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2192-2198 Princeton St
Sarasota, FL 34237 Downtown Sarasota

$3,750,000 USD

Manufacturing For Sale  •  20,514 SF

Property Details

  • Property Type Manufacturing
  • Total Building Size 20,514 SF
  • Lot Size 1.21 AC
  • Building Class B
  • Year Built 1973
  • Tenancy Multiple
  • Zoning IGD
35 Transit Score
63 Walk Score

Highlights

Fully Leased Multi-Tenant Industrial / Flex Investment Featuring 4 Commercial Spaces and 4 Detached Rear Garage / Storage Units
In Excess of $300K in Gross Annual Income w/ 3% Annual Contractual Rent Increases
Expense-Efficient Operating Structure w/ Tenants Paying All Utilities & Majority of Tenants Covering HVAC Maintenance
Industrial General District Zoning (IGD) Allowing a Broad Range of Industrial, Service, Flex & Contractor-Oriented Uses
Diversified Service-Oriented Industrial Tenant Mix and Rock-Solid 1973 Masonry Construction Located in a Non-Flood Zone
Secure & Functional Site Layout Featuring a Gated, Fenced Rear Yard w/ Ingress / Egress from Both Princeton & Cornell Street

Property Flyers

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Storage Space
  • Air Conditioning
  • Perimeter Security Fence

Public Transportation

AirportDriveWalkDistance
Sarasota/Bradenton International 15 min - 5.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 57
Type: Surface
Included in Rent: Yes
Phil Ginexi 941-444-6160 The Multifamily Firm, LLC
Phil Ginexi 941-444-6160 The Multifamily Firm, LLC