6,178 SF Free Standing Office Building (50% Leased) For Sale

Address: 1859 Northgate Blvd, Sarasota, FL 34234

Overview / Comments:

6,178 SF Professional Office Building. The building is currently 50% occupied with the balance of the building available for lease. This is a perfect situation for an Owner-Occupant to purchase the building and occupy up to 50% of the building while retaining the income from the existing tenant.  Very efficient layout provides flexibility to accommodate one tenant or multiple tenants. Windows along the exterior walls provide natural light throughout the building!  Features include:
– Multiple Private Offices
– Large Break Room
– 3 Separate Building Entrances (along the South, East and North building sides)
– Plenty of Paved Parking (with several Covered Parking Spaces along the East building side)
– LOW ELECTRIC COSTS thanks to the Rooftop Solar Panels !!!

Sale Price: $850,000

Additional Details:

Property Subtypes:

Office Building

Building Size:

6,178 SF

Gross Building Area:

See Agent

Sale Price:

$850,000

Unit Price:

$137.58 PSF

Property Use Type:

Investment, Vacant/Owner-User

Class of Space:

Class B

Usable Size (USF):

6,178 SF

Sale Terms:

Cash to Seller

Cap Rate:

Undisclosed

Last Updated: 2/28/18
Nearest MSA:

North Port-Sarasota-Bradenton

County:

Sarasota

Taxing Authority:

Sarasota County

Tax ID/APN:

0026010015

Zoning:

CI – COMMERCIAL, INTENSIVE – SARASOTA COUNTY

Property Visibility:

Good

Total Number of Buildings:

1

Number of Stories:

1

Year Built:

1998

Parking Type:

Surface

Parking Description:

Paved Parking along the North and East building sides. Several covered parking spaces available along the East building side.

Zoning Description:

CI – COMMERCIAL, INTENSIVE – Sarasota County

Water Service:

Municipal

Sewer Type:

Municipal

Legal Description:

LOT 19 NORTHGATE CENTER UNIT 1; Parcel ID: 0026010015