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2289-2291 Ringling Blvd 2,539 SF Retail Condo Unit Offered at $1,375,403 CAD in Sarasota, FL 34237
EXECUTIVE SUMMARY
2289 Ringling Blvd, Sarasota, FL 34237. This single-story, two-unit commercial building sits on the northwest corner of Ringling Boulevard and Lime Avenue, a high-visibility corridor just minutes from Downtown Sarasota. Built in 1956, the property contains two separate units, totaling approximately 2,539 SF on a 0.11-acre lot. The building is currently a pizzeria. Zoned Commercial General (CG), the property offers exceptional flexibility for a variety of uses, including retail, office, or restaurant space. This is a prime opportunity to acquire a well located,income-producing asset with significant value-add potential in a thriving market.
PROPERTY FACTS
| Total Building Size | 2,539 SF | Floors | 1 |
| Property Type | Retail (Condo) | Typical Floor Size | 2,539 SF |
| Property Subtype | Restaurant | Year Built | 1956 |
| Building Class | B | Lot Size | 0.11 AC |
| Zoning | CG - Commercial General - Commercial General (CG) Zoning District - Sarasota County, FL | ||
| Total Building Size | 2,539 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Restaurant |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 2,539 SF |
| Year Built | 1956 |
| Lot Size | 0.11 AC |
| Zoning | CG - Commercial General - Commercial General (CG) Zoning District - Sarasota County, FL |
1 UNIT AVAILABLE
Unit 2289-91
| Unit Size | 2,539 SF | Sale Type | Investment or Owner User |
| Price | $1,375,403 CAD | Cap Rate | 3.72% |
| Price Per SF | $541.71 CAD | NOI | $51,216.22 CAD |
| Condo Use | Retail |
| Unit Size | 2,539 SF |
| Price | $1,375,403 CAD |
| Price Per SF | $541.71 CAD |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 3.72% |
| NOI | $51,216.22 CAD |
SALE NOTES
2289 Ringling Blvd, Sarasota, FL 34237. This single-story, two-unit commercial building sits on the northwest corner of Ringling Boulevard and Lime Avenue, a high-visibility corridor just minutes from Downtown Sarasota. Built in 1956, the property contains two separate units, totaling approximately 2,539 SF on a 0.11-acre lot. The building is currently a pizzeria. Zoned Commercial General (CG), the property o?ers exceptional flexibility for a variety of uses, including retail, office, or restaurant space. This is a prime opportunity to acquire a well located, income-producing asset with significant value-add potential in a thriving market.
2852–2886 Ringling Blvd
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MAJOR TENANT INFORMATION
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Fresh Mozzarella Pizzeria |
2,539 SF
|
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NEARBY MAJOR RETAILERS
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2289-2291 Ringling Blvd
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