1011 N Lime Ave - Distribution FOR SALE


Sarasota, FL 34237- Downtown Sarasota
$5,200,000 USD
941-404-9850
1011 N Lime Ave, Sarasota, FL for Sale
$5,200,000 USD
Distribution - FOR SALE
1/12
null | Request Cap Rate

1011 N Lime Ave
Sarasota, FL 34237
Downtown Sarasota


HIGHLIGHTS

  • Masonry construction with concrete roof for durability
  • 19-foot clear ceiling height ideal for racking and stacking
  • Five dock-high doors plus drive-in access for efficient loading
  • Heavy power capacity: 1,200 amps / 3-phase service
  • Extensive office build-out with 10 rooms and 3 restrooms

OVERVIEW

This 1.46-acre industrial property offers a rare opportunity to acquire a substantial facility in Sarasota’s thriving business corridor. The masonry building with a concrete roof spans approximately 26,752 square feet, combining robust warehouse functionality with a well-appointed office build-out. Designed for efficiency, the property features five dock-high doors and drive-in access, ensuring seamless logistics for high-volume operations. Inside, 10 private rooms and three restrooms provide flexibility for administrative offices, conference areas, and staff amenities. Situated near downtown Sarasota, this asset benefits from proximity to major thoroughfares, retail hubs, and a growing residential base. The surrounding area boasts strong demographics, with average household incomes exceeding $80,000 within a one-mile radius. Its central location supports easy access to I-75 and U.S. 301, making it ideal for regional distribution or local service operations.

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$194 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

5

DRIVE INS

7

PARKING SPACES

2

LAND DETAILS

LAND ACRES

1.5

LAND SF

65,340

ZONING

ILW

APN/PARCEL ID

2023-14-0055

ASK ABOUT THIS PROPERTY

Michael HollanderHembree & Associates, Inc.More Info
941-404-9850

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Michael HollanderHembree & Associates, Inc.More Info
941-404-9850

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