240 N Washington Blvd Sarasota, FL 34236

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Listing Agency Harry E Robbins Associate Show Phone

Listed by Kevin Robbins · License #SL3042951

Source Crexi

Added: Aug 13, 2022 Checked: Jul 15 at 1:48 pm

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Investment Insights

Based on property information with market context.

This newly acquired seven-story office building is located at the entrance to downtown Sarasota, at the corner of US 301 and Fruitville. The freestanding building offers views of the Sarasota skyline and features excellent signage and exposure at a lighted intersection with heavy traffic. The building contains over 50,000 square feet of leasable space. Ground floor retail space is currently occupied by Chase Bank. Floors 3 through 7 feature an indoor atrium, providing an abundance of natural light through exterior and interior windows. The third floor is configured as an executive suite with large private offices, common conference rooms, and a kitchenette, with direct access to the atrium. The 4th and 5th floors are divided into office suites ranging in size from 500 to 1,200 square feet, while the 6th and 7th floors (penthouse) offer large open plans for single users. The building is under new ownership and management, with plans in process for interior updates. The building is surrounded by future development, with projects underway and planned to add residential apartments, hotels, retail, and office space to the area.

Key Highlights

• Spectacular views of the Sarasota skyline.
• Prime location at the entrance to downtown Sarasota with excellent signage and exposure on US 301 and Fruitville.
• Significant leasable space (over 50,000 s/f) within a seven‑story structure.

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FAQs

What type of property is this?

Office building - Seven-story office building with excellent signage and exposure.

Where is this office building located?

The property is located at 240 N Washington Blvd Sarasota, FL.

What is the lease rate?

The lease rate is $26 SF/Yr.

What are key features of this property?

This property features: Spectacular views of the Sarasota skyline.; Prime location at the entrance to downtown Sarasota with excellent signage and exposure on US 301 and Fruitville.; Significant leasable space (over 50,000 s/f) within a seven‑story structure.