2 Adjoining Commercial Units in Strip Center

Retail-Commercial for Sale
Catylist Listing ID: 30649215
Property Subtypes: Mixed Use
Condo? Yes
Building Size (RSF): 1,240 SF
Sale Price: $190,000
Property Use Type: Investment
Building Name: Tallywood Centre
Usable Size (USF): 1,240 SF
Sale Terms: Cash to Seller
Cap Rate: 6.5%
Average Occupancy Rate: 100
Last Updated: 9/30/2020

Overview / Comments

2 side by side 620 sq ft units, currently rented on a month to month basis for $800 per month and $750 per month respectively. Each unit offers 1 bath with the remainder as work area. Longer leases are possible. These two units are 2 of 20 in Tallywood Centre. Access to all units is on the East end of the complex as it is a one way drive way. Do NOT disturb the tenants. CAM charges for both units run at under $400 per month and Taxes for both units are $2,053.00 per year. For more information call Peggy Wellman 941-374-0811 co-lister of the property.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota County
Tax ID/APN: 2022012014, 2022012015
Is Condo?: Yes
Zoning: CN
Retail Clientele: General
Property Located Between: Lockwood Ridge and Beneva Roads
Largest Nearby Street: Fruitville Road
Highway Access: I-75
Airports: SRQ
Site Description: Strip Center
Area Description: Retail Shops
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 620 SF
Property Condition: Average
Year Built: 1985
Roof Type: Flat
Construction/Siding: Wood Siding
Total Parking Spaces: 2
Parking Type: Surface
Parking Description: First come first serve
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Other
Internet Access: Cable
Interior Description: 1 bath in each unit
Zoning Description: CN - Commercial Neighborhood
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Unit 14 & Unit 15 of Tallywood Centre

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,340 94,358 187,109
Median Age: 43.38 45.83 47.23
Households: 5,364 42,224 83,639

Contact

Photograph of Listing Agent

Dan J Page

MICHAEL SAUNDERS & COMPANY
MFCRE Member
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