2011 Cornell Street, Sarasota, FL 34237

$1,995,000
3,750
SqFt

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List Price
$1,995,000
Status
Active
Days on Market
13
MLS#
A4699881
Property Style
Warehouse
Year Built
1978
Living Area
3,750
Lot Size
21,274
Acres
0.49
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Monterey
MLS Area Major
Sarasota

Property Description

Located in downtown Sarasota, this 0.49-acre property includes the adjacent parcel at 2010 Princeton St. Zoned Industrial General District (IGD), this versatile property accommodates a wide range of permitted uses, including manufacturing, warehousing, wholesale distribution, light industrial, automotive repair, marine service, contractor operations, and more. Located within a designated Opportunity Zone, the property may provide potential tax advantages for qualified investors, subject to current Opportunity Zone regulations and individual tax circumstances. There is a 3,750 sq ft metal-framed building that is divided into flexible workspaces, approximately 1,000 sq ft of A/C-equipped office space, a reception area, and 2 half baths. The remaining space is configured for warehouse, shop, and service operations and is currently utilized for auto repair, boat sales & repair, and storage. There are 2 large bay doors located on the north & south sides of the building (approximately 10 x 12 & 12 X 12). The adjacent parcel is completely fenced with an access gate. Currently used for boat, trailer, and commercial vehicle storage, providing valuable outdoor storage, fleet parking, or future expansion opportunities. Ideally situated just one block off US-301 and 1.4 miles from Centennial Park Boat Ramp, this property offers excellent access to downtown Sarasota, major transportation corridors, and the waterfront. An outstanding opportunity for an owner-user or investor seeking a well-located industrial asset with flexible zoning and future potential.

Additional Information

Taxes Annual
$7008
Community Features
No Deed Restriction
Property Description
One Story
Zoning
IGD
Utilities
Electricity Available, Public, Water Connected
Air Conditioning
Office Only
Exterior Construction
Metal Siding
Roof
Metal
Foundation
Slab
Pool
No Pool
Flood Zone Code
X
Parcel ID
2023130051
Legal Description
Lots 1, 2, 3 and 4, Block 7, MONTEREY, according to the plat thereof, recorded in Plat Book 2, Page 120A of the Public Records of Sarasota County, Florida.

Listing courtesy of ROSEBAY INTERNATIONAL REALTY, INC. 941-366-7673

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