1993 Main St Sarasota, FL 34236
- Community centers
- 91,553 SF
- 2.90 lot acres
Current Use by Public Records
- Regal Hollywood - Sarasota / Movie Theater
- puvlix / Grocery Store
- Regal Grill / Bar & Grill
Property Details for 1993 Main St
- Year built
- 1997
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.90 lot acres
- Property size
- 91,553 SF
- Zone code
- DTC
- Property type
- Community centers
- APN
- 2027-01-0005
- APU
- 2027010005
Description
This exceptional 3.25-acre property at 1993 Main St, Sarasota, FL 34236, presents a prime redevelopment opportunity in Sarasota's vibrant downtown core. Currently featuring a vacant 104,506 square foot storefront building constructed in 1997, this site offers significant potential for mixed-use development, including hotel, condominium, office, or retail uses, or a combination thereof. The property is zoned DTC - Downtown Core and includes an existing 75,000 square foot building on a 2-acre portion of the site, currently generating $1.55 million in annual revenue. A separate 1.25-acre parcel is available for immediate development. The property boasts excellent visibility and accessibility, with frontage on Main Street (US-301) and Fruitville Road, benefiting from high pedestrian and vehicular traffic. An easement provides access to 211 parking spaces in an adjacent garage. Further enhancing its appeal, 20-foot wide sidewalks are being added to Main Street, and the area is experiencing significant redevelopment activity. This is an exceptional land bank opportunity with superior ingress and egress, facilitated by access to four lighted intersections. APN: 2027010005 & 2027010006. Offers are being accepted until June 22nd.
Value Estimation
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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
- -82.5315
- Latitude
- 27.3374
- CBSA code
- 35840
- CBSA name
- NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
