Property Details
Property Details
- Sale Price Dollars: $3,950,000
- Year Built: 1969
- Property SubType: Office
- Building Class: C
- Square Feet: 5,190
- Lease Pdf Url: https://buildout.com/docs/documents/4314508?mtime=1787065731&token=85947c636fc7847a9324e09acfc17b7a7c7e1a60
Building
- Zoning: DTC
- Stories: 3
Location
- Town: Sarasota
- County: Sarasota
- State: FL
- Zip: 34236
Community
Property Description
- Description: Presenting a prime investment opportunity in the heart of Downtown Sarasota, this meticulously renovated 5,190 SF office building offers a versatile open layout, allowing buyers or tenants to customize the space to their specific needs. The property's 3-story structure provides flexibility for potential owners to utilize the entire building or lease portions to other tenants, maximizing investment potential. Built in 1969 and thoughtfully refurbished in 2024, the property's strategic DTC zoning underscores its suitability for a wide range of professional uses, making it an ideal choice for prospective office building users and investors seeking a strategic foothold in this coveted urban market.
Other Details
Location Description
- Location Description: 1551 2nd St sits in Sarasota's Downtown Core (DTC) zoning district, one block off Main Street in the heart of downtown. The area blends historic character with active redevelopment - it's a walkable setting where people can frequent nearby restaurants and boutiques. The immediate 2nd Street corridor has seen significant investment, including new luxury residential and mixed-use projects nearby, reinforcing downtown Sarasota's continued growth as a walkable, amenity-rich business district. Around the corner from Whole Foods and down the road from Sprouts, along with a wide variety of other restaurants and retail accommodations, this is a great location for an office headquarter.
Finance
Highlights
- Sale Bullets: 5, 190 SF office building, Built in 1969, renovated in 2024, Zoned DTC, Located in Downtown Sarasota area, Surface parking in rear
- Lease Bullets: 3-story office building, 6, 470 sq ft gross / 5, 190 sq ft living area, Built 1969, Fully renovated 2024: new roof, all-new HVAC, complete electrical rewire, epoxy-finished slab, new sand-finish stucco interior walls/ceilings, Code-compliant fire alarm system