Multi-Tenant user warehouse building near Fruitville & I-75

Industrial for Sale
Sale Pending
Catylist Listing ID: 30828968
Property Subtypes: Flex Space, Free-Standing, Light Industrial, Warehouse/Distribution
Status: Pending
Building Size (RSF): 5,000 SF
Gross Building Area: See Agent
Sale Price: $1,395,000
Unit Price: $279 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/31/2023

Overview / Comments

Multi-Tenant warehouse building located on Colan Place which is near Fruitville and I-75. Building could be used as an owner occupied freestanding building, occupy a portion or use as is, which is currently separated into 3 units. Total usable SF is 7,220 with a 5,000 SF foot print + 1,720 SF loft on over a ½ acre lot with a fenced in backyard. the backyard is shelled and has drive access around the property.

Unit 1: 2,985 SF plus the loft. Storefront entrance into office area, open warehouse with two overhead doors. Access to fenced in yard.
Unit 2: 365 SF office suite with 2 rooms
Unit 3: 1,650 SF plus the loft. Storefront entrance into a 2 room office, open warehouse with 1 overhead door and access to 1/3 of the backyard.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0237130008
Tenancy: Multiple Tenants
Property Condition: Excellent
Year Built: 1997
Year Renovated: 2022

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,299 62,488 140,582
Median Age: 44.67 47.71 47.98
Households: 3,217 26,788 63,305


Photograph of Listing Agent

Troy Harry Robbins

MFCRE Member
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