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Gelfand Realty Miami Properties - Retail

2143 12TH, SARASOTA, FL 34237

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Retail -

2143 12TH, SARASOTA, FL 34237

Sold Price$475,000 Asking Price$530,000

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  • Days on market:

    161 day(s)
  • Original Price:

    $595,000
  • Price per sqft:

    $76.26
  • Tax Legal Description:

    LOTS 9 11 & 13 LESS RD R/W FOR TWELFTH ST DESC IN OR 2287/2907 BLK F ROSELAND PARK 1ST ADD, CORRECTIVE ORI 2007078640
  • Tax Year:

    2016
  • Property Type:

    Retail
  • Parking:

    13 to 18 Spaces
  • Construction Type:

    Block
  • Roof:

    Flat
  • Cooling Description:

    Wall/Window Unit(s)A/C - Office Only
  • Heating Description:

    CentralWall Units / Window Unit
  • Floor Description:

    CarpetConcrete
  • Special Listing Conditions:

    None
  • Lot Features:

    SidewalkCity Lot Near Public Transit Neighbourhood

Description

$530,000 • living size area 6950 sqft

Highly visible building directly fronting 12th street. one block east of us 301 only minutes to downtown sarasota. currently the property consists of 2 tenants and the property owner. perfect investment for an owner user with additional rental income. the main tenant is a fire and safety company that occupies 3,864 square feet. their lease runs through may 31st 2019 with no renewal options. the other tenant is a sign company that pays month to month. owner will stay for an additional 12 months for a discounted price of $10,000 in lieu of paying rent. very solidly built structure with seven 8 foot overhead warehouse loading doors and 1,900 sf of air conditioned office in the front entry. additional 500 sf of office in the rear of the building that could be leased separately or combined with a 1200 sf warehouse. 3 phase on the utility pole and available to be run to the building. **tenant has a 10 day right of first refusal to purchase the building but has already indicated they are not exercising this option. broker commission is protected either way.

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