$1,299,000

3621 S Tuttle Avenue

SARASOTA FL, 34239

Description

Two PID's--Total Land sq-ft 36,000sf properly Zoned as Commercial Intensive with Room for 80+ Cars. Retail Quick Mart attached w/NNN lease expiring 2021 LOI and NDA required to see anything regarding the business REAL ESTATE, BUSINESS AND ALL FF&E This property consists of two separate PIDs with 2 BUILDINGS total Main 4,614sf block building split/two businesses a Mini Market and the Auto Dealership-w/ 6 CAR Showroom 1 Metal building 3/ car storage with mechanic shop and lift 1 yr left on Mini Market Lease POTENTIAL Auto Sales Annually $6m TO 10m ++ With higher potential PROPERTY HISTORY This property consists of two separate PIDs and the property includes the common area alley to the East of the property over to the Residential Property lines designated by the County Property is part of the South Gate Community (circa 1950s) overlay and should be researched more. The Subject Area is a redeveloping area of Sarasota with homes built in 1950-1970s and the residential areas are going through a huge trend of purchase/rehab for new residents. This area hosts office space, restaurants, high end shopping, and numerous residential units along with residential apartments. Planner stated that the property is well entitled and supports the current Commercial Intensive zoning. Existing NNN Lease on Commercial Market on N side of building. Secured fencing for boats/motor-homes/trailers--There are 14 spaces for parking spots for Commercial Market.

Details

MLS#A4462534
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1963
Days On Site25

Features

SQ Feet4,638
Story(s)1
Units2
ZoningCI

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Area Information

StateFL
CountySarasota
CitySARASOTA
Zip Code34239
Area34239 - Sarasota/Pinecraft
Listing VS Median (in 34239)
Price:
$1,299,000
low | high
Med:
$375,000
100% of Average
SqFt:
4,638
low | high
Med:
1,860
100% of Average
$ / SqFt:
$280
low | high
Med:
$202
78.015346792818% of Average
On Site:
25
low | high
Med:
57
43.859649122807% of Average
Listing Updated: 04/03/2020
MLS Number: A4462534
Listing Provided By:
Scott Lewis  of  EXP REALTY LLC

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