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The number of Investors entering into a Purchase and Sale Agreement for Office Buildings is growing exponentially. These acquisitions are anticipated to continue in Florida. We read this based on the fact of the population growing all across the State of Florida.
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This subject Office Property below is now Off-Market. However it can be used as an example for the opportunities which are available from the Florida inventory.
Florida Showrooms – Offices – Warehouses
Sarasota Office Property
- Price was approximately $5,500,000
- Building Size: 137,000 SF
- Price per SF: $71.15
- Property Type: Retail
- Property Sub-type: Free Standing Bldg
- Additional Sub-types:
- Office-Warehouse
- Specialty Center
- Property Use Type:
- Vacant – Owner-User
- No. Stories: 2
- Year Built: 1968
- Lot Size: 3.55 AC
Florida Investment Property Highlights
- One Elevator to Mezzinine
- Building Well Maintained
- Over 200 Parking Spaces
- Trucks and Forklift Equipment Negotiable
- Owner May Consider Financing
- Additional Parcel included is Finished Parking Lot
Description of Office Buildings For Sale
Attractive 130,000+ gross SF bldg that houses an upscale Furniture store on 2.0 Acre. 70,000+ SF Showroom, 7,000+ SF of Offices; 53,100+ SF of Warehouse space with 8 loading docks in rear of bldg; One overhead door at ground level; and 1 Receiving loading dock on SW corner of building. Two levels to this building with a beautiful Mezzanine in the Showroom area. 1 Elevator in retail area. Also included in sale is 3.65 Acres of useful parking area.
The Owner was retiring after 65 years and closing the business. The Property Seller did consider Sale Financing and Leasing. Total 2015 Property Taxes for both parcels was about $93,729. It was Sold As-Is with the Right to Inspect.
This Investment property was located in a heavy traffic area on the west side of US41 / Tamiami Trail with 275 Ft of road frontage. it had cross easements for ingress and egress. Also the back of building fronted on Phillippi Shores Drive. Within 3 miles to south bridge on to the beautiful Siesta Key and sandy beaches.
5252 S Tamiami Trail, Sarasota, FL 34231 (Sarasota County)
This information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Also this current information is provided for consumer personal, solely to identify potential properties for potential purchase.