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1824 Main St Sarasota, FL 34236

For Sale
$9,200,000

Four prime parcels in downtown Sarasota's Opportunity Zone.

Lot size:
0.60 Acres

Property Features for 1824 Main St

General Information

Lot size
0.60 Acres

Source: Ian Black Real Estate, LLC Agent Jag Grewal CCIM, SIOR

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Downtown Sarasota Development Opportunity

This offering presents a rare opportunity to purchase four parcels in downtown Sarasota for development within an Opportunity Zone. The parcels, situated in the Downtown Core, consist of two sets of adjacent lots. Two lots provide 96 feet of frontage on Main Street, while the other two offer 96 feet of frontage on South Osprey Avenue. Zoned Downtown Core (DTC), the property is ideally positioned for redevelopment, suitable for apartments or condos (with zoning allowing for 50 units per acre), retail, or office spaces. The four parcels currently generate income from leases with short-term termination clauses. The location is towards the east end of Main Street, near newly developed multifamily residences, a Sprouts grocery store, restaurants, and other commercial retail establishments. A corner lot may also be available for purchase.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Law Firm Clothing Store Daycare Center Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Sarasota
County
Manatee
State
Florida
Longitude
-82.5338227
Latitude
27.3362272

FAQs

What type of property is this?
Land - Four prime parcels in downtown Sarasota's Opportunity Zone.
Where is this land located?
The property is located at 1824 Main St Sarasota, FL.
What is the asking price?
The asking price for this property is $9,200,000.
What are key features of this property?
This property features: - Four prime downtown Sarasota parcels for development.; - Located in an Opportunity Zone.; - Zoned Downtown Core (DTC) allowing for apartments/condos (50 units/acre), retail, or office.
More about this property
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