For Sale
$2,250,000

124 Houle Ave Sarasota, FL 34232

7,500 SF, 5 Units, New Construction

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents a brand-new, Class A retail storefront complex in Sarasota, Florida. Located at 124 Houle Ave, this property comprises two buildings totaling 7,500 square feet of net rentable space on a 0.85-acre lot (37,000 sq ft). Construction is slated for completion in the fourth quarter of 2024, with an occupancy date of November 29, 2024. The property features five units, ideal for owner-user scenarios or full leasing. Each building boasts a modern storefront design with an impressive 18-foot eave height, perfect for prominent signage. Built with durable block construction, these structures offer long-term value. Situated conveniently between Houle Ave and Avant Ave, just north of Fruitville Road and west of Interstate 75, this location provides easy access to downtown Sarasota and high visibility. Ample parking is available for tenants and customers. The property is zoned CG - Commercial General, offering flexibility for various retail and office uses. The asking price is $2,250,000, translating to $300 per square foot. This is a value-add investment opportunity in a thriving Sarasota business community. The APN is 0044150029.

Highlights

  • Brand-new, Class A retail storefront complex in Sarasota, FL.
  • 7,500 square feet of net rentable space on a 0.85-acre lot.
  • Completion and occupancy slated for November 29, 2024.
  • Five units available for owner-user or leasing.
  • Modern design with 18-foot eave height, ample parking, and high visibility.

Property Details for 124 Houle Ave

Property type
Retail properties, Retail space
Square Feet
7,500 SF
Class
A
Year Built
2024
Buildings
2
Units
5

Location Insight

City
Sarasota
County
Sarasota
State
Florida
Latitude
27.338405760804
Longitude
-82.470215499864

FAQs

What type of property is this?
Retail property - 7,500 SF, 5 Units, New Construction
Where is the retail property located?
The property is located at 124 Houle Ave Sarasota, FL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Brand-new, Class A retail storefront complex in Sarasota, FL.; 7,500 square feet of net rentable space on a 0.85-acre lot.; Completion and occupancy slated for November 29, 2024.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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124 Houle Ave
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