Excellent Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30752476
Property Subtypes: Free-Standing Building, Restaurant, Other
Building Size (RSF): 11,523 SF
Gross Land Area: 1.59 Acres
Sale Price: $2,300,000
Unit Price: $199.60 PSF
Property Use Type: Vacant/Owner-User, Business
Usable Size (USF): 11,523 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/14/2021

Overview / Comments

Excellent opportunity to own property on a lighted corner on North Trail US 41 in Sarasota. The property consists of 2 (two) parcels. Parcel 1 is currently an active restaurant with 10,099 +/- sq situated on 1.15 acres. Parcel 2 is a residential house with 1,424 +/- sq situated on .44 acres with 2 bedrooms and 1 bath. The Parcels are adjoined by the NW lot line.
They can be sold together or individually.
The restaurant boasts a large Italian-themed dining room, Wood Fire Pizza Oven, outdoor seating area, and private banquet/entertainment room.
SHOWING BY APPOINTMENT ONLY. CONFIDENTIAL LISTING - DO NOT DISTURB TENANT

Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 6806300056
Zoning: GC
Retail Clientele: Business
Property Visibility: Excellent
Largest Nearby Street: US 41
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,984 51,558 170,956
Median Age: 49.58 42.3 45.64
Households: 845 21,160 76,134
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