Commercial Sale Property - Office in North Port
SOLD for $425,000 on November 16, 2021
Listing Price: $400,000Sold Price: $425,000Sold Price/List Price: 106%
Description of Property
Investment opportunity in Sarasota County with a 7.27% Cap Rate. This building is split into 3 - 925 SF units. The 3 tenants at this building are Worksite Financial, Priority Transit, and DBJ Enterprises. Less than 2 miles from I-75. Freestanding office condominium building located in Toledo Blade Professional Center, off of Toledo Blade Blvd. Located among other small professional and medical offices. 7.26% Cap Rate Gross income $42,180.00 Net Income $29,083.94 3 - 925 SF units Multi-tenant investment opportunity
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Office
City: North Port
County: Sarasota
Subdivision: Toledo Blade Prof Center
Sq. Ft. Gross: 2,775
Year built: 2006
Annual Tax: $4,767
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
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Waterfront Info
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Water Access: Not specified
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Exterior & Construction
Architectural Style:
Construction: Concrete
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): 6.76
Lot Size (sq. ft.): 294,345 square feet
Road Frontage: Other
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Legal Description & Other Information
Parcel Number: 0962011011
Zoning: PCDN
Tax Legal Desc.: BLDG 11, TOLEDO BLADE PROFESSIONAL CENTER BLDG 11, 12 & 13
Listing courtesy of COLDWELL BANKER REALTY. 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.