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1877 Northgate Blvd, Sarasota, FL

$885,000 - $885k Price - 8,858 Sqft - .61 Acres - 267 DOM

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

For 1877 Northgate Blvd, Sarasota, FL
  • MLS® # A4420637
  • Price $885,000
  • Bathrooms 0.00
  • Square Footage 8,858
  • Acres 0.61
  • Year Built 1986
  • Type Commercial
  • Sub-Type Office
  • Status Active

Community Information

For 1877 Northgate Blvd, Sarasota, FL
  • Address 1877 Northgate Blvd
  • Area Sarasota
  • Subdivision North Gate Center
  • City Sarasota
  • County Sarasota County
  • State FL
  • Zip Code 34234

Amenities

For 1877 Northgate Blvd, Sarasota, FL
  • Utilities Public

Interior

For 1877 Northgate Blvd, Sarasota, FL
  • Interior Carpet
  • Heating Electric
  • Cooling Central Air

Exterior

For 1877 Northgate Blvd, Sarasota, FL
  • Exterior Block
  • Lot Description 1/2 Acre to 1 Acre

Additional Information

For 1877 Northgate Blvd, Sarasota, FL
  • Days on Market 267
  • Zoning CI

Listing Details

For 1877 Northgate Blvd, Sarasota, FL
  • Office Coldwell Banker Res R E

Price Change History for 1877 Northgate Blvd, Sarasota, FL (MLS® #A4420637)

Date Details Change
Price Reduced from $949,000 to $885,000 $64,000 (6.74%)

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on August 23rd, 2019 at 10:00am CDT.