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Corner Lot Bank Building
For Lease
$37 SF/Yr

544 South Washington Boulevard, Sarasota, FL 34236

Nearly an acre corner lot with a bank building extensively renovated in 2021 and available for rent.

Space Size6,252 SF
Property Size6,919 SF
Days on Market59

Property Features for 544 South Washington Boulevard

General Information

Standard status Active
Size 6,252 SF
Class A
Property subtype Office
Lease Term NNN

Building Details

Building Size 6,919 SF
Year Built 1941

Spaces For Lease

at 544 South Washington Boulevard Contact us

Downtown SRQ Corner Site $37/SF/Yr

Size
6,252 SF
Type
Retail - Freestanding Building
Term
60 months
Contact us
Listing Agency: SVN | Commercial Advisory Group Sarasota
Listed By: Ben Graham · License #3335799
Source: Svn
Added: Jul 9 Changed: Sep 4 Last Checked: Sep 5 at 7:03AM

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 Sarasota

Investment Insights

Based on property information with market context.

This rental property offers a nearly an acre corner lot in downtown Sarasota, with a building that was extensively renovated in 2021 to accommodate the current bank tenant. The site is positioned as both income-producing and suitable for redevelopment while approvals are pursued with the City of Sarasota.

The property is zoned DTE and is described as very walkable, with Bayfront nearby. The surrounding area is characterized as luxury residential neighborhoods.

For tenants or operators seeking a well-renovated corner building with existing income and modern updates, the current configuration reflects the needs of a bank tenant, while the overall site supports flexibility for other commercial uses in connection with redevelopment planning.

Key Highlights

  • Nearly an acre corner lot in downtown Sarasota
  • Bank building extensively renovated in 2021 and available for rent
  • Income producing with a current bank tenant

Property Analytics

Current Use

MIDFLORIDA Credit Union Credit Union

Suggested Use

Top Pick Auto Parts Store Veterinary Clinic Butcher Grocery & Convenience Store (Bike/Boat/Book/etc) Store Locksmith

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
$5.55 /SF/Yr
CAM

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

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?
Bank - Nearly an acre corner lot with a bank building extensively renovated in 2021 and available for rent.
Where is this bank located?
The property is located at 544 South Washington Boulevard Sarasota, FL.
What is the lease rate?
The lease rate is $37 SF/Yr.
What are key features of this property?
This property features: Nearly an acre corner lot in downtown Sarasota; Bank building extensively renovated in 2021 and available for rent; Income producing with a current bank tenant
More about this property
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