Restaurant Building with Rear
5666 SWIFT RD Sarasota, FL 34231
For Sale
Contact for pricing
Restaurant building in a strip center with back alley access, equipped with a grease trap and range hood.
Property Size2,075 SF
Price / SF$342.65
Days on Market58
Property Features for 5666 SWIFT RD
General Information
- Standard status
- Active
- Size
- 2,075 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1970
Listing Agency:
RE/MAX Alliance Group
Listed By:
Erick Shumway · License #FL 3252868
Source:
Crexi
Added: May 28
Changed: Jul 10
Last Checked: Jul 24 at 5:59AM
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 RE/MAX Alliance Group
Investment Insights
Based on property information with market context.
This for-sale restaurant property is located in a strip center and has been operating as a restaurant for more than 56 years. The building includes key food-service infrastructure with a grease trap and a range hood, supporting day-to-day kitchen operations. The layout also provides rear access via a back alley, which can be useful for service and deliveries.
The property is situated on the west side of Swift Rd in Sarasota. It is part of an established retail strip environment, and the back alley arrangement provides an additional access point separate from the primary storefront frontage.
For buyers and operators seeking a turn-key-style restaurant site, the presence of a grease trap and range hood helps reduce the work needed to support commercial cooking. The rear access alley can also streamline service-related movements for kitchen operations. Zoning is described as great C-I zoning in the remarks, which may support a compatible range of commercial uses—buyers should verify permitted uses with the appropriate local authorities.
The property is situated on the west side of Swift Rd in Sarasota. It is part of an established retail strip environment, and the back alley arrangement provides an additional access point separate from the primary storefront frontage.
For buyers and operators seeking a turn-key-style restaurant site, the presence of a grease trap and range hood helps reduce the work needed to support commercial cooking. The rear access alley can also streamline service-related movements for kitchen operations. Zoning is described as great C-I zoning in the remarks, which may support a compatible range of commercial uses—buyers should verify permitted uses with the appropriate local authorities.
Key Highlights
- Restaurant building in a strip center, built in 1970
- Located on the west side of Swift Rd, with C‑I zoning
- Operated as a restaurant for over 56 years
Financial Insights For Specialty Retail
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 | $37.4k | $18.00 |
| − Vacancy | −$896 | −$0.43 |
| EGI | $36.5k | $17.57 |
| − OpEx | −$9.1k | −$4.39 |
| NOI | $27.3k | $13.18 |
2,075 SF · lease $18.00/SF/yr · vacancy 2.40% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$390.6K
$341.8K – $455.7K
NOI $27,340 @ 7.0% cap · market cap 3.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$610.2K
$533.9K – $711.9K
NOI $42,713 @ 7.0% cap · market cap 6.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hot Diggity Dog
Restaurant
Mastos Heating and Air ...
Hardware & Home Improvement
FAQs
What type of property is this?
Conventional restaurant - Restaurant building in a strip center with back alley access, equipped with a grease trap and range hood.
Where is this conventional restaurant located?
The property is located at 5666 SWIFT RD Sarasota, FL.
What is the asking price?
The asking price for this property is $711,000.
What are key features of this property?
This property features: Restaurant building in a strip center, built in 1970; Located on the west side of Swift Rd, with C‑I zoning; Operated as a restaurant for over 56 years
