962
Median Age: 68.9 51.13 48.17
Households: 1,015 14,214 51,811
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