99 Room Hotel by Sarasota Memorial Hospital
Retail-Commercial
for Lease
| Catylist Listing ID: |
30583259 |
| Property Subtypes: |
Free-Standing Building, Mixed Use, Other
|
| Contiguous Space: |
47,099 SF |
| Building Size (RSF): |
47,099 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
2.26 Acres
|
| Lease Rate: |
See Agent
|
| Lease Types: |
See Agent |
| Usable Size (USF): |
47,099 SF |
| Last Updated: |
9/16/2020 |
Overview / Comments
Opportunity to purchase operational 99 room Baymont by Windham hotel with plans in place to develop a Sheraton flag hotel. May also be converted to corporate housing to fill strong need of ever developing downtown and county of Sarasota.
This opportunity is located on S. Tamiami Trail (US 41) - walking distance to restaurants, shops and Sarasota Memorial Hospital main campus. Very close to Selby Botanical Gardens, downtown Sarasota. Only 15 minutes to Sarasota-Bradenton International Airport (SRQ), St. Armand's Circle, Lido Key, Longboat Key, Siesta Key and easy access to US 301 and I-75.
The property features 99 accommodating guest rooms with desks, flat screen TVs and coffeemakers. Amenities include an expansive heated outdoor pool with patio lounging area, business center, fitness room, large meeting room for events, breakfast area, laundry service and ample parking.
|
| Space Available: |
47,099 SF |
| Lease Rate: |
See Agent
|
| Lease Type: |
NNN |
| Date Available: |
3/11/2020 |
| Lease Term: |
60 Months |
| Space Type: |
New |
| Parking Spaces |
118 |
| Tax Expenses |
$97,946 PSF (Annual) |
Additional Details
| Nearest MSA: |
North Port-Sarasota-Bradenton |
| County: |
Sarasota |
| Tax ID/APN: |
2035050042 |
| Zoning: |
RESIDENTIAL MULTI-FAMILY (18-RMF4) |
| Property Located Between: |
Prospect and Floyd Streets |
| Property Visibility: |
Good |
| Largest Nearby Street: |
S Tamiami Trail |
| Feet of Frontage: |
356 |
| Traffic/Vehicle Count: |
60,000 |
| Highway Access: |
6.3 miles to I-75 (17 minutes) |
| Airports: |
Sarasota-Bradenton International Airport (SRQ) |
| Site Description: |
This site sits just east of U.S. 41, adjacent (across the street) to Midtown Plaza retail center. Paved access from Prospect and Floyd Streets, as well as East Avenue and S. Tamiami Trail. |
| Area Description: |
This opportunity is located on S. Tamiami Trail (US 41) - walking distance to restaurants, shops and Sarasota Memorial Hospital main campus. Very close to Selby Botanical Gardens, downtown Sarasota. Only 15 minutes to Sarasota-Bradenton International Airport (SRQ), St. Armand's Circle, Lido Key, Longboat Key, Siesta Key and easy access to US 301 and I-75. |
| Total Number of Buildings: |
4 |
| Number of Stories: |
3 |
| Property Condition: |
Good |
| Year Built: |
1967 |
| Year Renovated: |
1995 |
| Roof Type: |
Mansard |
| Construction/Siding: |
Stucco |
| Exterior Description: |
Office and both wings of the main building were built with masonry or poured concrete load bearing walls with stucco exterior. Mansard-style tile roof. The 768 SF Commercial outbuilding was constructed similarly, with a low pitched shed-style shingled roof. |
| Parking Type: |
Surface |
| Parking Description: |
118 parking spaces, plus 5 handicap spaces, surround the perimeter of the buildings. |
| Passenger Elevators: |
3 |
| Air Conditioning: |
Window Unit |
| Interior Description: |
Currently being run as a hotel - Baymont by Windham. |
| Zoning Description: |
Residential Multi-Family (18-RMF4) |
| Lot Frontage: |
356 ft. |
| Lot Depth: |
276 ft. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
13,143 |
90,330 |
169,694 |
| Median Age: |
46.5 |
45.68 |
48.32 |
| Households: |
6,108 |
40,554 |
78,457 |
|
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