Crescent Beach Grocery - Siesta Key, FL

Retail-Commercial for Sale
Catylist Listing ID: 30777289
Property Subtypes: Free-Standing Building, Mixed Use, Retail-Pad, Street Retail
Building Size (RSF): 14,721 SF
Gross Building Area: See Agent
Sale Price: $9,000,000
Unit Price: $611.37 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/21/2022

Overview / Comments

PROPERTY OVERVIEW
Terrific opportunity to invest on Siesta Key. One of the most sought after locations in America. Use this current Iconic Building or redevelop this tremendous location. Recent zoning changes are expected to increase the density allowed on this property. This property is strategically located just over the South Bridge, which allows for quick access to Highways while being steps to the white qurtz sands of the beach via Public Beach Access 12. Combined AADT of 34,800. Currently Zoned CG/SKOD

PROPERTY HIGHLIGHTS
Destination Location
Increased Density
Good Traffic Counts
Redevelopment Possibilities
Easy Beach Access

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0108070001
Retail Clientele: Family, Traveler, Tourist, Recreation
Property Visibility: Excellent
Largest Nearby Street: Stickney Point Rd.
Feet of Frontage: 325
Traffic/Vehicle Count: 34,800
Highway Access: Stright Shot to !-75 Via Stickney Point Rd- Clark Rd(Stickney Point turns into Clark Rd)
Airports: Sarasota- Bradenton International - SRQ
Site Description: Prime corner location at the largest intersection on Siesta Key.
Area Description: Siesta Key is annually rated as one of the best beaches in the world.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Average
Zoning Description: Commercial General with Siesta Key Overlay District
Lot Frontage: 325

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,949 47,236 113,414
Median Age: 62.05 54.31 52.73
Households: 2,774 23,723 54,832

Contact

Photograph of Listing Agent

Kenneth E Hoskinson Jr

HEMBREE & ASSOCIATES INC MFCRE Member
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