$3,970,000
$3,800,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
1808 WHITFIELD AVE Sarasota, FL 34243
7,000 SqFt
Key Details
Sold Price $3,970,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $567
MLS Listing ID A4525776
Sold Date 10/25/22
HOA Y/N No
Year Built 1976
Annual Tax Amount $22,042
Lot Size 5.000 Acres
Acres 5.0
Lot Dimensions 313x696
Property Sub-Type Industrial
Source Stellar MLS
Property Description
Investment Opportunity: 100% leased industrial property. $215,575 net income. 5.67% CAP Rate,
NOT AVAILABLE FOR VACANT POSSESSION.
Main tenant: Alpha Tile (Olympia Tile (USA) Inc they occupy 25,100 sq ft on 5 Acres.
Second tenant: American Tower for communication tower
Both leases are for 25 years.
Location
State FL
County Manatee
Area 34243 - Sarasota
Zoning LM
Interior
Heating Baseboard, Electric
Cooling Office Only
Exterior
Parking Features Ground Level, Over 30 Spaces
Utilities Available Electricity Available, Water Connected
Roof Type Metal
Building
Lot Description Industrial Park
Foundation Slab
Lot Size Range 5 to less than 10
Sewer Public Sewer
Water Public
Structure Type Metal Frame,Metal Siding
New Construction false
Others
Ownership Corporation
Special Listing Condition None
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Bought with MEDWAY REALTY