813-223-6300
1777 Main St, Sarasota, FL for Sale
Office - FOR SALE
1/8
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1777 Main St
Sarasota, FL 34236
Downtown Sarasota


HIGHLIGHTS

  • Rare ±2.38-Acre Downtown Land Assemblage
  • Premier Signalized Corner Main Street & S Osprey Avenue
  • Existing ±105,000 SF Income-Producing Office Asset
  • Active Adjacent Development Momentum
  • Corporate Seller
  • Exceptional Development Density Potential

OVERVIEW

This 2.38-acre Downtown Core (DTC)-zoned site sits at the signalized intersection of Main Street and South Osprey Avenue, presenting a compelling repositioning or redevelopment opportunity in one of Florida’s most supply-constrained infill markets. The site is one of two parcels in a Truist Bank disposition and is being offered independently. The existing 10-story Class A office building includes an active Truist branch and approximately 105,000 SF of available space, offering in-place cash flow while redevelopment plans are pursued, with strong corner visibility. Current tenants will all be vacated by 2027.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Downtown Sarasota Redevelopment Opportunity

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

10

BUILDING CLASS

B

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

2.38 AC

LAND SF

103,673 SF

ZONING

DTC

APN/PARCEL ID

2026-15-0086

ASK ABOUT THIS PROPERTY

Jason DonaldFranklin StreetMore Info
813-223-6300

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Jason DonaldFranklin StreetMore Info
813-223-6300

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