Great Location, Great Zoning, Great Value!

Vacant Land for Sale
Catylist Listing ID: 30576745
Property Subtypes: Multi-Family, Office, Retail
Gross Land Area: 0.73 Acres
Sale Price: $2,195,000
Unit Price: $3,006,849 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Last Updated: 12/1/2020

Overview / Comments

This assemblage is comprised of three parcels: 2051 Main St., 37 Wallace Ave and 45 Wallace Ave. making up a total of 31,603/SF. 2051 Main St. features a 6,050/SF office building currently fully occupied with MTM tenants. The area and this site represent some of the last large tracts of Downtown Core zoned land in the City of Sarasota making this parcel ripe for development. Presently 35 residential units could be built on the three parcels along with office and retail space. There is also the potential to include an additional 6 lots to the north adding another 43,750/SF for a total assemblage of 1.73 acres. Be one of the first to take advantage of the value that comes with seeing the path of progress and being on the front end of the development curve.

Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 2029040046, 2029040049, 2029040050
Zoning: DTC - DOWNTOWN CORE
Property Located Between: On the north side of Main Street between Fletcher Avenue and Wallace Avenue.
Property Visibility: Excellent
Largest Nearby Street: Fruitville Road
Highway Access: US-41 and I-75
Airports: SRQ

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,403 83,281 166,932
Median Age: 41.53 45.43 47.86
Households: 6,284 37,116 76,462
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