2160 Gulf Gate Dr - Storefront FOR SALE


Sarasota, FL 34231- South Sarasota
$3,985,000 USD
941-586-2670
2160 Gulf Gate Dr, Sarasota, FL for Sale
$3,985,000 USD
Storefront - FOR SALE
1/48
null | 7% Cap Rate

2160 Gulf Gate Dr
Sarasota, FL 34231
South Sarasota


HIGHLIGHTS

  • HEAVY DAYTIME TRAFFIC
  • NEAR MAJOR INTERSECTION OF US41 AND CR72.

OVERVIEW

**PRIME GULF GATE COMMERCIAL OPPORTUNITY WITH LIVE/WORK POTENTIAL!** THIS SUBSTANTIAL 10,273 SF COMMERCIAL PROPERTY offers an exceptional combination of size, visibility, access, and flexibility in the popular Gulf Gate commercial district of South Sarasota. Featuring approximately 85 feet of frontage and multiple access doors, the property provides excellent functionality for a variety of business uses and is positioned in a high-traffic area near the crossroads of US 41 (Tamiami Trail) and CR72 (Clark Road). The property features robust concrete construction, a generator, Flood Zone X, and impressive two-story ceilings in portions of the building, creating an expansive and versatile interior. Formerly home to Seascape Aquarium and Pet Center, the property offers particularly exciting potential for an owner or investor looking to continue an aquarium, pet, aquatic, specialty retail, or similar business concept, while also offering possibilities for a wide range of other commercial uses. Adding tremendous value and flexibility is the recently completed second-story apartment of nearly 2000sf, providing convenient living quarters, an owner/operator setup, or potential rental/short-term rental income opportunity. The beautifully finished apartment features 2 Bedrooms, 1 Full and 1 Half Bathrooms, a fully equipped kitchen with quartz countertops and stainless-steel appliances, a dedicated laundry room, and additional living space. Located within the distinctive Gulf Gate District, this property is surrounded by the area's signature retro vibe, walkable streets, locally owned independent shops, international restaurants, and neighborhood nightlife. With its substantial square footage, prominent frontage, versatile layout, commercial functionality, and newly finished residential component, this is a rare opportunity to own a highly adaptable property in one of South Sarasota's established commercial and social hubs.

FOR SALE DETAILS

PRICE

$3,985,000 USD

PRICE/SF

$388 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

CG

APN/PARCEL ID

0104-07-0001

ASK ABOUT THIS PROPERTY

Mark LydaGenerous Property Real EstateMore Info
941-586-2670

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Mark LydaGenerous Property Real EstateMore Info
941-586-2670

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