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Executive Summary
The Archibald Building at 1962 Main Street is one of Downtown Sarasota's most storied and recognizable commercial landmarks — a fully restored, four-story, 19,002 square foot historic building constructed in 1925 and offered for sale at with an established tenant base already in place. Named for Ira G. Archibald, one of Sarasota's founding commercial pioneers, the building has anchored the city's most prominent street for one hundred years. Its comprehensive restoration — guided by an original 1925 Sarasota Times photograph — returned the building to its founding character: original hardwood floors, exposed brick walls, open industrial ceilings, floor-to-ceiling Main Street windows, and the iconic original parapet lettering, discovered intact during reconstruction and proudly reinstated on the building's facade.
Positioned directly across from the Sarasota County Courthouse, Hollywood 20 Theater, and the new mixed-use development Aster & Links in the heart of the downtown core. Sarasota's downtown office vacancy sits at just 4.9%, and the building's occupancy delivers immediate, in-place income with the remaining vacancy representing a straightforward lease-up opportunity in one of Florida's tightest commercial markets. For an investor seeking a landmark asset, or an owner-user who wants a headquarters address that no new construction can replicate, the Archibald Building is a once-in-a-generation opportunity at the center of Downtown Sarasota.
Positioned directly across from the Sarasota County Courthouse, Hollywood 20 Theater, and the new mixed-use development Aster & Links in the heart of the downtown core. Sarasota's downtown office vacancy sits at just 4.9%, and the building's occupancy delivers immediate, in-place income with the remaining vacancy representing a straightforward lease-up opportunity in one of Florida's tightest commercial markets. For an investor seeking a landmark asset, or an owner-user who wants a headquarters address that no new construction can replicate, the Archibald Building is a once-in-a-generation opportunity at the center of Downtown Sarasota.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
19,002 SF
Building Class
B
Year Built
1925
Percent Leased
Vacant
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
4,751 SF
Building FAR
3.36
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
DTC - downtown center
Amenities
- Central Heating
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Shared open office space with desks and access to the common areas. Can combine with unit 410 for a total of 5,000 Square feet of space
| Space | Size | Space Use | Build-Out | Available |
| 4th Fl-Ste 420 | 2,800 SF | Office | - | Now |
4th Fl-Ste 420
| Size |
| 2,800 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
4th Fl-Ste 420
| Size | 2,800 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
Shared open office space with desks and access to the common areas. Can combine with unit 410 for a total of 5,000 Square feet of space
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Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 2027-01-0086 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,660,201 CAD |
Property Taxes
Parcel Number
2027-01-0086
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,660,201 CAD
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Archibald Building | 1962 Main St
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