Siesta Key Retail Building with Parking For Sale!

The Arches of Siesta Key
5214 & 5216 Ocean Blvd, Sarasota, FL 34242

Property Subtypes: Mixed Use
Building Size (RSF): 9,458 SF
Gross Building Area: See Agent
Gross Land Area: 13,529 SF
Sale Price: $2,950,000
Unit Price: $311.91 PSF
Property Use Type: Investment
Building Name: Arches of Siesta Key
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/6/2016

Overview / Comments

Rarely available mixed use center in the heart of Siesta Key Village
Restaurant space leased through 2016
Property includes 16 onsite parking spaces
3 tenanted residential units
Fabulous location, great opportunity for a retailer or investor
to own prime real estate on Siesta Key
CG zoning allows for 3 grandfathered residential units to be part of future development

Contact Ian Black Real Estate to inquire further.

(941) 906-8688



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