Commercial Sale Property - Retail in Sarasota
SOLD for $615,000 on April 4, 2022
Listing Price: $625,000Sold Price: $615,000Sold Price/List Price: 98%
Description of Property
Lime Avenue is a changing area on the edge of downtown Sarasota. Rare, large land opportunity near Downtown Sarasota in the fast-emerging Limelight District just North of Fruitville Rd. Here's your chance to build exactly what you need and be close to the heart of the city, while getting in on the ground floor in one of the city's priority districts for new development. This half-acre lot 130' X 170' falls within the Downtown Edge Zone (DTE), allowing for office, retail, residential and many other uses, in a area that's home to a growing mix of galleries, vintage shops and other creative uses. Property is less than a 5-minute drive from downtown Sarasota and Ed Smith Stadium, and about 15 minutes to I-75, with road frontage on the front and rear sides of the property. Current building has a new roof and updated electrical box on the South side of the building. Possible credit for impact fees check with the City of Sarasota.
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Retail
City: Sarasota
County: Sarasota
Subdivision: East Add City Sarasota
Sq. Ft. Gross: 4,447
Sq. Ft. Living Area: 4,447
Cost per (heated) sqare foot: $141
Year built: 1952
Annual Tax: $5,690
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances:
Accessibility Features:
Window Features:
Additional Rooms:
Ceiling Type: Acoustical, Drywall
Flooring: Other
Waterfront Info
Pool Features:
Spa Features:
Water Frontage:
Water Access: Not specified
Water Access Type:
Water View:
Exterior & Construction
Architectural Style:
Construction: Wood Frame
Foundation: Crawlspace, Slab
Roof: Shingle
Exterior Features:
Parking Features: 19 to 30 Spaces
Floors Total: 1
Floors in Unit:
Cooling: None
Heating & Fuel: None
Electric: 200+ Amp Service
Patio & Porch Features:
Security Features:
Other Structures: Other
View:
Fencing:
Sewer: Public Sewer
Water Source: Public
Community Features:
Association Amenities:
Lot Information
Lot Features:
- Central Business District
- City Lot
- Oversized Lot
Lot Size (acres): 0.51
Lot Size (sq. ft.): 22,100 square feet
Road Frontage: Business District, City Street
Adjoining Property: Commercial
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash
Parcel Number: 2028110018
Zoning: DTE
Tax Legal Desc.: S 30 FT OF LOTS 3 4 & ALL OF LOTS 5 6 7 & 8 BLK F EAST ADD TO CITY OF SARASOTA
Listing courtesy of RE/MAX ALLIANCE GROUP. 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.