505 S Orange Avenue , 1C

    Sarasota, FL 34236
    • $1,250,000
    • STATUS: Active
    • ON SITE: 81 days
    • MLS #: A4442409
    UPDATED: 44 min ago
    $1,250,000
    • 0
      BEDS
    • 0.04
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,863
      SQFT
    • $324
      $/SQFT
    Neighborhood:
    Type:
    Commercial-Lease
    Built:
    2007
    County:
    Area:

    School Ratings & Info

    Description

    Situated in the center of bustling Downtown Sarasota, this fully leased 6+CAP two story office has a bonus feature of 14 private garage parking spaces. With a 10 year lease in place with 8 years remaining, including escalators, this is a great opportunity to buy now and secure income while watching the city grow around your investment. Located in the heart of the highly sought after Burns Court neighborhood of downtown, this office building has many desirable features including; dual entrances, large kitchenette, 3 ADA compliant bathrooms, multiple conference rooms, 2nd floor access via stairs or elevator, 2 large bull pen areas, large offices, lots of windows, high ceilings and walking distance to several downtown eateries. The beautiful Burns Court neighborhood is peaceful and walkable to everything. With two separate PID#s there is the future potential to occupy one space for yourself and lease the other to offset the carry costs and even generate some income. The private 14 garage parking spaces are a rare find in Sarasota office space. Perfect opportunity for your 1031. *Included in the sale are both PID#s 2027104001 and 2027104002.

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    © 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2019-10-21T11:41:39.347.
    www.theduncanduo.com/homes/97436789

    505 S Orange Avenue , 1C Sarasota, FL 34236

    • Price: $1,250,000
    • Status: Active
    • Updated: 44 min ago
    • MLS #: A4442409
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.04
    Acres
    3,863
    SQFT
    $324
    $/SQFT
    2007
    Built
    Neighborhood:
    Sarasota
    County:
    Sarasota
    Area:
    Sarasota
    Property Description
    Situated in the center of bustling Downtown Sarasota, this fully leased 6+CAP two story office has a bonus feature of 14 private garage parking spaces. With a 10 year lease in place with 8 years remaining, including escalators, this is a great opportunity to buy now and secure income while watching the city grow around your investment. Located in the heart of the highly sought after Burns Court neighborhood of downtown, this office building has many desirable features including; dual entrances, large kitchenette, 3 ADA compliant bathrooms, multiple conference rooms, 2nd floor access via stairs or elevator, 2 large bull pen areas, large offices, lots of windows, high ceilings and walking distance to several downtown eateries. The beautiful Burns Court neighborhood is peaceful and walkable to everything. With two separate PID#s there is the future potential to occupy one space for yourself and lease the other to offset the carry costs and even generate some income. The private 14 garage parking spaces are a rare find in Sarasota office space. Perfect opportunity for your 1031. *Included in the sale are both PID#s 2027104001 and 2027104002.
    Exterior Features

    Construction Materials Block Roof Metal Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Cooling Central AirZoned Flooring CarpetCeramic Tile Heating CentralZoned Sewer Public Sewer

    Property Features

    Additional Parcels Yn No Business Type MixedProfessional/OfficeRetail Flood Zone Code X Lease Term 6 + Years New Construction Yn No Property Sub Type Mixed Use Realtor Info List Agent is Related To OwnerFloor Plan AvailableLease Restrictions Special Listing Conditions None Tax Annual Amount 5565.00 Tax Year 2017 Total Num Buildings 1 Utilities Electricity AvailablePublic Zoning Dtc


    Listing information © 2019 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Michael Saunders & Company.



    © 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2019-10-21T11:41:39.347.
     
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