Multi-Tenant Storefront
For Sale
Contact for pricing
1900 N Washington Blvd, Sarasota, FL 34234
Storefront property with industrial general zoning and established multi-tenant configuration.
Property Size6,750 SF
Price / SF$340.74
Days on Market139
Property Features for 1900 N Washington Blvd
General Information
Standard status
Active
Size
6,750 SF
Property subtype
Retail
Zoning
Industrial General (IG)
Building Details
Buildings
2
Units
4
Tenancy
Multi
Listing Agency:
Yoder Design & Development
Listed By:
Paul Yoder · License #FL
Source:
Crexi
Added: May 30
Changed: Oct 1
Last Checked: Oct 14 at 7:39PM
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 Yoder Design & Development
Investment Insights
Based on property information with market context.
This 6,750-square-foot storefront property is configured for multiple tenants and carries Industrial General (IG) zoning. The asset is identified as a retail-oriented commercial property with an existing multi-tenant setup.
The property is located at 1900 N Washington Blvd in Sarasota, Florida, along the North Washington Boulevard corridor. Its zoning designation and storefront format provide the primary physical and land-use details available for evaluating the property.
The property is located at 1900 N Washington Blvd in Sarasota, Florida, along the North Washington Boulevard corridor. Its zoning designation and storefront format provide the primary physical and land-use details available for evaluating the property.
Key Highlights
- 6,750 square feet of property size
- Industrial General (IG) zoning
- Multi‑tenant storefront configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$105,462
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,109,240
$2.1M
Cap Rate 7%
$1,506,600
$1.5M
Cap Rate 9%
$1,171,800
$1.2M
Market Conditions
NOI Build-Up for 6,750 SF
Gross rent
$162.0K $24.00/SF
− Vacancy
−$11.3K −$1.68/SF
EGI
$150.7K $22.32/SF
− OpEx
−$45.2K −$6.70/SF
NOI
$105.5K $15.62/SF
Area
Sarasota County, FL
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,109,240
Cap Rate 7%
$1,506,600
Cap Rate 9%
$1,171,800
Alternative Uses
Best Use
Retail
$1.51M
$1.32M – $1.76M
NOI $105,462 @ 7.0% cap · market cap 4.59%
Second Best
Industrial
$1.11M
$973.0K – $1.30M
NOI $77,838 @ 7.0% cap · market cap 3.38%
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M
NOI $134,288 @ 7.0% cap · market cap 5.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,074
Businesses Nearby
32k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 65%
Dining 31%
Electronics 3%
Home Improvements & Furnishings 1%
Wendy's
Dining
9,957 visits/mo
0.3 miles
AutoZone
Shops & Services
3,563 visits/mo
0.1 miles
O'Reilly Auto Parts
Shops & Services
3,314 visits/mo
0.5 miles
Sunoco
Shops & Services
2,217 visits/mo
0.2 miles
Citgo
Shops & Services
2,077 visits/mo
0.3 miles
Demographics for 34234, FL
20,858
Population
10,257
Households
2
Avg Household Size
42
Median Age
28%
College-Educated
86%
High-School Grad
6.5 sq mi
ZIP Area
3,209
Density / Sq Mi
$56,607
Median Household Income
$33,536
Median Earnings
$1,352
Median Rent
$222,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Sarasota, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Storefront property with industrial general zoning and established multi-tenant configuration.
Where is this storefront property located?
The property is located at 1900 N Washington Blvd Sarasota, FL.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 6,750 square feet of property size; Industrial General (IG) zoning; Multi‑tenant storefront configuration
