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Sarasota Skyline View Office Building
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240 N Washington Blvd, Sarasota, FL 34236

Seven-story office building with retail space and future development potential.

Property Size1,559 SF
Lot Size1.97 Acres
Days on Market188

Property Features for 240 N Washington Blvd

General Information

Standard status Active
Size 1,559 SF
Lot size 1.97 Acres
Property subtype OFFICE
Listing Agency: Harry Robbins Assoc Inc
Listed By: Kevin L Robbins · License #SL3042951
Source: Moodyscre
Added: Jan 27 Changed: Jul 6 Last Checked: Apr 5 at 8:23PM

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 Robbins Assoc Inc

Investment Insights

Based on property information with market context.

This newly acquired, freestanding seven-story office building is situated at the corner of US 301 and Fruitville, at the entrance to downtown Sarasota. It features prominent signage and high visibility, making it one of the most recognizable buildings in the Sarasota market. Located on a lighted intersection with heavy traffic, the building offers views of the Sarasota skyline. The building includes over 50,000 square feet of leasable space. The ground floor is currently occupied by Chase Bank, offering retail space. Floors 3 through 7 feature an indoor atrium, providing an abundance of natural light through both exterior and interior windows. The third floor is configured as an executive suite with large private offices, common conference rooms, and a kitchenette, with direct access to the atrium. The 4th and 5th floors are divided into office suites ranging in size from 500 to 1,200 square feet, while the 6th and 7th floors (penthouse) offer large open plans suitable for single users. The building is under new ownership and management, with plans underway for interior updates. The surrounding area is undergoing future development, with residential apartments, hotels, retail spaces, and offices planned or under construction.

Key Highlights

  • Prime location at the entrance to downtown Sarasota with excellent signage and exposure on a lighted intersection with heavy traffic.
  • Recognizable building with exciting views of the Sarasota skyline.
  • Over 50,000 s/f of leasable space within a seven‑story structure.

Property Analytics

Current Use

Chase Mortgage Loan Service MethodFactory - Full-Service Digital ... Advertising Agency Mark Porter, Ed.D., ... Physician Sylint Group Business Management Consultant Interactive Computer Electronics & Wireless Store

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Clothing & Fashion Store Florist Fish Market Farmer's Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,254
Businesses Nearby

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

Lease Benchmarks for Sarasota, FL

$813,119 /SF/Yr
Avg Asking Price
$37–$2,200,000 /SF/Yr
Price Range
6,562 SF
Avg Space Size

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Seven-story office building with retail space and future development potential.
Where is this office building located?
The property is located at 240 N Washington Blvd Sarasota, FL.
What are key features of this property?
This property features: Prime location at the entrance to downtown Sarasota with excellent signage and exposure on a lighted intersection with heavy traffic.; Recognizable building with exciting views of the Sarasota skyline.; Over 50,000 s/f of leasable space within a seven‑story structure.
(941) 724-2321 Call to check price and availability
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