Industrial Property For Sale

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): 3,540 SF
Gross Building Area: See Agent
Gross Land Area: 11,750 SF
Sale Price: $785,000
Unit Price: $221.75 PSF
Office SF: 300 SF
Property Use Type: Net Leased Investment (NNN), Investment
Usable Size (USF): 3,135 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 11/27/2022

Overview / Comments

TWO BUILDINGS: +/-1900sf and +/-1200sf


INVESTMENT: - Tenant has commented they would like to stay. And Seller may be willing to lease his office and 4 to 5 parking spaces that Tenant is not using.

USER: You don't want to miss this opportunity to purchase a rarely available Automotive site. Whether you do repairs, rental or both, this type of property is not easy to come by in the City.

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

There is ample fenced outside storage in the rear and the property extends from Lime Ave east to Boyd St.

A clean 2019 Phase II Environmental Report is available.

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
Area Description: Industrial
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Average
Year Built: 1953
Year Renovated: 2020
Parking Type: Surface
Zoning Description: IHD - Industrial Heavy District

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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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