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Downtown Sarasota Mixed-Use Retail Space
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1991 Main St, Sarasota, FL 34236

Premier retail spaces in a vibrant downtown mixed-use development.

Property Size4,791 SF
Days on Market1741

Property Features for 1991 Main St

General Information

Standard status Active
Size 4,791 SF
Property subtype Retail
Listing Agency: Harry E Robbins Associate
Listed By: Kevin Robbins · License #SL3042951
Source: Crexi
Added: Oct 28, 2021 Changed: Jul 10 Last Checked: Aug 2 at 2:39PM

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 Harry E Robbins Associate

Investment Insights

Based on property information with market context.

Located in Downtown Sarasota, this mixed-use development at 1991 Main Street features two 10-story buildings with 424 luxury apartment residences above ground-floor retail spaces. The location offers high visibility with strong vehicular and pedestrian traffic. Retail spaces range from approximately 1,546 to 4,791 square feet, suitable for restaurant, retail, medical, fitness, or professional service users. The property benefits from access to four signalized intersections. Sidewalks are 20-foot-wide along Main Street, with the option for outdoor sidewalk seating. The location is surrounded by residential, office, hospitality, and cultural destinations, offering retailers visibility and consistent foot traffic in Sarasota’s urban core.

Key Highlights

  • Premier mixed‑use development in the heart of Downtown Sarasota.
  • 424 luxury apartment residences above ground‑floor retail provide a built‑in customer base.
  • Exceptional visibility and strong vehicular/pedestrian traffic on Main Street.

Property Analytics

Current Use

Sarasota Main Plaza Department Store Aster & Links Real Estate Agency EMC Insurance Co Insurance Agency 1 Main Plaza Condominium Complex Jessica Wright Law Firm

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Clothing & Fashion Store Veterinary Clinic Florist Fish Market

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
$6.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,759
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

Lease Benchmarks for Sarasota, FL

$39.21 /SF/Yr
Avg Asking Price
$32–$43.44 /SF/Yr
Price Range
1,387 SF
Avg Space Size

This space is priced 15% above the average of $39.21 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Premier retail spaces in a vibrant downtown mixed-use development.
Where is this retail space located?
The property is located at 1991 Main St Sarasota, FL.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: Premier mixed‑use development in the heart of Downtown Sarasota.; 424 luxury apartment residences above ground‑floor retail provide a built‑in customer base.; Exceptional visibility and strong vehicular/pedestrian traffic on Main Street.
(941) 724-2321 Call to check price and availability
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