Two-Story Medical Office
2089 Hawthorne Street Sarasota, FL 34239
2089 Hawthorne Street, Sarasota, FL, 34239
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For Sale
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Vacant two-story medical office building with a built-out clinic and four operating rooms.
Property Size13,632 SF
Lot Size1.13 Acres
Price / SF$421.80
Days on Market91
Property Features for 2089 Hawthorne Street
General Information
- Standard status
- Active
- Size
- 13,632 SF
- Lot size
- 1.13 Acres
- Property subtype
- Office
Building Details
- Year Built
- 2002
Listing agency
J.H. Winokur Inc
Listed by
Jeffrey Winokur · License #NY 31WI0804493
Source
Crexi
Added: Apr 22 Updated: Jul 20 at 5:52PM Checked: Jul 20 at 5:52PM
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 J.H. Winokur Inc
Investment Insights
Based on property information with market context.
Former Digestive Health Center is a vacant, purpose-built two-story medical office building totaling 13,632 SF. The property includes a fully built-out clinic and a 4 operating room surgery center, providing immediate healthcare functionality for an owner-operator or medical practice.
Located directly across from Sarasota Memorial Hospital and about a 500-foot walk to the hospital campus, the site is just off S. Tamiami Trail. The property sits on 1.13 acres with approximately 58,000 vehicles per day and strong visibility from the main access route.
For purchase, the building supports medical use with an on-site operating room component and clinic improvements already in place, making it well-suited to specialty care and multi-disciplinary medical operations.
Located directly across from Sarasota Memorial Hospital and about a 500-foot walk to the hospital campus, the site is just off S. Tamiami Trail. The property sits on 1.13 acres with approximately 58,000 vehicles per day and strong visibility from the main access route.
For purchase, the building supports medical use with an on-site operating room component and clinic improvements already in place, making it well-suited to specialty care and multi-disciplinary medical operations.
Key Highlights
- Vacant 13,632 SF, two‑story medical office building built in 2002
- Includes a 4‑operating‑room surgery center plus a fully built‑out clinic
- Located directly across from Sarasota Memorial Hospital, about a 500‑foot walk to the hospital campus
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 | $314.1k | $23.04 |
| − Vacancy | −$17.3k | −$1.27 |
| EGI | $296.8k | $21.77 |
| − OpEx | −$74.2k | −$5.44 |
| NOI | $222.6k | $16.33 |
13,632 SF · lease $23.04/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.18M
$2.78M – $3.71M
NOI $222,605 @ 7.0% cap · market cap 3.87%
Second Best
Healthcare Medical
$3.01M
$2.63M – $3.51M
NOI $210,459 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$4.01M
$3.51M – $4.68M
NOI $280,612 @ 7.0% cap · market cap 4.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Suncoast Endoscopy of Sarasota
Medical Clinic
Brent Murchie, MD
Physician
Jasmine Dukandar, MD
Physician
Fl Digestive Health ...
Medical Clinic
Gastroenterology Associates of Sarasota
Physician
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FAQs
What type of property is this?
Medical center - Vacant two-story medical office building with a built-out clinic and four operating rooms.
Where is this medical center located?
The property is located at 2089 Hawthorne Street Sarasota, FL.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: Vacant 13,632 SF, two‑story medical office building built in 2002; Includes a 4‑operating‑room surgery center plus a fully built‑out clinic; Located directly across from Sarasota Memorial Hospital, about a 500‑foot walk to the hospital campus
