1011 N Lime Ave - Distribution FOR SALE


Sarasota, FL 34237- Downtown Sarasota
$4,800,000 USD
941-404-9850
1011 N Lime Ave, Sarasota, FL for Sale
$4,800,000 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
  • Office build-out with 10 rooms. 3 restrooms

OVERVIEW

Zoned IGD - Industrial General District. This approx. 26,752 sf masonry building is an excellent concrete box including a concrete roof. Columns 52' on center. 19' ceilings. Designed for efficiency, the property features an interior-covered 5 bay truck well with 5 overhead doors, drive-in access plus a separate box truck height dock allowing for seamless logistics. Office area: 10 private rooms provide flexibility for administrative offices, conference areas, and staff amenities. The property is 1.46-acre. The building is positioned 32 ft from the north property line together w/ an existing curb cut at the street a 2nd drive to the rear could be added to create a circular traffic flow. Power service: 1,200 Amps. plenty of power for many companies. 100' x 100' asphalt area on the west side of the building 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

$4,800,000 USD

PRICE/SF

$179 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

UTILITIES

-

CLEAR CEILING HT

19 Ft

DOCKS

5

DRIVE INS

6

PARKING SPACES

2

LAND DETAILS

LAND ACRES

1.46

LAND SF

63,598

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.