1093 Central Ave - Industrial FOR SALE


Sarasota, FL 34236
$2,100,000 USD
941-780-6136
1093 Central Ave, Sarasota, FL for Sale
$2,100,000 USD
Industrial - FOR SALE
1/21
null | Request Cap Rate

1093 Central Ave
Sarasota, FL 34236


HIGHLIGHTS

  • Zoned ILW (Industrial Light Warehousing)
  • Future land use: Urban Mixed Use
  • MU-1 allows for 13 units per acre or up to 75 with attainable housing. MU-2 allows 25 units per acre or up to 75 with attainable housing.
  • Opportunity Zone Benefits
  • 5 Overhead Doors - 3 dock high, 2 grade level
  • 28 ft ceiling height clear span

OVERVIEW

Unlock the potential of this highly desirable half-acre property in the heart of Sarasota, perfectly positioned amid a mix of vibrant new developments. Located in an Opportunity Zone, this investment offers significant tax incentives and high growth potential. Currently zoned ILW (Industrial, Light, and Warehousing) with a future land use designation of Urban Mixed Use, the property allows for a variety of development opportunities. From mixed-use residential or retail projects, this parcel is primed for investors or developers seeking to capitalize on Sarasota's rapid growth. Situated on half an acre in a dynamic area of ongoing development. Positioned just off US-41, the property offers unparalleled convenience, being only a minute from the heart of downtown Sarasota and steps from the trendy Rosemary District. Currently zoned ILW (Industrial, Light Warehousing), the property also boasts a future land use designation of Urban Mixed Use, offering incredible flexibility for potential development opportunities.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$249 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

UTILITIES

-

CLEAR CEILING HT

28 Ft

DOCKS

3

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27

LAND SF

11,664

ZONING

ILW

APN/PARCEL ID

2025-13-0038

ASK ABOUT THIS PROPERTY

Diane Lawson, CCIMSVN | Commercial Advisory GroupMore Info
941-780-6136

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Diane Lawson, CCIMSVN | Commercial Advisory GroupMore Info
941-780-6136

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.