Commercial Sale Property - Retail in Sarasota
SOLD for $1,062,500 on March 26, 2021
Listing Price: $1,100,000Sold Price: $1,062,500Sold Price/List Price: 97%
Description of Property
Property includes retail stores directly on US-301/N. Washington Blvd. Also includes free standing building that could be used as an office or retail on 4th street and a vacant parcel that connects everything together. Five Unit Neighborhood Strip Center located on N. Washington Blvd. (US 301) near the intersection of Fruitville Rd. N. Washington Blvd. is one of the busiest North/South thoroughfares in Sarasota with an AADT count of over 42,000 in this area. This plaza is located directly off of US 301 and has plenty of frontage and signage. Currently there are some small neighborhood businesses in place, including the popular new restaurant, The Colombian Point. All units are leased at this time, but tenants are on month-to-month leases to allow for quicker development, if desired. Tenants generally take care of their own space, not a lot of maintenance involved. Also included is the 1,036 SF free-standing building behind the plaza at 2011 4th St and additional parking with the address of 2017 4th St. Downtown Edge (DTE) zoning allows for up to five-story building.
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Retail
City: Sarasota
County: Sarasota
Subdivision: Ogiers John F
Sq. Ft. Gross: 6,272
Sq. Ft. Living Area: 5,236
Cost per (heated) sqare foot: $210
Year built: 1954
Annual Tax: $8,300
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
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Water Access: Not specified
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Exterior & Construction
Architectural Style:
Construction: Block, Stucco
Foundation: Slab
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Floors Total: 1
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Cooling: Central Air
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Lot Information
Lot Features:
Lot Size (acres): 0.24
Lot Size (sq. ft.): 10,272 square feet
Road Frontage: County Road
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Legal Description & Other Information
Parcel Number: 2026090135
Zoning: DTE
Tax Legal Desc.: LOTS 5 & 6 LESS TRAIL ROW A SUB OF N 250.7 FT OF ORIGINAL LOT 24 BLK K PLAT OF SARASOTA
Listing courtesy of SARABAY REAL ESTATE INC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.