San marco unit 104
Retail-Commercial
for Sale
| Catylist Listing ID: |
30759024 |
| Building Size (RSF): |
544 SF
|
| Gross Building Area: |
91,000 SF |
| Sale Price: |
$139,900 |
| Unit Price: |
$257.17 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment |
| Building Name: |
San Marco |
| Usable Size (USF): |
544 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
5.5% |
| Last Updated: |
5/25/2023 |
Overview / Comments
|
Excellent exposure directly on Tamiami Trail (Rt. 41), in the much sought after mixed use San Marco building. Fantastic signage in 3 locations, and a daily traffic count of more than 36,000. The building has convenient private and separate parking for the commercial and residential units. Current tenant has leased the unit sense 2012, renews every two years and currently leased through September 2023. Currently being used as a hair salon with 3 chairs. With numerous high end residential projects recently completed, and many more currently under construction or in the approval process, Sarasota is booming. This is an ideal opportunity to take advantage of tremendous upside to pricing power as the area continues to grow.
|
Additional Details
| Nearest MSA: |
North Port-Sarasota-Bradenton |
| County: |
Sarasota |
| Taxing Authority: |
Sarasota |
| Tax ID/APN: |
0000008415 |
| Zoning: |
CRD |
| Retail Clientele: |
Other |
| Property Located Between: |
11th and 12th street. |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Tamiami Trail (US41) |
| Highway Access: |
Tamiami Trail (US41) |
| Airports: |
SRQ |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
6 |
| Property Condition: |
Excellent |
| Year Built: |
2006 |
| Sprinklers: |
Wet |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Internet Access: |
Cable |
| Interior Description: |
Three chair hair salon. |
| Zoning Description: |
CRD |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
14,093 |
64,130 |
153,867 |
| Median Age: |
40.76 |
44.33 |
48.14 |
| Households: |
5,819 |
28,080 |
70,221 |
|
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