1850-1890 University Pky - Warehouse FOR SALE


Sarasota, FL 34243- North Sarasota
$4,950,000 USD
941-724-2321
1850-1890 University Pky, Sarasota, FL for Sale
$4,950,000 USD
Warehouse - FOR SALE
1/25
null | Request Cap Rate

1850-1890 University Pky
Sarasota, FL 34243
North Sarasota


OVERVIEW

An exceptional opportunity to acquire a high-profile 30,000?SF commercial building on University Parkway, one of Sarasota’s most sought-after corridors. The property features a storefront entrance leading into a spacious showroom/office area, offering excellent frontage, signage visibility, and direct access from the parkway. Designed with concrete load-bearing walls and a durable, low-pitch built-up roof, this well-maintained structure is built for longevity and flexible use. Positioned for both investors and owner-users, this income-producing asset earns stable rental revenue through multiple tenants (office, showroom, industrial, or medical uses) under long-term leases. The ILW zoning supports a broad range of light industrial and office users, enhancing the appeal for diverse operators. Situated just 1.3 miles east of SRQ Airport on a major commuter route (University Parkway carries up to 38,500 vehicles daily) the building benefits from exceptional visibility and ease of access, including convenient ingress and egress. This offering is ideal for buyers seeking a turnkey investment with attractive cash flow, or for businesses aiming to operate in a functional, high-traffic showroom/office environment. Don’t miss this rare chance to own a spacious, versatile asset in a marquee location.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$165 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

UTILITIES

Lighting - Mercury, Water - County, Sewer - County, Heating - Electric

CLEAR CEILING HT

11.666666666666666 Ft

DOCKS

-

DRIVE INS

8

PARKING SPACES

64

LAND DETAILS

LAND ACRES

2.35

LAND SF

102,366

ZONING

ILW

APN/PARCEL ID

0024-01-0016

ASK ABOUT THIS PROPERTY

Kevin RobbinsHarry E. Robbins Associates, Inc.More Info
941-724-2321

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Kevin RobbinsHarry E. Robbins Associates, Inc.More Info
941-724-2321

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