7204-7216 S Tamiami Trail

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30844395
Property Subtypes: Free-Standing Building
Status: Pending
Building Size (RSF): 8,660 SF
Gross Building Area: See Agent
Gross Land Area: 21,780 SF
Sale Price: $1,250,000
Unit Price: $144.34 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/25/2023

Overview / Comments

The subject property was constructed as hotel in the 1950’s when the Tamiami Trail was the direct west coast route from Tampa to Sarasota, Ft Myers, Naples and Miami. The property was converted to retail/office use in the 1970’s and is currently occupied by retail and fitness tenants.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota County
Tax ID/APN: 0109080001
Zoning: CG
Property Visibility: Excellent
Largest Nearby Street: US 41
Traffic/Vehicle Count: 43,000
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Year Built: 1953
Year Renovated: 1985
Total Parking Spaces: 26
Parking Type: Surface
Zoning Description: Commercial General
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,659 56,456 116,844
Median Age: 52.81 54.17 52.58
Households: 5,569 28,123 56,190


Photograph of Listing Agent

John B Harshman

MFCRE Member
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