Prime downtown Sarasota location! This 5,795 sq. ft. commercial building on a 0.12-acre lot offers unmatched potential for business owners and investors seeking a presence in one of the most vibrant areas of the city. The property features a new roof completed in 2023, giving peace of mind and reducing… Read More near-term capital expenses. The current zoning allows for a wide range of commercial uses and provides the potential for vertical development of up to 18 stories, subject to site limitations, approvals, and buyer due diligence. While the current lot size may affect what can be built, this flexibility in zoning makes the property a valuable long-term investment opportunity. The property is positioned in one of the most desirable and walkable sections of downtown Sarasota. Just a few doors down from the Sarasota Opera House, minutes from the Van Wezel Performing Arts Hall, Bayfront Park, and Sarasota’s renowned waterfront. The location also provides quick access to Ringling College of Art & Design and the Ringling Museum, making this a central hub for arts, culture, and commerce. St. Armands Circle, Lido Key, and Sarasota-Bradenton International Airport are all a short drive away. Downtown Sarasota continues to experience strong growth, with new luxury residences, hotels, dining, and retail creating unmatched energy in the area. Owning property here positions investors to benefit from Sarasota’s continued expansion as a top destination for both visitors and residents. Read Less
Courtesy of DALTON WADE INC 888-668-8283
Listing Snapshot
Days Online
9
Last Updated
Property Type
Mixed Use
Square Ft.
5,795
Lot Size
0.12 Acres
Year Built
1960
MLS Number
C7515148
30 Days Snapshot Of 34236
$1.82M
-17%
(avg) sold price
20
+11%
homes sold
107
+13%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Living Area Meters: 538.37, Total Number of Buildings: 1, Building Area Total: 5795, Building Area Units: Square Feet, Construction Materials: "Concrete", "Stone", Living Area: 5795, Stories Total: 1, Year Built: 1960
Lot
Lot Size Square Meters: 488, Total Acreage: 0 to less than 1/4, 0.12 acres, 5250 square feet
Listings courtesy of Stellar MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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