Our Family has owned this property since 1973. The current building which was built in 1987 was operated as a KFC until 2007. Since the 1960's, the site has only been used for a restaurant. The Sarasota County Property Appraiser has the 2024 value of the building and Land at $867,200, which is up from $761,800 in 2023. The 2024 combined Taxes and Assessments from the Sarasota County Tax Collector is $12,167,66. Total Property insurance through the Hartford for 2024 is $4,726.42. Property is currently site of Kasa Sushi Japanese Restaurant, and has been in operation there since 2016. However sale is for building and land only. Tenant Lease and Tenant's Equipment to be bought out for 8% of Sale Price. Therefore since 8% of $750,000 is $60,000, that would be the amount for the Buyout of the Lease and the and the Equipment of the Tenant. If the Buyer does not want the Equipment owned by Kasa Sushi then the Buyer can subtract $5,000 from the $60,000. That would make the Buyout of the Lease $55,000. Floor is Quarry Tile throughout. Permit allows for 56 seats. Two restrooms. 20 foot stainless steel hood. Electric and gas for cooking equipment. Two walk-in coolers. If buyer is interested in purchasing the building as a restaurant the owner of the restaurant will sell his equipment and furnishings for $5,000.00 Site is also excellent investment opportunity. City of Sarasota has already partly approved development of 4 story apartment complex which was to extend from 42nd Street to 47th Street on Tamiami Trail (U.S. 41). Ultimately up to 225 apartments were planned. Elevation of site is approximately 21 feet. In past 50 years, site has never been threatened with rainwater or flooding in any way.