Storefront with Showroom and
For Sale
Contact for pricing
Pending
301 Central Avenue, Sarasota, FL 34236
Signalized-corner building with meeting rooms, private offices, and garage/storage space.
Property Size9,336 SF
Lot Size9,623.00 Acres
Days on Market337
Property Features for 301 Central Avenue
General Information
Standard status
Pending
Size
9,336 SF
Lot size
9,623.00 Acres
Property subtype
LAND
Zoning
DTE
Property Condition
Severity
Repairs Needed
Evidence
renovate
Site & Location
Corner Location
Yes
Road Access
Yes
Building Details
Buildings
1
Stories
2
Building Size
9,336 SF
Listing Agency:
RKW Button
(941) 378-2328
Listed By:
Jeff Button · License #543286
(941) 313-1193
Source:
Moodyscre
Added: Nov 12, 2025
Changed: Oct 13
Last Checked: Oct 14 at 11:33PM
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 RKW Button
Investment Insights
Based on property information with market context.
This 9,336-square-foot storefront property at 301 Central Avenue includes a first-floor showroom, meeting rooms, private offices, and garage/storage space. A partial second floor provides additional administrative and work offices, creating a multi-level configuration for retail and office functions.
The property sits at the signalized intersection of Fruitville Road and Central Avenue in downtown Sarasota and is zoned DTE (Downtown Edge). The building was formerly occupied by BlueLine and is available for sale. Its existing showroom, office, and storage components provide a defined starting point for renovation or continued retail use.
The property sits at the signalized intersection of Fruitville Road and Central Avenue in downtown Sarasota and is zoned DTE (Downtown Edge). The building was formerly occupied by BlueLine and is available for sale. Its existing showroom, office, and storage components provide a defined starting point for renovation or continued retail use.
Key Highlights
- 9,336‑square‑foot storefront building
- Signalized intersection of Fruitville Road and Central Avenue
- DTE (Downtown Edge) zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$145,866
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,917,320
$2.9M
Cap Rate 7%
$2,083,800
$2.1M
Cap Rate 9%
$1,620,733
$1.6M
Market Conditions
NOI Build-Up for 9,336 SF
Gross rent
$224.1K $24.00/SF
− Vacancy
−$15.7K −$1.68/SF
EGI
$208.4K $22.32/SF
− OpEx
−$62.5K −$6.70/SF
NOI
$145.9K $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%
$2,917,320
Cap Rate 7%
$2,083,800
Cap Rate 9%
$1,620,733
Alternative Uses
Best Use
Retail
$2.08M
$1.82M – $2.43M
NOI $145,866 @ 7.0% cap · market cap 4.86%
Second Best
Office B
$1.94M
$1.70M – $2.27M
NOI $136,119 @ 7.0% cap · market cap 4.54%
Theoretical Best
Office A
$2.65M
$2.32M – $3.10M
NOI $185,736 @ 7.0% cap · market cap 6.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,803
Businesses Nearby
Under-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - Signalized-corner building with meeting rooms, private offices, and garage/storage space.
Where is this storefront property located?
The property is located at 301 Central Avenue Sarasota, FL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 9,336‑square‑foot storefront building; Signalized intersection of Fruitville Road and Central Avenue; DTE (Downtown Edge) zoning
