Commercial Sale Property - Retail in Sarasota
Listing Price: $6,300,000
Description of Property
331 John Ringling Blvd, a prime retail investment opportunity and the home of Everything but Water on world renowned St Armand's Circle in Sarasota, FL. This 3,554 SF building is completely renovated, and is currently 100 percent leased by two national tenants making it an attractive prospect for retail investors. With its prime location and annual increases in lease rates, this property offers excellent return on capital.
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Retail
City: Sarasota
County: Sarasota
Subdivision: Saint Armands Div John Ringling Estates
Sq. Ft. Gross: 3,554
Sq. Ft. Living Area: 3,775
Cost per (heated) sqare foot: $1,669
Total Units: 2
Year built: 1952
Annual Tax: $40,502
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Waterfront Info
Exterior & Construction
Construction: Concrete
Foundation: Block
Floors Total: 2
Cooling: Central Air
Lot Information
Lot Size (acres): 0.07
Lot Size (sq. ft.): 3,125 square feet
Road Frontage: City Street
Legal Description & Other Information
Parcel Number: 2014050137
Zoning: CT
Tax Legal Desc.: LOT 17, BLK 8, ST ARMANDS DIVISION, OR 2105/1311
Section: 26
Range: 17E
Listing courtesy of SVN COMMERCIAL ADVISORY 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.