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4 Building Office/Medical Park 205 Montgomery Ave 4,976 SF 75% Leased Office Building Sarasota, FL 34243 $1,200,000 ($241.16/SF)
Investment Highlights
- 50% Leased
- 4 Standalone Office Units
- Excellent Visibility
Executive Summary
Available for sale near the Sarasota-Bradenton International Airport with high visibility right off US-41 is a four unit office complex totaling 4,976SF, this property presents an excellent investment or owner-user opportunity.
Each office building features an open entrance/reception area, partitioned offices of different sizes, restrooms, and more. These beautiful office spaces offer convenient location directly off of US-41, excellent visibility, and a perfect space for a professional office or medical practice.
Three of the four units are leased and producing income, while Building 3 (1,228 SF) is available — Great for an investor or an ideal home base for an owner-user who can let the three leased units offset much of the ownership cost. Standalone design, strong street visibility off US-41, and airport proximity suit office and medical users alike.
Each office building features an open entrance/reception area, partitioned offices of different sizes, restrooms, and more. These beautiful office spaces offer convenient location directly off of US-41, excellent visibility, and a perfect space for a professional office or medical practice.
Three of the four units are leased and producing income, while Building 3 (1,228 SF) is available — Great for an investor or an ideal home base for an owner-user who can let the three leased units offset much of the ownership cost. Standalone design, strong street visibility off US-41, and airport proximity suit office and medical users alike.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
4,976 SF
Building Class
B
Year Built
1986
Price
$1,200,000
Price Per SF
$241.16
Percent Leased
75%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,976 SF
Building FAR
0.24
Lot Size
0.47 AC
Zoning
PRS/WR/AI, County - public/institutional land use designation with water resource and airport impact overlay restrictions in unincorporated Sarasota County
Parking
12 Spaces (2.41 Spaces per 1,000 SF Leased)
Amenities
- Fully Carpeted
- Natural Light
- Partitioned Offices
- Reception
- Recessed Lighting
- Drop Ceiling
- Wi-Fi
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Fl-Ste Building 3
- 1,228 SF
- Office
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste Building 3 | 1,228 SF | Office | - | Now |
1st Fl-Ste Building 3
| Size |
| 1,228 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 67151-0005-0 | Improvements Assessment | $5 |
| Land Assessment | $5 | Total Assessment | $10 |
Property Taxes
Parcel Number
67151-0005-0
Land Assessment
$5
Improvements Assessment
$5
Total Assessment
$10
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