Commercial Sale Property - Mixed Use in Osprey
Listing Price: $1,100,000
Description of Property
Premier restaurant ready or any other retail concept flagship space in Bay Street Village and Towncenter located at 3983 Destination Drive, Osprey in Sarasota County. This turnkey 2,030 SF ground-floor anchor space along US-41 is ideal for a restaurant, sushi bar, deli, or specialty dining concept. Fully built out with seating for approximately 150 guests, including indoor and outdoor dining areas. The interior offers a spacious dining room and a central bar designed for efficient, high-volume service. Second-floor space is available separately (elevator accessible) for $700,000 and includes a balcony, additional kitchen and prep areas, storage, a walk-in cooler, and an extra dining or coffee bar area, ideal for private events, memberships, or overflow seating. Both units are easy to be split, providing flexible space options depending on the operator's needs. CG zoning provides flexible commercial use options and strong ROI potential. Restaurant equipment conveys; furniture is available and can be updated to match your concept. The property offers excellent exposure and signage visibility with a prominent entrance tower facing US-41. Located in a thriving, walkable destination surrounded by complementary businesses such as a breakfast and lunch bistro, art galleries, jewelry shops, a spa, a florist, a dentist and coworking spaces. More than 270 new luxury residential units have recently been completed next to the property, bringing strong foot traffic and demand. A rare opportunity to secure a highly visible, revenue-ready space in a growing, high-traffic corridor. Matterport virtual tour, equipment inventory, and floor plans available upon request.
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Mixed Use
City: Osprey
County: Sarasota
Subdivision: Phase 1 Of Bay Street
Sq. Ft. Gross: 2,030
Sq. Ft. Living Area: 2,030
Cost per (heated) sqare foot: $542
Year built: 2008
Annual Tax: $5,658
Condo Fee: $3,083 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Accessibility Features: Accessible Entrance
Ceiling Type: Acoustical
Ceiling Height: 10 to 15 Feet
Flooring: Tile
Waterfront Info
Exterior & Construction
Construction: Stucco
Foundation: Slab
Parking Features: Common
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric: 3 Phase
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Water Source: Public
Community Features: Sidewalks
Lot Information
Lot Size (acres): 0.37
Lot Size (sq. ft.): 16,302 square feet
Road Frontage: Divided Highway
Adjoining Property: Residential
Legal Description & Other Information
Parcel Number: 0147022005102
Zoning: CG
Tax Legal Desc.: UNIT A-2.15, PHASE 1 OF BAY STREET COMMERCIAL CONDO
Section: 10
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.