2201 Ringling Blvd, Units 101 and 102

Office for Sale
Catylist Listing ID: 30760778
Property Subtypes: Office Building
Condo? Yes
Building Size (RSF): 1,661 SF
Gross Building Area: See Agent
Gross Land Area: 0.38 Acres
Sale Price: $499,000
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/16/2021

Overview / Comments

This sale consists of 2 out of the 10 office condos within the 2201 Ringling Blvd building. The two units, being sold only as a combined package, are contiguous and total 1,661 usable SF. After taking into account core factor we estimate the total gross square footage equates to approximately 2,218 SF, or 28.48% of the entire building. The building is 3 stories with the upper two levels being office and the ground floor consisting of parking along with stairwell and elevator access. These combined units have 4 designated covered parking spaces within the ground floor of the building (Two most northern spaces and two most southern spaces along the west side of the covered parking). The building is well located with the courthouse, Payne Park, and all of the amenities that Main St. and the Downtown Core have to offer within walking distance.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 2029031001 & 2029031002
Is Condo?: Yes
Zoning: DTC
Property Located Between: Ringling Blvd and School Ave
Highway Access: US-301; US-41
Airports: SRQ
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 1984
Parking Type: Surface
Parking Description: covered and open surface lot
Passenger Elevators: 1
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: Downtown Core

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,750 85,603 168,325
Median Age: 42.16 45.44 47.86
Households: 6,777 38,181 77,217
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