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240 Washington Blvd Sarasota, FL 34236

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For Sale
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Prime location, 50,459 SF, development potential

Property size:
50,459 SF

Property Features for 240 Washington Blvd

General Information

Property type
Office Properties & Spaces
Square Feet
50,459 SF
Class
B

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Listing Contact
Kevin L Robbins
Kevin L Robbins

Listing Agency: Harry Robbins Assoc Inc Listing Agent: Kevin L Robbins

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 50,459-square-foot, seven-story Class B office building presents a remarkable investment and development opportunity in the heart of downtown Sarasota, Florida. Situated on a prominent corner lot at 240 N Washington Blvd, 34236, this 0.93-acre parcel is the largest remaining assemblage with Downtown Core (DTC) zoning, offering unparalleled potential. The property benefits from its location within Block 1 of the new Park District, a vibrant mixed-use development projected to include 1,250 apartments, office spaces, retail establishments, and various attractions. Current zoning allows for a base density of 50 units per acre, with bonus density potentially increasing this to 200 units per acre. A parking easement secures approximately 150 spaces in a planned adjacent apartment building. The site's strategic location at the entrance to the downtown core ensures high visibility and easy pedestrian access to an abundance of shopping, dining, and entertainment options, boasting a high walkability score. Excellent visibility is further enhanced by its frontage on Fruitville Road, East Avenue, and North Washington Boulevard, with convenient access to a signalized intersection at Fruitville and East Avenues, and easy access to Main and Washington. The property's location within an Opportunity Zone adds further investment appeal. The existing building offers the potential for renovation and continued office use, or redevelopment into a mixed-use project incorporating retail, office, restaurant, multi-family, and hotel components.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Chase Mortgage Loan Service MethodFactory - Full-Service Digital ... Advertising Agency Mark Porter, Ed.D., ... Physician Sylint Group Business Management Consultant Interactive Computer Electronics & Wireless Store

Suggested Use

Restaurant Dental Office Spa & Massage Center Hair Salon Law Firm Nail Salon Daycare Center Real Estate Agency Building Supply Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Sarasota
County
Sarasota
State
Florida
Longitude
-82.530665698294
Latitude
27.338804559822

FAQs

What type of property is this?
Office Property / Space - Prime location, 50,459 SF, development potential
Where is this office property / space located?
The property is located at 240 Washington Blvd Sarasota, FL.
What are key features of this property?
This property features: 50,459 SF Class B office building in Downtown Sarasota, FL.; Located on a prominent corner lot within the new Park District, a mixed-use development with planned apartments, retail, and other amenities.; 0.93-acre site with a parking easement for approximately 150 spaces in a nearby building.
(941) 724-2321 Call to check price and availability
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