Perfect for Owner Occupant financing with 2 additional income producing units. Neighborhood Strip Mall in popular South Gate/Forest Lakes area of Sarasota. Consists of 4 rental units (potential to reconfigure for 5 units) on the north end of the shopping center. 2 of the 4 units are leased by franchise tenants. 2 units are available for lease. 7% cap is based on proforma. All units are separately metered & tenants pay utilities. Unit 3599 has a new roof and remaining units have a transferrable 15 year Permaseal roof coat. Updated electrical and new overhead plumbing supply lines. Large canopy covered area for outside sales or seating. Multi-year leases have pass-thru provision for taxes & insurance adjustments. Zoned CG. Management in place @ 2% of gross collected. Check with your commercial banker on 51% owner occupied financing that may be available on this building.
Busy signaled, multi-lane intersection with good car count. Excellent visibility at the intersection of Beneva Rd and Webber St. - Parking description: Marked parking in front and additional angle parking adjacent to the alley behind the building - Area description: Neighborhood retail surrounded by established neighborhoods of South Gate and Forest Lakes in the heart of Sarasota - Number of buildings: 1 - Tenancy: Multiple Tenants
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