2249 Ringling Blvd 750 SF Retail Condo Unit Offered at $442,658 CAD in Sarasota, FL 34237
EXECUTIVE SUMMARY
Rarely available Retail property For Sale. Ideally located in Downtown Sarasota on the highly desirable Ringling Blvd. The property has an ideal open layout suitable for a multitude of users, featuring a storefront entrance, large open rectangular showroom, one bathroom, storage closet, and rear entrance. There is a Tenant in place on an attractive NNN lease. Amazing opportunity to continue to utilize the property as a cash flow producing asset at a healthy Cap Rate, or occupy the space with your own business at the expiration of the lease. Contact agent today for additional information and to schedule a private tour.
PROPERTY FACTS Under Contract
| Price | $442,658 CAD |
| Unit Size | 750 SF |
| No. Units | 1 |
| Total Building Size | 750 SF |
| Property Type | Retail (Condo) |
| Sale Type | Investment or Owner User |
| Floors | 1 |
| Typical Floor Size | 750 SF |
| Year Built | 1955 |
| Tenancy | Single |
| Lot Size | 0.04 AC |
| Zoning | CG - COMMERCIAL, GENERAL |
1 UNIT AVAILABLE
Unit 2249
| Unit Size | 750 SF |
| Price | $442,658 CAD |
| Price Per SF | $590.21 CAD |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Sale Status | Under Contract |
| Cap Rate | 7.54% |
| NOI | $33,392.60 CAD |
DESCRIPTION
Rarely available Retail property For Sale. Ideally located in Downtown Sarasota on the highly desirable Ringling Blvd. The property has an ideal open layout suitable for a multitude of users, featuring a storefront entrance, large open rectangular showroom, one bathroom, storage closet, and rear entrance. There is a Tenant in place on an attractive NNN lease.
Amazing opportunity to continue to utilize the property as a cash flow producing asset at a healthy Cap Rate, or occupy the space with your own business at the expiration of the lease.
Contact agent today for additional information and to schedule a private tour.
NEARBY MAJOR RETAILERS
