Strip Center / plus Business for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30753589
Property Subtypes: Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 8,099 SF
Gross Building Area: See Agent
Gross Land Area: 42,759 SF
Sale Price: $599,900 - 1,799,900
Unit Price: $74.07 - 222.24 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Club 41 (owner), Vape Shop (tenant) & cell phone repair (tenant)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/12/2021

Overview / Comments

Strip Center & Bar Lounge for sale. Strip center consist of Bar (owner operated) and 2 other rentals. Large parcel that could probably be added to. Bar has a 4cop duel license that includes package sales. This license can be moved anywhere in Sarasota County. Sale is subject to both business and Strip center selling. They could be to 2 different buyers but seller is retiring and wants both sold. Great location right on US 41 with outstanding visibility. 41,000 car a day pass this site per FL DOT.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota County
Tax ID/APN: 0450150020 & 0450150019
Retail Clientele: General, Recreation
Property Located Between: Crane Rd & South Venice Blvd.
Property Visibility: Excellent
Largest Nearby Street: Tamiami Trail
Feet of Frontage: 200
Traffic/Vehicle Count: 41,000
Highway Access: Tamiami Trail (US 41)
Airports: SRQ and Punta Gorda
Site Description: Level with great visibility. Large parcel with possible room to expand.
Area Description: Fast growing area with new Wawa, Tire Center, 2 Car dealerships and many more.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Year Built: 1964
Year Renovated: 1980
Roof Type: Flat
Construction/Siding: Wood Siding
Parking Type: Surface
Parking Description: ample parking out front of the retail units and abundance of parking to the south and in the rear.
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: Large Bar and Lounge area (6995 sq ft)
Zoning Description: CG-Commercial General
Lot Frontage: 200
Lot Depth: 220
Water Service: Municipal
Sewer Type: Septic
Easements: Ingress/Egress, Utilities
Land Ownership: Fee Simple
Legal Description: Long Legal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,780 39,747 68,198
Median Age: 50.91 58.17 60.85
Households: 3,162 19,824 34,774

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