Ringling Professional Ctr 220F Office Condo

Office for Sale
Catylist Listing ID: 30648483
Property Subtypes: Business Park
Condo? Yes
Building Size (RSF): 635 SF
Sale Price: $129,000
Ceiling: 8 ft.
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: Ringling Professional Center 220F
Class of Space: Class B
Usable Size (USF): 635 SF
Core Factor: 99%
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 10/11/2020

Overview / Comments

Own your space, building your brand. Fabulous opportunity to own your office suite.This 2nd floor office is compartmentalized into a reception area, large office or conference room, 2 smaller offices with adjacent balcony views and 2 private bathrooms. The numerous windows and sliding doors bathe the interior with lots of natural light. The office suite is located on the second floor of building F on the 3.35 acre Ringling Professional campus. The office community consists of six separate buildings with 45 privately owned offices. Unit 220F is one of the 45 offices. The Ringling Professional Center is sandwiched between Fruitville Road (ST RD 780) and Ringling Blvd. Both roadways provide significant access in all directions to points of interest throughout Sarasota county. Built in 1981 the Ringling Professional campus has become a visual landmark which is advantageous to your business and branding. It is easily findable. Private showings are available, all persons attending must wear face masks per NAR's covid guidelines.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Submarket/Township: Sarasota CBD
Submarket Type: Central Business District
Taxing Authority: City of Sarasota
Tax ID/APN: 2031-04-1044
Is Condo?: Yes
Zoning: OPPORTUNITY ZONE COMMERCIAL NEIGHBORHOOD
Property Located Between: Tuttle and Robarts Arena / Ringling Blvd and Fruitville Road
Property Visibility: Excellent
Highway Access: Fruitville Road and Ringling Blvd
Airports: Sarasota Bradenton International Airport or Tampa International
Site Description: Private 2nd floor office condo suite building F on the Ringling Professional campus. Ringling Professional campus is 3.35 acres with six separate buildings consisting of 45 independently owned office suites.
Area Description: Fruitville Rd (St RD 780) frontage which is a major road from the Sarasota Downtown Bayfront east to rural Myaaka City. Easy access to downtown Sarasota north/south access roads and I 75. A great location to think, plan and work.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 635 SF
Year Built: 1981
Roof Type: Hip
Construction/Siding: Block, Stucco
Exterior Description: Stucco cement based masonry walls, hip with some gable roof. Roof cover: Metal, Galvanized.
Parking Ratio: 3 (per 1000 SF)
Parking Type: Surface
Parking Description: Open parking
Total Parking Spaces: 3
Passenger Elevators: 1
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Other
Interior Description: Efficient interior space with reception area, small waiting area, 2 offices similar size and 1 larger office/conference area. Two private restrooms and 2 private balconies. Nice floor plan and room flow.
Zoning Description: CN/Commerical Neighborhood Opportunity Zone
Water Service: Municipal
Sewer Type: Municipal
Easements Description: Condo
Land Ownership: Condominium
Legal Description: Unit 220 Ringling Professional Center Phase 3

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,576 95,906 181,276
Median Age: 41.33 45.72 47.39
Households: 6,397 42,855 82,109

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