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St. Armand's Circle Retail Investment
For Sale
$5,900,000

331 JOHN RINGLING BOULEVARD #101, Sarasota, FL 34236

Prime retail space on St. Armand's Circle, Sarasota, FL.

Property Size3,775 SF
Lot Size0.07 Acres
Price / SF$1,562
Days on Market142

Property Features for 331 JOHN RINGLING BOULEVARD #101

General Information

Standard status Active
Size 3,775 SF
Lot size 0.07 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $40,502

Amenities

Central air
Pool
Public Pool
Central Air Cooling

Building Details

Year Built 1952
Listing Agency: SVN COMMERCIAL ADVISORY GROUP
Listed By: LARRY STARR · License ##303911
Source: Corcoran
Added: Mar 24 Changed: Aug 8 Last Checked: Aug 8 at 2:33PM

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 SVN COMMERCIAL ADVISORY GROUP

Investment Insights

Based on property information with market context.

Located on St. Armand's Circle in Sarasota, FL, 331 John Ringling Blvd is a 3,554 square foot retail building. The property has been completely renovated and is currently 100 percent leased by two national tenants. The property is an attractive prospect for retail investors due to its prime location and annual increases in lease rates, offering excellent return on capital.

Key Highlights

  • Prime retail investment opportunity on St Armand's Circle
  • 100 percent leased by two national tenants
  • Completely renovated 3,554 SF building

Property Analytics

Current Use

Everything But Water Swimwear Store

Suggested Use

Top Pick Law Firm Building Supply Dental Office Pharmacy Garden Center (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

548
Businesses Nearby
11k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 49% Apparel 39% Dining 12%
Pepper Palace Groceries
2,968 visits/mo 0.2 miles
The Spice & Tea Exchange Groceries
2,602 visits/mo 0.1 miles
White House Black Market Apparel
1,748 visits/mo 0.1 miles
Ben & Jerry's Dining
1,391 visits/mo 0.1 miles
Crazy Shirts Apparel
1,153 visits/mo 0.1 miles

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 Retail in Sarasota, FL

6.3% 2020
4.6% 2021
3% 2022
3.3% 2023
3.4% 2024
3.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Prime retail space on St. Armand's Circle, Sarasota, FL.
Where is this retail space located?
The property is located at 331 JOHN RINGLING BOULEVARD #101 Sarasota, FL.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: Prime retail investment opportunity on St Armand's Circle; 100 percent leased by two national tenants; Completely renovated 3,554 SF building
More about this property
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