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1670 Main St 11,478 SF Specialty Building Offered at $4,900,000 in Sarasota, FL 34236
Investment Highlights
- Flexible 10,806 SF layout across two levels supports a range of office, retail, or adaptive reuse strategies, allowing for creative repositioning.
- Second-floor configuration with multiple private offices accommodates professional or service-oriented tenancy, enabling diversified income streams.
- Opportunity Zone placement and projected 5.16% household growth within a mile radius position the asset for enhanced long-term appreciation.
- Ground-floor commercial kitchen and a mostly shell interior create strong potential for restaurant, event-driven retail, or specialty concepts.
- Sarasota’s Downtown Core provides direct access to a high-volume commercial corridor, surrounded by established operators and year-round foot traffic.
- Access to Bayfront Park, US-41, US-301, I-75, SRQ Airport, Lido Key, and St. Armands Circle strengthens visibility, accessibility, and tenant demand.
Executive Summary
In Sarasota’s Downtown Core (DTC), 1670 Main Street delivers a rare opportunity to acquire a centrally located commercial asset with meaningful upside in a thriving Florida coastal market. Spanning 10,806 square feet under air across two levels, the property offers structural durability with flexible interior layouts, supporting various office, retail, or adaptive-reuse scenarios. Originally constructed in 1978 with an effective year of 2000, the building features a robust stucco-and-brick façade, reinforcing long-term durability and reducing capital expenditure expectations.
Supporting a mix of administrative office use and specialized infrastructure, the current configuration includes a fully equipped commercial kitchen with natural gas service on the ground floor, as well as various office spaces. The second level offers multiple private offices suited for professional or service-based tenancy. Rear-access parking via Pine Place enhances functionality, supporting daily operations and tenant convenience in a dense urban setting.
Placement along Main Street situates the asset within an active retail corridor surrounded by established operators, including La Mucca Ballerina, Lucile Pizza & Wine Bar, APX Barber Co., and Synovus Bank. Proximity to Bayfront Park, Payne Park, and Marie Selby Botanical Gardens supports consistent pedestrian activity, while connectivity via the Ringling Bridge links the site to Lido Key and St. Armands Circle, an internationally recognized destination that draws more than 2 million visitors annually. Accessibility to US Highway 41, US Highway 301, and Interstate 75 enables efficient regional connectivity to Tampa and Saint Petersburg, strengthening tenant and customer reach.
Favorable macroeconomic indicators amplify the investment thesis. Household growth within a mile radius is projected to increase by 5.16% between 2025 and 2030, signaling sustained demand for commercial services and experiential retail. Positioned within an Opportunity Zone introduces the potential for preferential tax treatment, enhancing after-tax returns for qualified investors. Sarasota/Bradenton International Airport (SRQ) is a 10-minute drive away, reinforcing connectivity for business users and visitors.
Reach out today to learn more about this value-add acquisition with both near-term leasing upside and long-term appreciation potential.
Supporting a mix of administrative office use and specialized infrastructure, the current configuration includes a fully equipped commercial kitchen with natural gas service on the ground floor, as well as various office spaces. The second level offers multiple private offices suited for professional or service-based tenancy. Rear-access parking via Pine Place enhances functionality, supporting daily operations and tenant convenience in a dense urban setting.
Placement along Main Street situates the asset within an active retail corridor surrounded by established operators, including La Mucca Ballerina, Lucile Pizza & Wine Bar, APX Barber Co., and Synovus Bank. Proximity to Bayfront Park, Payne Park, and Marie Selby Botanical Gardens supports consistent pedestrian activity, while connectivity via the Ringling Bridge links the site to Lido Key and St. Armands Circle, an internationally recognized destination that draws more than 2 million visitors annually. Accessibility to US Highway 41, US Highway 301, and Interstate 75 enables efficient regional connectivity to Tampa and Saint Petersburg, strengthening tenant and customer reach.
Favorable macroeconomic indicators amplify the investment thesis. Household growth within a mile radius is projected to increase by 5.16% between 2025 and 2030, signaling sustained demand for commercial services and experiential retail. Positioned within an Opportunity Zone introduces the potential for preferential tax treatment, enhancing after-tax returns for qualified investors. Sarasota/Bradenton International Airport (SRQ) is a 10-minute drive away, reinforcing connectivity for business users and visitors.
Reach out today to learn more about this value-add acquisition with both near-term leasing upside and long-term appreciation potential.
Property Facts
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Moderately walkable
70/100
Fairly drivable
50/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 2027-02-0043 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,969,800 |
Property Taxes
Parcel Number
2027-02-0043
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,969,800
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1670 Main St