$550,000
$575,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
6,180 SqFt
SOLD DATE : 12/10/2019
Key Details
Sold Price $550,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 6,180 sqft
Price per Sqft $88
Subdivision Gulf Gate
MLS Listing ID A4446019
Sold Date 12/10/19
Construction Status Inspections
HOA Y/N No
Year Built 1973
Annual Tax Amount $8,645
Lot Size 0.330 Acres
Acres 0.33
Property Description
PRICE REDUCED! Great building in good condition - with potential for value add at under $88 sf ask!
The building consists of 7 suites including 18 office spaces - ideal individual suites for CPA, title company, law firm, architect etc etc. Ample parking to both front and rear of building.
Also suitable for retail uses, given CG zoning!
Current rent roll is +/- $60,000 a year, with many tenants paying well under market rent and on month to month tenancies. Also tenant mix could be improved as many individual offices currently rented, as opposed to full office suites.
Seller financing available on mutually agreeable terms!
Come along and take a look to see what you or your client could do with the space!
Location
State FL
County Sarasota
Community Gulf Gate
Zoning CG
Interior
Cooling Central Air, Zoned
Building
Story 1
Lot Size Range 1/4 Acre to 21779 Sq. Ft.
Structure Type Concrete,Stucco
New Construction false
Construction Status Inspections
Others
Ownership Sole Proprietor
Special Listing Condition None
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Bought with ANDREWS & ASSOCIATES REALTY
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