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Investment Highlights

  • Direct frontage on US-301/N. Washington Blvd.
  • Located within the Newtown CRA redevelopment district. IG – Industrial General zoning
  • 2 tenant spaces
  • Minutes from Downtown Sarasota

Executive Summary

Prime redevelopment and investment opportunity located directly on US-301/N. Washington Blvd., one of the busiest commercial corridors in Sarasota County, within the rapidly transforming Newtown Community Redevelopment Area. Positioned just minutes from Downtown Sarasota, this IG-zoned (Industrial General) property offers approximately 4,600 SF currently configured into two income-producing units with existing rental income in place.
The property benefits from exceptional visibility, strong daily traffic counts, and increasing redevelopment activity throughout the surrounding corridor. This strategic location creates a unique opportunity for investors, owner-users, or developers seeking both immediate cash flow and long-term appreciation potential in one of Sarasota’s evolving commercial districts.
The existing layout allows for flexible industrial, warehouse, flex-space, office, showroom, or service-oriented uses, while the redevelopment designation and IG zoning create additional future value-add potential.
Property highlights include:
• Direct frontage on US-301/N. Washington Blvd.
• Located within the Newtown CRA redevelopment district
• IG – Industrial General zoning
• Approximately 4,600 SF divided into two tenant spaces
• Strong traffic exposure and visibility
• Minutes from Downtown Sarasota
• Opportunity for investment hold, owner-user occupancy, or future redevelopment
Buyer to verify all measurements, zoning, permitted uses, and redevelopment opportunities independently.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
4,654 SF
Building Class
B
Year Built
1961
Price
$1,600,000
Price Per SF
$343.79
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
0.31 AC
Opportunity Zone
Yes
Zoning
ILW - Industrial General District. Newtown Redevelopment Area.
Parking
26 Spaces (5.59 Spaces per 1,000 SF Leased)
Frontage
140’ on WASHINGTON

Amenities

  • Pylon Sign
  • Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

United Rentals
CrossFit
Publix

Property Taxes

Property Taxes

Parcel Number
0043-12-0007
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$508,043
  • Listing ID: 40568243

  • Date on Market: 5/18/2026

  • Last Updated:

  • Address: 1860 N Washington Blvd, Sarasota, FL 34234

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