Mini Retail Center

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30669968
Property Subtypes: Mixed Use, Retail-Pad, Street Retail, Other
Status: Pending
Building Size (RSF): 6,382 SF
Gross Building Area: See Agent
Sale Price: $849,000
Unit Price: $133.03 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Business
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 10/16/2021

Overview / Comments

Proud to present this mini retail center, one story building includes three stores whom have been paying on time for 20 years, zoned Commercial General. Best location directly in the middle of Sarasota and Manatee County steps to the bayfront prime location to live and work, walk to work, live on bayfront, the gateway to Sarasota main tributary to boutiques, restaurants, hundreds of shops, #1 beaches in the country & just voted #1 place in the world to live and have business. Current businesses are a Smoke Shop, a Japanese Massage and an online Gambling Business. Building is a total of 6,382 square feet, count on over 1/2 acres. Excellent exposure located directly on N. Tamiami Trail and has plenty of frontage and signage. Sits across from the Sarasota Airport, high growth area with new buildings and banks being built all around subject. Could be retail, service or office. Flexible zoning allows for multiple uses. This property contains three tenants that have proven highly successful in this location. Japan Spa has been a tenant for about 20+ years, KMA Smoke Shop currently signed for 4 &1/2 more years and has been a tenant long term prior, Royal Palace Casino has been a tenant for almost 2 years and has been successful, 50+ parking spaces. Don't let this great opportunity pass you by! Call for details!

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 6798500002
Retail Clientele: General, Business, Recreation, Casino, Other
Property Located Between: Sarasota and Manatee County
Property Visibility: Excellent
Highway Access: North Tamiami Trail
Airports: Sarasota Airport
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1963
Total Parking Spaces: 50
Parking Type: Surface
Legal Description: Lot 2 BLK G, Ballentine Manor Estates PI#67985.0000/2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,626 53,897 179,556
Median Age: 47.08 42.06 45.22
Households: 1,513 22,272 79,445


Photograph of Listing Agent

Josh A Beckmann

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