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Executive Summary
This offering presents a rare opportunity to acquire three contiguous parcels totaling 134,530 SF (±3.09 acres) at the signalized intersection of 17th Street and East Avenue — one of North Sarasota's most heavily trafficked commercial corners. The assemblage includes eight buildings totaling 30,130 SF of flexible industrial and retail showroom space, giving a buyer scale, frontage, and optionality rarely available in this submarket.
The value-add opportunity lies in the current rent roll: tenants are leased well below market, predominantly on month-to-month or short-term terms. A new owner can mark rents to market as leases roll, add disciplined property management, and capture a substantial near-term lift in cash flow — with minimal downtime given the diversified, multi-tenant mix across eight buildings and three parcels.
The value-add opportunity lies in the current rent roll: tenants are leased well below market, predominantly on month-to-month or short-term terms. A new owner can mark rents to market as leases roll, add disciplined property management, and capture a substantial near-term lift in cash flow — with minimal downtime given the diversified, multi-tenant mix across eight buildings and three parcels.
Property Facts
| Price | $6,500,000 | Number of Properties | 8 |
| Price / SF | $213.51 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 30,444 SF |
| Status | Active | Total Land Area | 16.24 AC |
| Price | $6,500,000 |
| Price / SF | $213.51 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 8 |
| Individually For Sale | 0 |
| Total Building Size | 30,444 SF |
| Total Land Area | 16.24 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1612-1618 N East Ave, Sarasota, FL 34237 | Industrial | 9,100 SF | 1960 | - |
| 2100 17th St, Sarasota, FL 34234 | Industrial | 4,410 SF | 1957 | - |
| 1602 N East Ave, Sarasota, FL 34237 | Industrial | 3,834 SF | 1957 | - |
| 2136 17th St, Sarasota, FL 34234 | Industrial | 3,500 SF | 1962 | - |
| 2120 17th St, Sarasota, FL 34234 | Industrial | 3,000 SF | 1957 | - |
| 2114 17th St, Sarasota, FL 34234 | Industrial | 2,500 SF | 1965 | - |
| 2128 17th St, Sarasota, FL 34234 | Industrial | 2,500 SF | 1962 | - |
| 2148 17th St, Sarasota, FL 34234 | Industrial | 1,600 SF | 1957 | - |
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17th and East Avenue Sale



