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40 S Blvd of Presidents
Sarasota, FL 34236
St. Armands Circle · Property For Lease

Highlights

  • Join the leisurely boutique St. Armand's Circle surrounded by a wealth of culture, luscious vegetation, and contemporary architecture.
  • Luxurious surroundings with neighboring yacht clubs, hotels, and and a nine-minute walk to public beach access.
  • Heavy foot traffic with $136,000 average household income and consumer spending on $68.3 million annually within a one-mile radius.
  • Highly desirable corner lot with three fronts, providing great exposure, and easy parking for customers with more than 362 spaces in a block radius.

Property Facts

Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 10,000 SF
Year Built 1964
Parking Ratio 36.2/1,000 SF

About the Property

"This property offers outstanding potential for a variety of businesses, thanks to its versatile layout and prime location. Ideal for a spacious restaurant, bank branch, pharmacy, corporate headquarters, luxury apartments, and more, this prime real estate is situated on the prestigious St. Armands Circle, known as the jewel of Florida's west coast."IMPORTANT Turnkey $120,000 This is an "N" contract, (First floor)you only pay the rent, your services such as water, electricity, garbage, hood and grease trap maintenance, as well as the equipment that is on the property, in addition to your permits and necessary insurance, and everything that you require for the particular operation of your business. We pay the maintenance of all air conditioners, alarm system and property taxes. The space is equipped with a 4COP full liquor license, fire sprinkler system, elevator. You can put 9 tables outside in front of the restaurant and 11 more tables on the side. (with the city permit) The inside has room for more than 175 seats, outside 80 more. First floor contains some equipment like bar fridges, hood, some kitchen Tables, stove, walk-in cooler, hot line, osmosis water filters, 2 high technology water heaters, dishwasher tables and more. In the back of the restaurant there is a parking place for loading and unloading. It is one of the best located corners of the island, and many hotel shuttles will unload their guests right on that corner. You can also rent an office on the second floor for the administration of your business. we have various sizes.Prominently positioned on the Boulevard of the Presidents, we have available the first floor with 4374 sf in a wonderful building, this two-story, 10,000-square-foot building ("Take advantage of a fantastic opportunity to lease the entire property for just $51,000 per month, NNN." ) features brick construction with a fire sprinkler system in two stories. 40 S Boulevard of the Presidents offers a unique opportunity for a new tenant to be a part of the charm and history of St Armand's Key in Sarasota, Florida. The ground floor availability is a highly desirable corner space, formerly a restaurant and has prime visibility, indoor and outdoor seating, and some restaurant equipment. In case your business is a Restaurant, 40 S Boulevard of the Presidents is currently the second-largest restaurant in the area. the interior zone has a capacity for 175 people and in the exterior part 80 additional people for a total capacity of 255 people. just the exterior cafe zone is 1060 SF for a total of 5,434 sf for service. It features a plethora of parking options, including general parking in the front and back of the building with 56 parking spaces in front, 60 spaces on the right side, and a parking lot with a capacity of 246 vehicles located just one block away. Additional parking for loading and unloading is located at the rear of the building. Situated on one of the best corners of the island, 40 S Boulevard of the Presidents receives prime exposure and foot traffic from shoppers and the many hotel shuttles that unload their guests on this corner. Located in St. Armand's Circle in Sarasota, 40 S Boulevard of the Presidents sits in a thriving market with strong consumer spending, gorgeous architecture, and cosmopolitan dining and nightlife. The Sarasota retail market is the largest in Southwest Florida as retailers have flocked to the region in recent years, looking to tap into a rapidly growing population base. this area is the jewel of west florida and there are businesses with more than 60 years of success. Take advantage of exceptional visibility and a sought-after destination in Sarasota at 40 S Boulevard of the Presidents. Having a site available for your business in St Armands is like winning the lottery.

  • 24 Hour Access
  • Corner Lot
  • Restaurant
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Listing ID: 24206464

  • Date on Market: 10/1/2021

  • Last Updated:

  • Address: 40 S Blvd of Presidents, Sarasota, FL 34236

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