Commercial Sale Property - Office in Sarasota
Listing Price: $355,000
Description of Property
Medical office condominium for sale near downtown Sarasota, ideally located in close proximity to Sarasota Memorial Hospital and a concentration of established medical practices. This well-positioned commercial condo is fully leased through February 2031 and offers an attractive cap rate of nearly 9%, making it a compelling investment opportunity. The 1274 sq ft interior has been recently updated, and the building is professionally maintained, including a complete roof replacement. Ample on-site parking is available to accommodate both staff and clients. This property presents a stable, long-term income opportunity in a highly desirable medical corridor.
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Office
City: Sarasota
County: Sarasota
Subdivision: Medical Complex The
Sq. Ft. Gross: 1,274
Sq. Ft. Living Area: 1,274
Cost per (heated) sqare foot: $279
Year built: 1977
Annual Tax: $3,641
Condo Fee: $732 Monthly
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Ceiling Type: Acoustical
Ceiling Height: 8 to 9 Feet
Waterfront Info
Exterior & Construction
Construction: Concrete
Foundation: Slab
Parking Features: Common
Floors Total: 1
Floors in Unit:
Cooling: Central Air
Heating & Fuel: Heat Pump
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Water Source: None
Lot Information
Road Frontage: City Street
Front Exposure: Undetermined
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 2035011019
Zoning: OPB
Tax Legal Desc.: UNIT 302 THE MEDICAL COMPLEX
Section: 29
Range: 18E
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.