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The Subject parcels are in a re-developing area of Sarasota with homes built in 1950-1970’s. This area is 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 commercial apartments. This is a high traffic area near a very well known intersection. This property consists of two separate PID’s 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 1950’s) overlay. Per Sarasota County Zoning, Commercial Intensive (CI) permits most any Commercial trade and includes an allowance for a Manager/Rental Apartment/Mixed Use. These uses include some of the following, but not all, retail, automotive sales, laundry/dry cleaning. Current tenant rental- Market is on a month to month. Auto Dealership and Storage Lot are owners. Owner is open to any and all offers.
Fenced Storage 11,125sf
Outbuilding---750sf
Paved Area - 15,565sf
CREXI link here: https://www.crexi.com/properties/824659/high-volume-traffic-area-retail-commercial-intensive
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