Light Industrial Warehouse & Office

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30817657
Property Subtypes: Free-Standing, Industrial-Business Park, Light Industrial, Office Showroom, Warehouse/Distribution
Status: Pending/Contingent
Building Size (RSF): 15,236 SF
Gross Land Area: 1.51 Acres
Sale Price: $3,750,000
Unit Price: $246.13 PSF
Ceiling: 16 ft.
Property Use Type: Vacant/Owner-User
Building Name: Light Industrial Warehouse & Office
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/15/2022

Overview / Comments

Rare to market, this 15,000 SF office warehouse sits on just over 1.5 acres right in the heart of Sarasota. Property location is actually both 5403 Ashton Court & 5403 Catalyst Avenue, with access from both streets. This solid concrete block building has 16' ceilings and is comprised of approximately 7,000 SF of office and 8,000 SF of warehouse with over half an acre of fenced in outdoor storage. Three overhead roll-up doors (12' x 9.5', 16' x 14' and 16' x 18'). Priced well below replacement cost. Roof is 4 years old and 3 A/C units have just been replaced. Come tour the building!

* 15,000 SF office warehouse
* 1.5 acres
* Solid concrete block building
* 7,000 SF of office and 8,000 SF of warehouse with 16' ceilings
* Three overhead roll-up doors (12' x 9.5', 16' x 14' and 16' x 18')
* Two access points - Ashton Court and Catalyst Ave.
* Roof is 4 years old and 3 A/C units have just been replaced.
* Priced well below replacement cost.

Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0092060001
Zoning: ILW
Area Description: Easy access off Sawyer Rd, close to I-75 and US 41
Tenancy: Single Tenant
Number of Stories: 1
Property Condition: Good
Year Built: 1977
Year Renovated: 1998
Roof Type: Flat
Construction/Siding: Block, Concrete
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,620 75,584 154,721
Median Age: 53.11 49.47 50.35
Households: 2,915 35,274 72,095

Contact

Photograph of Listing Agent

Amy Lyon MacDougall

IAN BLACK REAL ESTATE LLC MFCRE Member
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