Current Use by Public Records
- Retail properties & Spaces
Property Details for 124 Houle Ave
- Year built
- 2024
- Property type
- Retail properties & Spaces
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a brand-new, Class A retail storefront complex in Sarasota, Florida. Located at 124 Houle Ave, this property comprises two buildings totaling 7,500 square feet of net rentable space on a 0.85-acre lot (37,000 sq ft). Construction is slated for completion in the fourth quarter of 2024, with an occupancy date of November 29, 2024. The property features five units, ideal for owner-user scenarios or full leasing. Each building boasts a modern storefront design with an impressive 18-foot eave height, perfect for prominent signage. Built with durable block construction, these structures offer long-term value. Situated conveniently between Houle Ave and Avant Ave, just north of Fruitville Road and west of Interstate 75, this location provides easy access to downtown Sarasota and high visibility. Ample parking is available for tenants and customers. The property is zoned CG - Commercial General, offering flexibility for various retail and office uses. The asking price is $2,250,000, translating to $300 per square foot. This is a value-add investment opportunity in a thriving Sarasota business community. The APN is 0044150029.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Sarasota
- State
- Florida
- Longitude
- -82.4702
- Latitude
- 27.3384
