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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
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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