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1001 N Washington Blvd

4,236 SF 6% Leased Office Building Sarasota, FL 34236 $2,550,000 ($602/SF)

Investment Highlights

  • Nearby Development: Benefit from proximity to the $150 million-dollar THE BAY project on 10th Street, which promises to elevate the area’s appeal.
  • DTE Zoning: Unlock the potential of this Downtown Edge (DTE) zoning, allowing for a range of development options including duplex, live-work.
  • Opportunity Zone

Executive Summary

INVESTOR/DEVELOPER ALERT! DOWNTOWN SARASOTA OPPORTUNITY IN GILLESPIE PARK, HARD CORNER!
Location: 1945, 1953 10th St, and 1001 N Washington Blvd, Sarasota, FL
Property Type: Rarely Available Commercial, Mixed-Use, Duplex, Multi-Family, Townhomes, DTE Zoned, Two-Story Office Building 4,236 sq ft included.
Seize this incredible investment opportunity in the heart of Sarasota's historic Gillespie Park neighborhood! This unique offering includes three prime lots with a total of 100 feet of frontage on 10th St. and 123 feet of depth, providing a versatile canvas for a visionary developer.
Key Features:
* DTE Zoning: Unlock the potential of this Downtown Edge (DTE) zoning, allowing for a range of development options including duplex, live-work, commercial, or mixed-use projects.
* Maximum Development Flexibility: No minimum setback, maximum ten-foot setback along 10th St., and no maximum building coverage—allowing for creative, expansive designs up to 5 stories.
* High-Density Potential: Combine these lots for up to 14 residential units with a retail or live-work component. With an affordable density bonus, this could increase to up to 56 units—making this a prime site for multi-family or mixed-use development.
* Vibrant Community: Located in the charming Gillespie Park neighborhood, residents will enjoy a 10-acre park featuring tennis courts, a dog park, playground, basketball courts, and a serene lake—all just a short stroll away.
* Unbeatable Location: Walking distance to Sarasota's vibrant downtown, including marinas, top-tier restaurants, shops, and cultural attractions. Plus, some of the world’s best beaches are only minutes away.
* Nearby Development: Benefit from proximity to the $150 million-dollar THE BAY project on 10th Street, which promises to elevate the area’s appeal even further.
* Opportunity Zone
Why Invest Here?
Gillespie Park is rapidly becoming one of Sarasota’s most sought-after neighborhoods, blending historic charm with modern urban living. This offering presents a rare opportunity to contribute to and benefit from the area’s growth, making it ideal for investors, developers, and visionaries looking to create something truly special.
Don't miss out on this exceptional opportunity to make your mark in downtown Sarasota. Whether you’re envisioning a vibrant mixed-use development, a multi-family project, or luxury townhomes, this property offers the flexibility to bring your vision to life.
Contact us today to learn more about this outstanding investment opportunity!

Attachments

SVN - Brochure

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
4,236 SF
Building Class
C
Year Built
1985
Price
$2,550,000
Price Per SF
$602
Percent Leased
6%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,236 SF
Building FAR
0.31
Lot Size
0.31 AC
Opportunity Zone
Yes
Zoning
DTE - DTE
Parking
20 Spaces (4.72 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 2,000 SF
  • Office
  • Partial Build-Out
  • Now

For Lease approximately 2000-4000 SF! This two story, free-standing office building includes 6 Offices, 2 bathrooms, of which one is an executive bathroom, a conference room, and a Kitchenette on the first floor and a sitting area, 12 Offices, and 2 bathrooms on the second floor. Great signage and exposure as this building is located right off Washington Blvd/US 301 at the corner of 10th Street.

  • 2nd Floor
  • 2,000 SF
  • Office
  • Partial Build-Out
  • Now

For Lease approximately 2000-4000 SF! This two story, free-standing office building includes 6 Offices, 2 bathrooms, of which one is an executive bathroom, a conference room, and a Kitchenette on the first floor and a sitting area, 12 Offices, and 2 bathrooms on the second floor. Great signage and exposure as this building is located right off Washington Blvd/US 301 at the corner of 10th Street.

Space Size Space Use Condition Available
1st Floor 2,000 SF Office Partial Build-Out Now
2nd Floor 2,000 SF Office Partial Build-Out Now

1st Floor

Size
2,000 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Floor

Size
2,000 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Floor

Size 2,000 SF
Space Use Office
Condition Partial Build-Out
Available Now

For Lease approximately 2000-4000 SF! This two story, free-standing office building includes 6 Offices, 2 bathrooms, of which one is an executive bathroom, a conference room, and a Kitchenette on the first floor and a sitting area, 12 Offices, and 2 bathrooms on the second floor. Great signage and exposure as this building is located right off Washington Blvd/US 301 at the corner of 10th Street.

2nd Floor

Size 2,000 SF
Space Use Office
Condition Partial Build-Out
Available Now

For Lease approximately 2000-4000 SF! This two story, free-standing office building includes 6 Offices, 2 bathrooms, of which one is an executive bathroom, a conference room, and a Kitchenette on the first floor and a sitting area, 12 Offices, and 2 bathrooms on the second floor. Great signage and exposure as this building is located right off Washington Blvd/US 301 at the corner of 10th Street.

Walk Score ®
Very Walkable (83)
Bike Score ®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2026-01-0006
Land Assessment
$704,100
Improvements Assessment
$347,200
Total Assessment
$1,051,300
  • Listing ID: 32955879

  • Date on Market: 8/26/2024

  • Last Updated:

  • Address: 1001 N Washington Blvd, Sarasota, FL 34236

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