Catylist ID:
#30834284
| Catylist Listing ID: | 30834284 |
| Property Subtypes: | Free-Standing Building, Restaurant |
| Building Size (RSF): | 3,574 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 30,035 SF |
| Sale Price: | $2,300,000 |
| Unit Price: | $643.54 PSF |
| Property Use Type: | Vacant/Owner-User |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 6/1/2023 |
Overview / Comments
|
Price Reduced! One of the only properties for sale located along South Tamiami Trail at this time! This property is currently operating as Stiks restaurant however the operators will not be continuing at this location following the sale. The building is 3,574 gross SF sitting on 0.69 acres of land. Fully operating kitchen if another restaurant group wants to take over or could be redeveloped for another commercial use for this great location. There is ample parking on site with access off of both Tamiami Trail and Pine Terrace. Owner previously started the process of adding on a drive thru to the north side of the property which could most likely be continued by new Owner. Well located property along the South Trail Over 112 feet of frontage along US 41 Great signage and visibility Ample parking and access off of both US 41 and Pine Ter |
Attachments & Media
Additional Details
| Nearest MSA: | North Port-Sarasota-Bradenton |
| County: | Sarasota |
| Tax ID/APN: | 0075050001 |
| Zoning: | COMMERCIAL GENERAL |
| Property Located Between: | US 41 and Pine Terrace |
| Property Visibility: | Excellent |
| Largest Nearby Street: | US 41 |
| Feet of Frontage: | 112 |
| Highway Access: | US 41 & I-75 |
| Airports: | Sarasota - Bradenton International Airport |
| Area Description: | This property fronts along S Tamiami Trl (US 41) at the intersection of Pine Terrace. The lot has over 112 feet of frontage along the South Trail with great signage and visibility. There is access off of both South Tamiami Trl and Pine Terrace to assist with traffic flow. ADT of over 47,500 along the Trail at this intersection. |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Year Built: | 1976 |
| Year Renovated: | 2015 |
| Total Parking Spaces: | 44 |
| Parking Type: | Surface, Other |
| Parking Description: | 29 surface parking spaces |
| Heat Type: | Electricity |
| Heat Source: | Central |
| Air Conditioning: | Engineered System |
| Lot Frontage: | 112 |
| Lot Depth: | 244 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 10,463 | 73,014 | 157,146 |
| Median Age: | 49.41 | 51.46 | 49.36 |
| Households: | 5,047 | 35,515 | 73,715 |
Contact
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