DOWNTOWN RETAIL ON HIGHLY DESIRABLE PALM AVE

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30375246
Property Subtypes: Street Retail, Other
Status: Pending
Building Size (RSF): 1,057 SF
Gross Building Area: See Agent
Sale Price: $455,000
Unit Price: $430.46 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/31/2019

Overview / Comments

PROPERTY OVERVIEW
Rare opportunity to acquire a unique retail unit on one of Sarasota's premier streets. The property enjoys an end
cap location and benefits from the recent street improvements on Palm Ave and the opening of the Ovation Hotel.
All in all, this is a prime, prime location.
PROPERTY HIGHLIGHTS
• 1,057SF +/-
• 14 ft ceilings
• 2 bathrooms, 1 with shower
• Attractive landscaped entrance
• 3 parking spaces in Bay Plaza parking garage
PROPERTY SUMMARY
Sale Price: $455,000
Zoning: DTB
Market: Downtown Sarasota

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0000007730

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,847 73,035 154,073
Median Age: 50.18 45.25 48.18
Households: 5,486 32,597 71,001
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