Commercial Sale Property - Retail in Sarasota
Listing Price: $1,898,000
Description of Property
Investment opportunity in the Southgate area. 5 tenants. All but one tenant are on Month to Month leases. Income is $9,100.00 monthly +/-. Owner pays real estate taxes, insurance and one water bill monthly. NOI is $78,200.00+/-. Plenty of parking. 20+/- parking spaces. Located on a corner lot on Southgate Circle. No For Sale sign on property. POSSIBLE OWNER FINANCING.
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Retail
City: Sarasota
County: Sarasota
Subdivision: South Gate
Sq. Ft. Gross: 8,883
Sq. Ft. Living Area: 8,883
Cost per (heated) sqare foot: $214
Total Units: 5
Year built: 1960
Annual Tax: $11,169
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances:
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Ceiling Type:
Flooring:
Waterfront Info
Pool Features:
Spa Features:
Water Frontage:
Water Access: Not specified
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Water View:
Exterior & Construction
Architectural Style:
Construction: Concrete, Stucco
Foundation: Slab
Roof: Built-Up
Exterior Features:
Parking Features: 19 to 30 Spaces
Floors Total: 2
Floors in Unit: Two
Cooling: Central Air
Heating & Fuel: Central
Electric: 200+ Amp Service
Patio & Porch Features:
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View:
Fencing:
Sewer: Public Sewer
Water Source: Public
Community Features:
Association Amenities:
Lot Information
Lot Features:
- Central Business District
- Corner Lot
- Near Public Transit
Lot Size (acres): 0.31
Lot Size (sq. ft.): 13,474 square feet
Lot Dimensions: Irregular
Road Frontage: Street Paved, County Road
Front Exposure: South
Adjoining Property: Commercial
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Owner May Carry
Parcel Number: 0057010002
Zoning: CN
Tax Legal Desc.: LOTS 18 & 19 LESS R/W FOR TUTTLE AVE IN OR 2675/153 BLK 28 SOUTH GATE UNIT 9
Section: 32
Range: 18E
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.