455-463 N Lime Ave
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455-463 N Lime Ave
5,000 SF Vacant Retail Building Sarasota, FL 34237 $1,350,000 ($270/SF)
Investment Highlights
- Freestanding building located near downtown Sarasota.
- Easy access Fruitville Rd exit of I-75.
Executive Summary
This stand-alone building is in a location experiencing tremendous growth. It is located in the Park East District. The site is situated on Lime Ave. just north of Fruitville Road and within walking distance of several offices, mixed-use developments, restaurants, etc. The site can be purchased for mixed-use development or continued use of the commercial building on site.
Currently, this building is being used as a retail location for a single occupant. However, the building has three storefront entrances and can be subdivided into three separate units. The building features multiple open showrooms, multiple bathrooms, and multiple offices and each of the three units are fully air-conditioned with AC storage space at the rear of each of the units. There is a fully fenced storage area on the South side of the building, and there is additional parking in the rear of the building providing an abundance of parking.
The mixed-use development will allow for a multitude of uses, including office, medical, retail, restaurant, and multi-family. The future zoning will allow up to 100 units per acre and up to 5 stories. Several sites in the area are scheduled for redevelopment.
Contact agent for additional information and to schedule a private showing.
Currently, this building is being used as a retail location for a single occupant. However, the building has three storefront entrances and can be subdivided into three separate units. The building features multiple open showrooms, multiple bathrooms, and multiple offices and each of the three units are fully air-conditioned with AC storage space at the rear of each of the units. There is a fully fenced storage area on the South side of the building, and there is additional parking in the rear of the building providing an abundance of parking.
The mixed-use development will allow for a multitude of uses, including office, medical, retail, restaurant, and multi-family. The future zoning will allow up to 100 units per acre and up to 5 stories. Several sites in the area are scheduled for redevelopment.
Contact agent for additional information and to schedule a private showing.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
C
Year Built
1977
Price
$1,350,000
Price Per SF
$270
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.39 AC
Zoning
DTE - downtown edge
Parking
20 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
97 FT on LIME
Amenities
- Fenced Lot
- Pylon Sign
- Signage
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (72)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 2028-11-0020 | Improvements Assessment | $270,800 |
| Land Assessment | $365,900 | Total Assessment | $636,700 |
PROPERTY TAXES
Parcel Number
2028-11-0020
Land Assessment
$365,900
Improvements Assessment
$270,800
Total Assessment
$636,700
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455-463 N Lime Ave
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