Opportunity Zone Freestanding Building on Hard Corner

Office for Sale
Catylist Listing ID: 30554432
Property Subtypes: Governmental, Medical, Office Building
Building Size (RSF): 7,729 SF
Gross Building Area: 8,342 SF
Gross Land Area: 20,808 SF
Sale Price: $3,999,900
Unit Price: $517.52 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/31/2020

Overview / Comments

New to the market!

Downtown Sarasota Corner- Perfect for Development
Located in an Opportunity Zone!
Perfect for many office/medical/professional uses.
Freestanding Class "A" buildout and design – inside and out.
Currently setup as a 3 unit building 1 on the first floor and 2 on the second.
Stair and Elevator access to second floor, 3rd floor is accessed via spiral staircase.

Highly desirable hard corner with traffic signal.
Join the massive development downtown and take advantage of a rarely available corner location. Many new restaurants, hotels, condos, high-rise offices and more! Zoned DTE, unparalleled exposure on Ringling Blvd. and S. Osprey Avenue. Located just a few blocks from the bay, large apartment and condo developments and more!

Property consists of two addresses: 107 S. Osprey Ave. and 1809 Ringing Blvd., Sarasota, FL. Total Lot size is 20,808 SF.
225 ft of frontage on Ringling Blvd
104 ft + of frontage on Osprey Avenue.

To view all our listings please visit www.AmericanPropertyGroup.com

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: City of Sarasota
Tax ID/APN: 2027010068
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,966 81,867 168,325
Median Age: 46.68 45.46 47.86
Households: 7,783 36,523 77,217


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