4700 Middle Ave - Warehouse FOR SALE


Sarasota, FL 34234- North Sarasota
$6,500,000 USD
941-313-1193
4700 Middle Ave, Sarasota, FL for Sale
$6,500,000 USD
Warehouse - FOR SALE
1/21
null | Request Cap Rate

4700 Middle Ave
Sarasota, FL 34234
North Sarasota


HIGHLIGHTS

  • 34,922 SF Industrial Manufacturing facility on 2.11 acres zoned ILW
  • 900 Amp 3 Phase Power; Natural Gas available
  • 3 Loading Well Doors
  • 35' Eave and 40' Peak Height
  • New Roof (2021 and 2025)
  • Plenty of Fenced Parking and Outdoor Storage

OVERVIEW

Price Improvement to $6,500,000 with New Roof! 34,922 SF Industrial Manufacturing facility on 2.11 acres zoned ILW with 3 Phase & Multiple Loading Docks visible from N Washington Blvd (US 301) in north Sarasota. The 34,922 SF facility includes 22,618 SF main warehouse/manufacturing area (Roof, wall panels and metal personnel doors replaced in 2021), 9,624 SF adjacent warehouse/manufacturing area (New Roof 2025) and 2,680 SF office with open work areas, conference room and breakroom. Bonus square footage include 3,828 SF covered work and storage areas. The 22,618 SF main warehouse/manufacturing area (Roof, wall panels and metal personnel doors replaced in 2021) is clear-span and includes 35' eave height, 40' peak height, 3 loading well doors, two 16' wide x 26' tall roll-up doors, sidelight panels, 5 ventilation fans, LED lighting. New roof panels (with insulation) and new metal side panels installed in 2022. The 9,624 SF adjacent warehouse/manufacturing area (New Roof 2025) includes concrete block construction with concrete roof deck, 1 loading dock, 19' clear height with drive through access from the south parking /storage area to the main warehouse/production area. The 2,680 SF office area is partitioned to accommodate several private offices, meeting/work/break rooms and two restrooms. The facility includes 900 Amp 3 Phase power, fully fire sprinklered and is served by natural gas. The 2.11 acre, fenced site allows for plenty of parking and/or outdoor storage allowed by the ILW zoning in place. Excellent opportunity for an owner-user or investor requiring a well-located, well-maintained industrial storage/manufacturing/distribution facility with heavy power, high ceilings, loading docks, natural gas and plenty of parking with outdoor storage! This facility has everything an industrial user requires. For Sale: Price Improvement to $6,500,000; For Lease $14/SF NNN

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$168 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

35 Ft

DOCKS

3

DRIVE INS

3

PARKING SPACES

12

LAND DETAILS

LAND ACRES

2.11

LAND SF

91,912

ZONING

ILW

APN/PARCEL ID

0023-13-0001

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941-313-1193

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941-313-1193

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