Flex Retail Showroom
1770 N Washington Blvd Sarasota, FL 34234
1770 N Washington Blvd, Sarasota, FL, 34234
Contact for pricing
For Sale
Contact for pricing
Versatile building includes showroom, offices, warehouse area, and fenced outdoor storage at the rear.
Property Size4,620 SF
Price / SF$301.95
Days on Market147
Property Features for 1770 N Washington Blvd
General Information
- Standard status
- Active
- Size
- 4,620 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2007
Listing agency
Ian Black Real Estate LLC
(941) 906-8688
Listed by
George W. Brusco · License #FL BK3406425
Source
Crexi
Added: Feb 25 Updated: Jul 22 at 4:30PM Checked: Jul 22 at 4:30PM
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 flex retail/showroom warehouse building features a combined layout with dedicated showroom space, office areas, and warehouse space for day-to-day operations. At the rear, the property includes fenced outdoor storage, adding flexibility for inventory, equipment, or related business needs.
The property is located along US 301, providing visibility from the roadway. Designed as a multifunctional retail/showroom option with supporting warehouse and outdoor storage, the building supports businesses that need more than a traditional showroom setup.
As a for-sale commercial property, it offers a comprehensive interior configuration and a rear fenced storage area intended to accommodate both indoor and outdoor operational requirements.
The property is located along US 301, providing visibility from the roadway. Designed as a multifunctional retail/showroom option with supporting warehouse and outdoor storage, the building supports businesses that need more than a traditional showroom setup.
As a for-sale commercial property, it offers a comprehensive interior configuration and a rear fenced storage area intended to accommodate both indoor and outdoor operational requirements.
Key Highlights
- Built in 2007
- Versatile interior layout with showroom, offices, and warehouse space
- Fenced outdoor storage at the rear
Local Financial Insights For Office B
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 | $106.4k | $23.04 |
| − Vacancy | −$5.9k | −$1.27 |
| EGI | $100.6k | $21.77 |
| − OpEx | −$25.1k | −$5.44 |
| NOI | $75.4k | $16.33 |
4,620 SF · lease $23.04/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.08M
$943.0K – $1.26M
NOI $75,443 @ 7.0% cap · market cap 5.41%
Second Best
Retail
$811.6K
$710.2K – $946.9K
NOI $56,815 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,102 @ 7.0% cap · market cap 6.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Beach Life Golf ...
Golf Cart Dealer
Golf Coast Golf ...
Golf Cart Dealer
Similar For Sale Nearby
Similar Off Market Nearby
- CJH Hospitality Sarasota Inc — 925 N Lime Ave, Sarasota, FL 34237
FAQs
What type of property is this?
Flex space - Versatile building includes showroom, offices, warehouse area, and fenced outdoor storage at the rear.
Where is this flex space located?
The property is located at 1770 N Washington Blvd Sarasota, FL.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Built in 2007; Versatile interior layout with showroom, offices, and warehouse space; Fenced outdoor storage at the rear