Downtown Sarasota Mixed-Use Development
For Sale
Contact for pricing
Pending
1993 Main St, Sarasota, FL 34236
3.25 acre mixed-use development opportunity in downtown Sarasota.
Property Size104,506 SF
Lot Size3.25 Acres
Days on Market1700
Property Features for 1993 Main St
General Information
Standard status
Pending
Size
104,506 SF
Lot size
3.25 Acres
Property subtype
Retail
Zoning
DTC - Downtown Core
Occupancy
70%
Investment Type
Redevelopment
Building Details
Year Built
1997
Buildings
1
Listing Agency:
Harry E Robbins Associate
(941) 724-2321
Listed By:
Kevin Robbins · License #SL3042951
Source:
Crexi
Added: Jan 5, 2022
Changed: Aug 24
Last Checked: Aug 29 at 12:01AM
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 Harry E Robbins Associate
Investment Insights
Based on property information with market context.
This 3.25-acre property in downtown Sarasota presents a premier mixed-use development opportunity within an Opportunity Zone. The site, available in whole or in part, includes a 1.25-acre section on the northern end ready for immediate development. This portion is suitable for a hotel, condominium, office, retail space, or a mixed-use combination. The remaining 2-acre section contains approximately 75,000 square feet of building area and generates $1.55 million in annual revenue, offering an excellent land bank opportunity. The property benefits from an easement for 211 parking spaces in the adjacent garage. It features frontage on Main Street and US-301, with visibility from Fruitville Road. New 20-foot wide sidewalks are being added to Main Street in front of the building. The location is surrounded by redevelopment and new construction projects, experiencing heavy daily auto and pedestrian traffic. Superior ingress and egress are provided with access to four lighted intersections.
Key Highlights
- 3.25 acre site in Downtown Sarasota Opportunity Zone.
- Generates $1.55 million in annual revenue from existing 75,000 s/f building area.
- Premier mixed‑use development opportunity: suitable for hotel, condominium, office, retail, or combination.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,610
Businesses Nearby
Explore this area
Business Placement
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 Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 3.25 acre mixed-use development opportunity in downtown Sarasota.
Where is this commercial land located?
The property is located at 1993 Main St Sarasota, FL.
What are key features of this property?
This property features: 3.25 acre site in Downtown Sarasota Opportunity Zone.; Generates $1.55 million in annual revenue from existing 75,000 s/f building area.; Premier mixed‑use development opportunity: suitable for hotel, condominium, office, retail, or combination.
