1860 N Washington Blvd - Auto Dealership FOR SALE


Sarasota, FL 34234- Downtown Sarasota
$1,600,000 USD
941-315-1944
1860 N Washington Blvd, Sarasota, FL for Sale
$1,600,000 USD
Auto Dealership - FOR SALE
1/6
null | Request Cap Rate

1860 N Washington Blvd
Sarasota, FL 34234
Downtown Sarasota


HIGHLIGHTS

  • Direct frontage on US-301/N. Washington Blvd.
  • 2 tenant spaces
  • Located within the Newtown CRA redevelopment district. IG – Industrial General zoning
  • Minutes from Downtown Sarasota

OVERVIEW

Prime redevelopment and investment opportunity located directly on US-301/N. Washington Blvd., one of the busiest commercial corridors in Sarasota County, within the rapidly transforming Newtown Community Redevelopment Area. Positioned just minutes from Downtown Sarasota, this IG-zoned (Industrial General) property offers approximately 4,600 SF currently configured into two income-producing units with existing rental income in place. The property benefits from exceptional visibility, strong daily traffic counts, and increasing redevelopment activity throughout the surrounding corridor. This strategic location creates a unique opportunity for investors, owner-users, or developers seeking both immediate cash flow and long-term appreciation potential in one of Sarasota’s evolving commercial districts. The existing layout allows for flexible industrial, warehouse, flex-space, office, showroom, or service-oriented uses, while the redevelopment designation and IG zoning create additional future value-add potential. Property highlights include: • Direct frontage on US-301/N. Washington Blvd. • Located within the Newtown CRA redevelopment district • IG – Industrial General zoning • Approximately 4,600 SF divided into two tenant spaces • Strong traffic exposure and visibility • Minutes from Downtown Sarasota • Opportunity for investment hold, owner-user occupancy, or future redevelopment Buyer to verify all measurements, zoning, permitted uses, and redevelopment opportunities independently.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$344 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

undefined, Storefront Retail/Office, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

ILW

APN/PARCEL ID

0043-12-0007

ASK ABOUT THIS PROPERTY

Paul YoderYoder Design & DevelopementMore Info
941-315-1944

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Paul YoderYoder Design & DevelopementMore Info
941-315-1944

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