1877 Northgate Blvd

$795,000, 8,858 Sqft .61 Acres

About This Property

This is a 100% leased two-story office building located near downtown Sarasota. This is the first time it has been offered for sale by the original owner. The Net Operating Income is $64,100., cap rate is 7.25%, with rent roll info available to serious investors; The leases are a blend of NNN and gross; good onsite parking, with 16 of the spaces under a carport. Roof and A/C have been replaced. The building is located near the entrance to Northgate; please do not disturb the tenants;

Essential Information

MLS® #A4420637
Price$795,000
Bathrooms0.00
Square Footage8,858
Acres0.61
Year Built1986
TypeCommercial
Sub-TypeOffice
StatusActive

Community Information

Address1877 Northgate Blvd
AreaSarasota
SubdivisionNorth Gate Center
CitySarasota
CountySarasota County
StateFL
Zip Code34234

Amenities

UtilitiesPublic

Interior

InteriorCarpet
HeatingElectric
CoolingCentral Air

Exterior

ExteriorBlock
Lot Description1/2 Acre to 1 Acre

Additional Information

Days on Market491
ZoningCI

Listing Details

OfficeColdwell Banker Realty

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1877 Northgate Blvd, Sarasota (MLS® #A4420637) Property History

Price Reduced from $885,000 to $795,000
Price Reduced from $949,000 to $885,000

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Listing data comes from My Florida Regional MLS.

Listing information last updated on April 3rd, 2020 at 7:45pm CDT.

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