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2289-2291 Ringling Blvd
Sarasota, FL 34237 Downtown Sarasota

$999,000 USD

Restaurant Condo For Sale  •  2,539 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 2,539 SF
  • Lot Size 0.11 AC
  • Building Class B
  • Year Built 1956
  • Cap Rate 3.72 %
  • Tenancy Multiple
  • Zoning CG - Commercial General
38 Transit Score
74 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 2289-91 Retail 2,539 SF $999,000 USD
  • Unit Size: 2,539 SF
  • Condo Use: Retail
  • Price: $999,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $393.46 USD
Sale Notes
2289 Ringling Blvd, Sarasota, FL 34237. This single-story, two-unit commercial building sits on the northwest corner of Ringling Boulevard and Lime Avenue, a high-visibility corridor just minutes from Downtown Sarasota. Built in 1956, the property contains two separate units, totaling approximately 2,539 SF on a 0.11-acre lot. The building is currently a pizzeria. Zoned Commercial General (CG), the property o?ers exceptional flexibility for a variety of uses, including retail, office, or restaurant space. This is a prime opportunity to acquire a well located, income-producing asset with significant value-add potential in a thriving market.

Description 

2289 Ringling Blvd, Sarasota, FL 34237. This single-story, two-unit commercial building sits on the northwest corner of Ringling Boulevard and Lime Avenue, a high-visibility corridor just minutes from Downtown Sarasota. Built in 1956, the property contains two separate units, totaling approximately 2,539 SF on a 0.11-acre lot. The building is currently a pizzeria. Zoned Commercial General (CG), the property offers exceptional flexibility for a variety of uses, including retail, office, or restaurant space. This is a prime opportunity to acquire a well located,income-producing asset with significant value-add potential in a thriving market.

Property Flyers

Financial Summary

Cap Rate: 3.72 %
Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
Fresh Mozzarella Pizzeria 2,539 SF

Public Transportation

AirportDriveWalkDistance
Sarasota/Bradenton International 12 min - 5.8 mi
Ryan Leffler 941-949-6919 Leffler & Associates, Inc.
Ryan Leffler 941-949-6919 Leffler & Associates, Inc.