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1993 Main St Sarasota, FL 34236

3.25-acre redevelopment opportunity

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 3.25-acre property at 1993 Main St, Sarasota, FL 34236, presents a prime redevelopment opportunity in Sarasota's vibrant downtown core. Currently featuring a vacant 104,506 square foot storefront building constructed in 1997, this site offers significant potential for mixed-use development, including hotel, condominium, office, or retail uses, or a combination thereof. The property is zoned DTC - Downtown Core and includes an existing 75,000 square foot building on a 2-acre portion of the site, currently generating $1.55 million in annual revenue. A separate 1.25-acre parcel is available for immediate development. The property boasts excellent visibility and accessibility, with frontage on Main Street (US-301) and Fruitville Road, benefiting from high pedestrian and vehicular traffic. An easement provides access to 211 parking spaces in an adjacent garage. Further enhancing its appeal, 20-foot wide sidewalks are being added to Main Street, and the area is experiencing significant redevelopment activity. This is an exceptional land bank opportunity with superior ingress and egress, facilitated by access to four lighted intersections. APN: 2027010005 & 2027010006. Offers are being accepted until June 22nd.

Highlights

  • 104,506 SF vacant storefront for sale in Sarasota, FL.
  • Located at 1993 Main St, Sarasota, FL 34236, this redevelopment opportunity sits on a 3.25-acre lot (APN: 2027010005 & 2027010006).
  • Property is zoned DTC - Downtown Core and offers excellent visibility on Main Street, US-301, and Fruitville Road.
  • The site includes a 1.25-acre parcel ready for immediate development, plus an existing 75,000 SF building generating $1.55M in annual revenue (currently 70% occupied).
  • This mixed-use development opportunity allows for hotel, condominium, office, retail, or a combination thereof. Includes easement for 211 parking spaces in an adjacent garage. For sale by owner.

Property Details for 1993 Main St

Property type
Retail properties, Retail space
Square Feet
104,506 SF
Year Built
1997
Buildings
1
Lot Size (sq. ft)
141,570 SF

Location Insight

City
Sarasota
County
Sarasota
State
Florida
Latitude
27.336638210096
Longitude
-82.531072485293

FAQs

What type of property is this?
Retail property - 3.25-acre redevelopment opportunity
Where is the retail property located?
The property is located at 1993 Main St Sarasota, FL.
What are key features of this property?
This property features: 104,506 SF vacant storefront for sale in Sarasota, FL.; Located at 1993 Main St, Sarasota, FL 34236, this redevelopment opportunity sits on a 3.25-acre lot (APN: 2027010005 & 2027010006).; Property is zoned DTC - Downtown Core and offers excellent visibility on Main Street, US-301, and Fruitville Road.
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1993 Main St
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