Office Building/Redevelopment Opportunity
Office
for Sale
| Catylist Listing ID: |
30828006 |
| Property Subtypes: |
Medical, Office Building, Other
|
| Building Size (RSF): |
11,825 SF
|
| Gross Land Area: |
0.56 Acres
|
| Sale Price: |
$6,459,000 |
| Unit Price: |
$546.22 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Class of Space: |
Class B |
| Usable Size (USF): |
11,825 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/16/2023 |
Overview / Comments
Don’t miss out on an excellent opportunity for an Investor, Developer, or Owner User. The property is zoned DTE and allows for 25 units per acre residential or 50 units per acre for a hotel.
The Property currently has income and short-term renewing leases.
Located on one of Sarasota’s most iconic downtown streets, Palm Ave., and across the street from Marie Selby Botanical Gardens.
|
Additional Details
| Nearest MSA: |
North Port-Sarasota-Bradenton |
| County: |
Sarasota |
| Tax ID/APN: |
2036030011 |
| Zoning: |
DTE |
| Property Visibility: |
Excellent |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Year Built: |
1968 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
11,950 |
79,889 |
161,810 |
| Median Age: |
48.31 |
45.49 |
48.66 |
| Households: |
5,880 |
35,931 |
75,424 |
|
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The information presented herein is provided as is, without warranty of any kind.
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