Commercial Sale Property - Retail in North Port
Listing Price: $3,104,190
Description of Property
Multi-tenant investment opportunity in Sarasota County with a 5.19% Cap Rate. 100% occupied retail strip building located in North Port. The building is currently split into 6 units but could be further devised into 8 units. The owner's expense sheet and rent roll are attached below. The current Gross Income for this property is $179,801.16. The Net Income is $162,970.22 which puts the property at a 5.25% Cap Rate!





Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Retail
City: North Port
County: Sarasota
Subdivision: Port Charlotte Sub 16
Sq. Ft. Gross: 14,983
Sq. Ft. Living Area: 14,050
Cost per (heated) sqare foot: $221
Year built: 2009
Annual Tax: $13,516
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Waterfront Info
Water Access: Not specified
Exterior & Construction
Construction: Concrete
Foundation: Slab
Floors Total: 1
Cooling: Central Air
Lot Information
Lot Size (acres): 3.21
Lot Size (sq. ft.): 139,827 square feet
Road Frontage: Other
Legal Description & Other Information
Parcel Number: 1122088317
Zoning: NCHI
Tax Legal Desc.: TRACT A, BLK 883, 16TH ADD TO PORT CHARLOTTE, CONTAINING 3.21 AC M/L
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.