Downtown Warehouse

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30192144
Property Subtypes: Light Industrial, Warehouse/Distribution
Status: Pending/Contingent
Building Size (RSF): 12,240 SF
Gross Building Area: 13,740 SF
Gross Land Area: 30,000 SF
Sale Price: $725,000
Unit Price: $59.23 PSF
Ceiling: 40 ft.
Docks/Doors: 6 Doors
Property Use Type: Vacant/Owner-User
Usable Size (USF): 12,240 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/27/2018

Overview / Comments

Great location in the path of all the new construction going on Downtown. Approx. 3/4 of an acre with 3–4000 sq. ft. buildings side by side. Also has large fenced area partially in front, around north side lot and completely fenced back area. City states it is in the Downtown Enterprise zone with special permitting cost for new development. Call the City of Sarasota for details. This property is prime for future development and has Bay water views if you go up over 2 stories. Us 41 and the Bay are approx. 2 block west of this site. Buy now and rent for income while the developments comes to you.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota
Tax ID/APN: 2025060004
Zoning: I
Property Located Between: 10th and 14th street on Central Ave.
Highway Access: Us 41 within 2 blocks
Airports: SRQ
Site Description: Level and partial paved. Large fenced in area completely around building.
Area Description: In the Downtown Enterprise Zone.
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 1
Typical SF / Floor: 12,000 SF
Property Condition: Fair
Year Built: 1951
Year Renovated: 1970
Roof Type: Domes
Construction/Siding: Metal Siding
Exterior Description: 2 Butler building and 1 quaonset style buildings
Parking Type: Surface
Parking Description: Paved and shell lots
Sprinklers: None
Lighting: Fluorescent
Zoning Description: I-Industrial
Lot Frontage: 150
Lot Depth: 200
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: N 1/2 OF LOT 5 & ALL OF LOT 6 CITY INDUSTRIAL SUB

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,227 68,280 160,509
Median Age: 40 44.71 48.09
Households: 6,219 30,087 73,183
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