100 N Washington Blvd.

Office for Sale
Catylist Listing ID: 30811568
Property Subtypes: Office Building
Building Size (RSF): 9,357 SF
Gross Building Area: See Agent
Sale Price: $3,400,000
Unit Price: $363.36 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/10/2023

Overview / Comments

With a major mixed-use redevelopment underway nearby directly at 1991 Main St. that will bring 400-plus apartments and new commercial space – including a high-end grocer and a food hall – this part of Downtown is undergoing a huge revitalization! 100 N. Washington Blvd. represents a great chance to have an office within a stone's throw of this soon-to-be hotspot. The three-story building features 9,357 square feet and also is ideal for a law firm or related entity, as it is within a short walking distance to the Sarasota Clerk of Court, the Lynn Silvertooth Judicial Center, Sarasota Police Department Headquarters, Sarasota County Jail complex and the Sarasota County Terrace Building. The first floor currently has two short-term tenants, while the second and third floors have been occupied by Grain Management as a regional headquarters. The spaces are very well appointed and will be vacated upon the building's sale. A large portion of the furniture, however, could remain.

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Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 2026160092
Property Located Between: US 301 and Main Street
Property Visibility: Excellent
Highway Access: US 301
Airports: Sarasota-Bradenton International Airport
Area Description: Located along US 301 between Main Street and Fruitville Road, this office building is well located in the core of downtown and surrounded by great restaurants, retail, other professional offices and governmental institutions. The building is located directly across from the Hollywood 11 Movie Theater, Main Plaza and a new mixed-use development at 1991 Main St. The property also has great visibility, with 150 feet of frontage along US 301 (North Washington Boulevard) and an AADT of over 31,000 cars.
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 2000
Parking Type: Surface
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Lot Frontage: 150.0
Lot Depth: 108.2
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,403 84,505 169,850
Median Age: 41.53 44.86 47.89
Households: 6,284 37,524 77,680
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