For Sale
$1,469,000

3148 Southgate CirSarasota, FL 34239

Sarasota Office Building - Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 3,750-square-foot free-standing office building, located at 3148 Southgate Cir, Sarasota, FL 34239, presents a compelling investment opportunity. The Class B property, built in 1961, sits on a 12,000-square-foot lot and boasts 3,300 square feet of net rentable space, currently housing a mix of wellness and related service providers. The asking price is $1,469,000, translating to $424 per square foot. The single-story building features a mansard facade, stucco exterior, and a paved parking lot with approximately 29 spaces. Interior features include a versatile configuration with three separate suites, each with its own entrance and lobby, along with four restrooms and sixteen individual rooms. The property benefits from excellent street visibility and signage opportunities, a prime location minutes from downtown Sarasota, both local hospitals, Bee Ridge Road, Siesta Key, and I-75. Municipal water and sewer services are in place, and the property is zoned CN Commercial Neighborhood. The property includes standard utility easements. The APN is 0057080059. 2022 real estate taxes totaled $6,052.10. Financial details are available upon request with a signed Non-Disclosure/Confidentiality Agreement. This property is ideal for investors, particularly those seeking a 1031 exchange, or an operating business seeking a new home. Its proximity to Southgate Circle Park adds to its appeal. The building utilizes a central, electric heating system and an engineered air conditioning system. Internet access is available via cable.

Highlights

  • 3,750 SF freestanding office building.
  • 1961 construction.
  • Flat roof; stucco exterior with mansard facade.
  • Surface parking with 29 paved spaces.
  • Electric, central heating and engineered AC system.
  • Cable internet access.

Property Details for 3148 Southgate Cir

Property type
Office properties
Square Feet
3,750 SF
Class
B
Year Built
1961
Buildings
1
Stories
1

Location Insight

City
Sarasota
County
Sarasota
State
Florida
Latitude
27.3058131
Longitude
-82.5148677
3148 Southgate Cir, Sarasota, Florida

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3148 Southgate Cir
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