Downtown Retail Building with
301 Central Avenue Sarasota, FL 34236
For Sale
Contact for pricing
Signalized intersection retail building with first-floor showroom, offices, meeting rooms, and garage/storage space.
Property Size9,636 SF
Lot Size9,623.00 Acres
Price / SF$311.33
Days on Market254
Property Features for 301 Central Avenue
General Information
- Standard status
- Active
- Size
- 9,636 SF
- Lot size
- 9,623.00 Acres
- Property subtype
- LAND
Properties For Sale
at 301 Central Avenue Contact us
Listing Agency:
RKW Button
(941) 313-1193
Listed By:
Jeff Button
(941) 313-1193
Source:
Moodyscre
Added: Nov 12, 2025
Changed: Jul 23
Last Checked: Jul 23 at 12:22PM
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 landmark downtown Sarasota retail building is offered for lease or sale. The property includes a first-floor layout featuring showroom space, meeting rooms, private offices, and garage/storage space. A partial second floor adds additional admin and work offices.
The building is located at a signalized intersection on Central Ave at Fruitville Rd. The property is zoned DTE (Downtown Edge).
With the existing combination of retail and office-oriented interiors, the space can be renovated to support retail or alternative use consistent with the zoning designation.
The building is located at a signalized intersection on Central Ave at Fruitville Rd. The property is zoned DTE (Downtown Edge).
With the existing combination of retail and office-oriented interiors, the space can be renovated to support retail or alternative use consistent with the zoning designation.
Key Highlights
- 9,336 SF retail building at the signalized intersection of Fruitville Rd and Central Ave in downtown Sarasota
- Zoned DTE (Downtown Edge)
- First floor includes showroom area, meeting rooms, private offices, and garage/storage space
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 | $222.0k | $23.04 |
| − Vacancy | −$12.2k | −$1.27 |
| EGI | $209.8k | $21.77 |
| − OpEx | −$52.5k | −$5.44 |
| NOI | $157.4k | $16.33 |
9,636 SF · lease $23.04/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.25M
$1.97M – $2.62M
NOI $157,352 @ 7.0% cap · market cap 5.25%
Second Best
Retail
$1.69M
$1.48M – $1.98M
NOI $118,500 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$2.83M
$2.48M – $3.31M
NOI $198,355 @ 7.0% cap · market cap 6.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Blue Line
Construction Company
FAQs
What type of property is this?
Retail space - Signalized intersection retail building with first-floor showroom, offices, meeting rooms, and garage/storage space.
Where is this retail space 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 SF retail building at the signalized intersection of Fruitville Rd and Central Ave in downtown Sarasota; Zoned DTE (Downtown Edge); First floor includes showroom area, meeting rooms, private offices, and garage/storage space
