Catylist ID: #30139008
INVESTORS TAKE NOTICE - Guaranteed Rent
Retail-Commercial for Sale
|Catylist Listing ID:||30139008|
|Property Subtypes:||Mixed Use, Vehicle Related, Other|
|Building Size (RSF):||2,646 SF|
|Gross Building Area:||See Agent|
|Gross Land Area:||14,443 SF|
|Unit Price:||$226.38 PSF|
|Property Use Type:||Investment, Vacant/Owner-User|
|Sale Terms:||Cash to Seller, Owner Financing|
|Average Occupancy Rate:||100|
Overview / Comments
TWO for ONE.
1967 17th St is leased to an Auto Repair company and occupies 2 of the 3 buildings. The front building has 2 bays with the Tenant's hoists and a work area and 16ft clearance. the font building was built in 2013 and is +/-1050sf . He also rents the rear building which has 2 Bays, an office and a bathroom with a shower. The hoist in the back building is included in the sale. The Back Building was built in 1979 and is +/-1020sf
1973 17th St. has been the Seller's Auto Rental business for years. It includes his office and bathroom and covered prep area for 3 cars and detached storage room. ALSO, there is an efficiency apartment on the 2nd floor whose rent is paid to the Seller. Seller will close his business upon the sale of the properties.
This Opportunity has several possibilities, 3 of which are:
1. Investor/User - collect rent from the Automotive Tenant and the Apartment Tenant and run your own business from the other portion.
2. Investor Only - buy the property for an anticipated 8cap or better and lease the vacant portion. Auto rental and/or sales location are not easy to find in the City of Sarasota.
3. Investor Only - Make your offer with a contingency the Seller has the 1973 17th St portion leased prior to closing.
There is ample parking for both of the major Tenants. See Pdf Attachment.
Zoning is ICD - Intensive Commercial District in the City of Sarasota and is located directly behind (west)the HOB NOB restaurant and across the street (north) of Wendy's which are both on the corner of N. Washington Blvd and 17th St. and across the street from UPS.
17th St has become a very popular east to west thoroughfare in this part of the City.
Attachments & Media
|Nearest MSA:||North Port-Sarasota-Bradenton|
|Taxing Authority:||City of Sarasota|
|Tax ID/APN:||2024160018 & 0019|
|Zoning:||ICD - INTENSIVE COMMERCIAL DISTRICT|
|Retail Clientele:||General, Family, Business, Traveler, Tourist, Other|
|Property Located Between:||Behind the Hob Nob restaurant at N. Washington Blvd and 17th Street|
|Largest Nearby Street:||N Washington Blvd|
|Feet of Frontage:||100|
|Highway Access:||I-75 is 12- 15 minutes east.|
|Area Description:||This property is located directly behind (west) the HOB NOB restaurant and across the street (north) of Wendy's which are both on the corner of N. Washington Blvd and 17th St. and across the street from UPS. 17th St has become a very popular east to west thoroughfare in this part of the City.|
|Number of Stories:||3|
|Total Parking Spaces:||29|
|Parking Description:||See Photos|
|Interior Description:||SEE OVERVIEW|
|Zoning Description:||ICD - Intensive Commercial District|
|Legal Description:||1967 17th St - LOT 17 BLK H CITY PARK 1973 17th St - LOT 19 BLK H CITY PARK|
|Proximity:||1 mile||3 miles||5 miles|
Marcia CuttlerAMERICAN PROPERTY GROUP MFCRE Member
|© Copyright Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither My Florida Commercial Real Estate nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.|