Freestanding Retail
For Sale
Contact for pricing
1400 Fruitville Rd, Sarasota, FL 34236
Free-standing building with Downtown Core zoning and existing utility as a former dry cleaner site.
Property Size4,514 SF
Lot Size0.33 Acres
Price / SF$431.99
Days on Market39
Property Features for 1400 Fruitville Rd
General Information
Standard status
Active
Size
4,514 SF
Lot size
0.33 Acres
Property subtype
RETAIL
Zoning
DTC
Listing Agency:
Ian Black Real Estate, LLC
(941) 321-1634
Listed By:
Stephen G Horn · License #BK3062100
(941) 321-1634
Source:
Moodyscre
Added: Jun 22
Changed: Jul 27
Last Checked: Jul 27 at 1:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ian Black Real Estate, LLC
Investment Insights
Based on property information with market context.
This freestanding retail building totals 4,514 SF and was originally built and operated as a dry cleaner. The existing space is adaptable for a range of uses including retail, food and beverage, or office.
Located at 1400 Fruitville Rd in Sarasota, the property is positioned on a downtown corner. It is offered with Downtown Core (DTC) zoning and includes on-site parking, supporting customer and employee access.
The building’s configuration and zoning provide flexibility for businesses seeking a dedicated, standalone site in the Downtown Core district.
Located at 1400 Fruitville Rd in Sarasota, the property is positioned on a downtown corner. It is offered with Downtown Core (DTC) zoning and includes on-site parking, supporting customer and employee access.
The building’s configuration and zoning provide flexibility for businesses seeking a dedicated, standalone site in the Downtown Core district.
Key Highlights
- Free‑standing 4,514 SF building in Sarasota with DTC (Downtown Core) zoning
- Previously operated as a dry cleaner site; existing utility in place for a variety of uses
- Versatile layout suitable for retail, F&B, or office use
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $81.3k | $18.00 |
| − Vacancy | −$2.0k | −$0.43 |
| EGI | $79.3k | $17.57 |
| − OpEx | −$23.8k | −$5.27 |
| NOI | $55.5k | $12.30 |
4,514 SF · lease $18.00/SF/yr · vacancy 2.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$793.0K
$693.9K – $925.2K
NOI $55,511 @ 7.0% cap · market cap 2.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $92,920 @ 7.0% cap · market cap 4.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,888
Businesses Nearby
158k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 47%
Dining 17%
Shops & Services 16%
Hotels & Casinos 13%
Publix
Groceries
37,584 visits/mo
0.5 miles
Whole Foods Market
Groceries
34,548 visits/mo
0.4 miles
Sunoco
Shops & Services
18,817 visits/mo
0.4 miles
Ritz-Carlton Sarasota
Hotels & Casinos
15,303 visits/mo
0.1 miles
First Watch
Dining
10,428 visits/mo
0.3 miles
Demographics for 34236, FL
14,083
Population
11,661
Households
1.2
Avg Household Size
66
Median Age
62%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
3,912
Density / Sq Mi
$96,400
Median Household Income
$48,828
Median Earnings
$2,010
Median Rent
$917,100
Median Home Value
Market
Vacancy Rate% for Retail in Sarasota, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Artisan Florist — 606 S Pineapple Ave, Sarasota, FL 34236
- Victoria Blooms, LLC — 1421 5th St suite b, Sarasota, FL 34236
Frequently Asked Questions
What type of property is this?
Storefront property - Free-standing building with Downtown Core zoning and existing utility as a former dry cleaner site.
Where is this storefront property located?
The property is located at 1400 Fruitville Rd Sarasota, FL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Free‑standing 4,514 SF building in Sarasota with DTC (Downtown Core) zoning; Previously operated as a dry cleaner site; existing utility in place for a variety of uses; Versatile layout suitable for retail, F&B, or office use
