2 Buildings with Fenced Yard

Industrial for Sale
Catylist Listing ID: 30825193
Property Subtypes: Cold Storage, Flex Space, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Research & Development, Self Storage, Warehouse/Distribution, Other
Building Size (RSF): 3,135 SF
Gross Building Area: See Agent
Gross Land Area: 11,750 SF
Sale Price: $729,000
Unit Price: $232.54 PSF
Ceiling: 10 ft. Clear
Docks/Doors: 2 Doors
Office SF: 300 SF
Drive In Bays: 2 Bays
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 5/21/2023

Overview / Comments

TWO BUILDINGS: +/-1935sf and +/-1200sf

There is ample fenced outside storage, and the property extends from Lime Ave east to Boyd St. with Ingress and Egress to and from both streets.

1. OWNER/USER: You don't want to miss this opportunity to purchase a rarely available Automotive, Home Improvement, Manufacturing, Industrial Service, site in the Downtown Sarasota Area. Whether you do repairs, rentals or both, this type of property is not easy to come by in the City.

There are two buildings, attached by a canopy. One for your business and one to use for rental income or use both for yourself.

2. INVESTMENT: - Two Buildings to Lease and Seller may be willing to lease back the 1935 sf building for $3000/mo Modified Gross and 4 to 5 parking spaces that Tenant or Owner is not using.

A clean 2019 Phase II Environmental Report is available.

A Survey is attached to this listing.

Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: City of Sarasota
Tax ID/APN: 2023060042
Property Located Between: N Lime Ave and Boyd St
Highway Access: N Washington Blvd (Hwy 301)
Airports: SRQ and Punta Gorda
Site Description: New Electric, Plumbing and Roof (2018)
Area Description: Industrial
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Average
Year Built: 1953
Year Renovated: 2020
Construction/Siding: Block
Parking Type: Surface
Zoning Description: IHD - Industrial Heavy District
Legal Description: LOTS 6 & 7 BLK D DAY TERMINALS PID 2023-06-0042

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,192 83,135 171,666
Median Age: 35.83 45.25 47.64
Households: 6,691 36,874 77,801


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