Freestanding Retail/Office Building For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30851882
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 2,934 SF
Gross Building Area: 3,086 SF
Sale Price: $749,900
Unit Price: $255.59 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/14/2023

Overview / Comments

Located in the heart of Sarasota, this 2,934 SF retail/office building offers the ability for an owner to relocate their business and occupy both suites, occupy one suite, or lease out both suites as a cash flow producing asset. The building is comprised of two separate 1,467 SF retail/office units. Each unit has it's own storefront entrance.

The downstairs unit features a reception area, four private offices, multiple storage closets, a kitchenette, two bathrooms, and a shower. The upstairs unit features an open workspace, four private offices, and two restrooms.

Ideally located at the Northeast corner of the high traffic intersection of Webber and Beneva which features a daily traffic count of 30,000 + vehicles. There is also ample parking in the surface parking lot making for easy access for customers and staff.

1 mile - 6,521 Households / $75,884 Avg. HH Income
5 mile - 102,152 Households / $73,586 Avg. HH Income
10 mile - 182,657 Households / $77,432 Avg. HH Income

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Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota County
Tax ID/APN: 0060130006
Zoning: CG - COMMERCIAL, GENERAL
Retail Clientele: General, Family, Business
Property Visibility: Excellent
Traffic/Vehicle Count: 30,000
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,467 SF
Property Condition: Good
Year Built: 1982
Construction/Siding: Block
Parking Type: Surface
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,566 103,028 178,519
Median Age: 49.67 46.11 48.08
Households: 6,965 46,377 81,521

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