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Sarasota main 1993 Main St 104,506 SF 100% Leased Retail Building Sarasota, FL 34236 For Sale
INVESTMENT HIGHLIGHTS
- Most Visible Corner in Downtown Sarasota
- Excellent Covered Land Opportunity in Downtown Sarasota
- Superior Ingress & Egress
EXECUTIVE SUMMARY
Call for Offers by June 22
Downtown Sarasota |Opportunity Zone 3.25 acre
Excellent covered land opportunity in downtown Sarasota. Premier Mixed-Use Development Opportunity in Downtown Sarasota. All or part of the site available for purchase. The entire parcel is 3.25 acres. There is a 1.25 acre site on the northern end of the site for immediate development. the site can house a hotel, condominium, office, retail, or combination for mixed use development. The remaining 2 acre site houses about 75,000 s/f of building area and generates $1.55 million in annual revenue. Excellent land bank opportunity.
Easement for use of 211 parking spaces in the adjacent garage.
Frontage on Main Street, US-301, and visibility on Fruitville Rd. 20 ft wide sidewalks being added to Main Street in front of the building. Surrounded by redevelopments and new constructions projects. Heavy, daily auto and pedestrian traffic. Superior ingress and egress with access to 4 lighted intersections.
Downtown Sarasota |Opportunity Zone 3.25 acre
Excellent covered land opportunity in downtown Sarasota. Premier Mixed-Use Development Opportunity in Downtown Sarasota. All or part of the site available for purchase. The entire parcel is 3.25 acres. There is a 1.25 acre site on the northern end of the site for immediate development. the site can house a hotel, condominium, office, retail, or combination for mixed use development. The remaining 2 acre site houses about 75,000 s/f of building area and generates $1.55 million in annual revenue. Excellent land bank opportunity.
Easement for use of 211 parking spaces in the adjacent garage.
Frontage on Main Street, US-301, and visibility on Fruitville Rd. 20 ft wide sidewalks being added to Main Street in front of the building. Surrounded by redevelopments and new constructions projects. Heavy, daily auto and pedestrian traffic. Superior ingress and egress with access to 4 lighted intersections.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Building Size
104,506 SF
Building Class
B
Year Built
1997
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.74
Lot Size
3.25 AC
Opportunity Zone
Yes
Zoning
DTC - Downtown Core
Frontage
544’ on US 301
AMENITIES
- Banking
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $730,300 | |
| Land Assessment | $1,530,200 | Total Assessment | $11,832,480 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,530,200
Improvements Assessment
$730,300
Total Assessment
$11,832,480
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Sarasota main | 1993 Main St
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