Two-Unit, 10,000 SF Industrial Facility with Fenced Storage

Industrial for Sale
Catylist Listing ID: 30571284
Property Subtypes: Cold Storage, Free-Standing, Manufacturing, Warehouse/Distribution
Building Size (RSF): 10,000 SF
Gross Building Area: See Agent
Gross Land Area: 20,688 SF
Sale Price: $1,195,000
Unit Price: $119.50 PSF
Drive In Bays: 2 Bays
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 10,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/26/2020

Overview / Comments

10,000 SF, Two-Unit, Industrial Warehouse Facility with Fenced Storage Yard available for Sale.

Well-maintained, recently painted, concrete building with pre-stressed concrete roof. Two drive-in bays provide access to 10th Street. Two additional overhead doors provide access to a paved, fenced storage area to the north of the building. A larger fenced storage yard/parking area is located adjacent to the east unit and also includes gate providing access from 10th Street.

The building is partitioned into two units totaling 10,000 SF.
- Unit A (West 5,350 SF Unit) is currently occupied by a wood-working/cabinet oriented business and also AVAILABLE FOR LEASE at $4,500/month. This occupant would also vacate upon sale. Unit A includes large office/showroom with large windows providing view of the production area. The first floor office area also includes full restroom with shower and kitchen/breakroom. A small parts storage room is just north of the main office area. Balance of the first floor is open warehouse/production space with 3 overhead doors (one provides access to 10th Street; two doors lead to the small paved, fenced storage area to the rear of the facility). Storage mezzanine is located along the west and south walls providing storage and 3 additional offices.

Unit A may be occupied by a buyer/new owner or is also available for lease at $4,500/month.

- Unit B is approximately 4,650 SF and currently leased to a wood-working/storage oriented tenant through mid 2024. Unit B includes one overhead door providing access from 10th Street and a 2nd door leading to the rear, paved, fenced storage area.

Great location for an owner-user requiring a well-maintained facility with fenced parking/additional parking or an investor seeking a well-maintained facility in highly desirable location.

Seller may consider Seller Financing or lease/option to purchase.

Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: City of Sarasota
Tax ID/APN: 2028040009
Zoning: DTE - DOWNTOWN EDGE - CITY OF SARASOTA
Tenancy: Multiple Tenants
Number of Stories: 1
Year Built: 1971
Construction/Siding: Block
X-Phase: 3
Zoning Description: DTE - DOWNTOWN EDGE - City of Sarasota
Legal Description: LOTS 8, 9, 10 & 11, BLK A, FRANK A WALPOLE SUB TOGETHER WITH BEG AT NW COR OF SAID LOT 8 TH N 27 FT TH SELY 102 FT M/L TH S 4 FT TO NE COR OF SAID LOT 9 TH W 100 FT TO POB, LESS PORTION OF SAID LOTS 10 & 11 DESC AS, COM AT NW COR OF SAID LOT 10 TH ELY 7 FT FOR POB TH SELY 107.65 FT TO E LINE OF SAID LOT 11 TH N 55 FT TO NE COR OF SAID LOT 11 TH WLY 93 FT TO POB

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,425 88,572 172,093
Median Age: 36.68 45.32 47.94
Households: 6,620 39,593 78,584

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