TOWLES COURT COMPOUND!

Office for Sale
Sale Pending
Catylist Listing ID: 30753078
Property Subtypes: Office Building
Status: Pending
Building Size (RSF): 4,058 SF
Gross Building Area: 4,766 SF
Gross Land Area: 12,730 SF
Sale Price: $1,521,750
Unit Price: $375 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Last Updated: 8/25/2021

Overview / Comments

This Towles Court compound is completely unique to the area. The property consists of two parcels featuring 3 detached buildings totaling 4,058/SF, as well as, onsite parking along Links Ave. and Morrill St., in addition to street parking. This area is highly sought after and is located in an historic part of downtown Sarasota. The grounds are beautiful and well maintained with all the buildings being interconnected via a wide covered walk way.

1901 Morrill St. is a 2,220/SF two story building with the ground floor offering a lovely reception area, large conference room, two large offices, tech room, large kitchenette and ADA compliant bathroom. The second floor offers 3 very large offices, copy/storage room and ADA compliant bathroom. The building has lots of windows providing tons of natural light.

1905 Morrill St. is a 806/SF one story building with a small, well appointed, reception area, two large offices, copy/storage room and ADA compliant bathroom.

1909 - 1911 Morrill St. is a 1,032/SF one story building offering two contiguous independent 516/SF suites with lovely pitched ceilings providing awesome open space. 1909 Morrill St. is a nicely built out suite featuring two large rooms with the front consisting of a well appointed kitchenette and conference table, the other is a large private office and ADA compliant bathroom. 1911 Morrill St. offers two large open rooms with an ADA compliant bathroom. Both suites have lots of windows and light.

One could buy this property for their business and lease out a few suites for additional income or utilize the entire compound for your personal use.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: City of Sarasota
Tax ID/APN: 2027080058 & 2027080060
Zoning: DTE (DOWNTOWN EDGE)
Property Located Between: Located on the NE corner of S. Links Ave. and Morrill St.
Property Visibility: Excellent
Highway Access: US-301; I-75
Airports: SRQ
Total Number of Buildings: 3
Number of Stories: 2
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,966 87,515 169,680
Median Age: 46.68 45.5 48.03
Households: 7,783 39,123 78,011
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