Versatile Commercial Property For
3627 WEBBER STREET Sarasota, FL 34232
For Sale
$699,000
Well-maintained commercial property with office and retail layout.
Property Size3,058 SF
Price / SF$228.58
Days on Market99
Property Features for 3627 WEBBER STREET
General Information
Standard status
Active
Size
3,058 SF
Property subtype
Commercial
Building Details
Year Built
1982
Listing Agency:
AMERICAN PROPERTY GROUP
(941) 923-0535
Listed By:
MARCIA CUTTLER · License ##SL3011453
Source:
Corcoran
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 28 at 10:08AM
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 AMERICAN PROPERTY GROUP
Investment Insights
Based on property information with market context.
This well-maintained commercial property features a versatile layout suitable for both office and retail use. The property is zoned CG, offering strong visibility and no association fees. It is suitable for either an owner-user or an investor seeking a stabilized asset with flexible use options. The first floor comprises 1,459 square feet of Class A office space, featuring a turnkey layout that includes three rooms with sinks, a private office, a reception area, a waiting room, a kitchenette, two restrooms, and a rear exit. The second floor also offers 1,459 square feet of space, configured as a large, open-concept area with a private exterior entrance and an additional restroom. The total property size is 3,058 square feet and is located on Webber Street in Sarasota, Florida.
Key Highlights
- Versatile office and retail layout suitable for owner‑user or investor.
- CG zoning allows for flexible use options.
- Strong visibility enhances business potential.
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 | $70.5k | $23.04 |
| − Vacancy | −$3.9k | −$1.27 |
| EGI | $66.6k | $21.77 |
| − OpEx | −$16.6k | −$5.44 |
| NOI | $49.9k | $16.33 |
3,058 SF · lease $23.04/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$713.4K
$624.2K – $832.3K
NOI $49,936 @ 7.0% cap · market cap 7.14%
Second Best
Retail
$537.2K
$470.1K – $626.8K
NOI $37,606 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$899.3K
$786.9K – $1.05M
NOI $62,948 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Well-maintained commercial property with office and retail layout.
Where is this office units located?
The property is located at 3627 WEBBER STREET Sarasota, FL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Versatile office and retail layout suitable for owner‑user or investor.; CG zoning allows for flexible use options.; Strong visibility enhances business potential.
