1215 N Palm Ave - Office FOR SALE


Sarasota, FL 34236
$1,650,000 USD
941-957-3730
1215 N Palm Ave, Sarasota, FL for Sale
$1,650,000 USD
Office - FOR SALE
1/20
null | Request Cap Rate

1215 N Palm Ave
Sarasota, FL 34236


HIGHLIGHTS

  • 2-story building for sale in the heart of Downtown Sarasota.
  • Built in 1925 giving it a quaint and historic charm.
  • Freestanding building with plentiful parking in rear.
  • Walkable to Main Street and numerous restaruants and retail venues.
  • Currently laid out as office space but can be converted to retail or residential.

OVERVIEW

Discover a unique opportunity with this 2,211 SF freestanding building, boasting timeless character from its 1925 construction. Zoned DTB and strategically positioned in the sought-after Downtown area, this property presents a prime opportunity for office, retail, or residential users and investors. The historic charm of the building offers a distinctive appeal, while its prime location provides convenience and visibility. With its versatile layout and historic appeal, this property is primed for a wide range of uses, making it an ideal choice for anyone seeking a property with character and potential in the heart of Downtown Sarasota. Immerse yourself in the vibrant Downtown Sarasota scene, just steps away from the property. This prime location offers easy access to an array of attractions, including the iconic Sarasota Opera House, the acclaimed Florida Studio Theatre, and the renowned Marie Selby Botanical Gardens. Enjoy a variety of dining options ranging from upscale to casual, all within walking distance. The area boasts a thriving arts and culture scene, with numerous galleries and museums nearby. With its dynamic mix of entertainment, dining, and cultural experiences, the Downtown Sarasota area presents an enticing opportunity for office or retail building users looking to be at the heart of a lively and growing community. The building could also be repurposed back into a residence to take advantage of the central Downtown location.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$746 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

DTB

APN/PARCEL ID

2027-04-0041

ASK ABOUT THIS PROPERTY

Will MartinMichael Saunders & CompanyMore Info
941-957-3730

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Will MartinMichael Saunders & CompanyMore Info
941-957-3730

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