Medical Office Building Plus Rental Income

Office for Sale
Catylist Listing ID: 29984410
Property Subtypes: Medical
Building Size (RSF): 6,600 SF
Gross Land Area: 0.95 Acres
Sale Price: $990,000
Unit Price: $150 PSF
Property Use Type: Vacant/Owner-User
Building Name: 655 N. Indiana Ave.
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/17/2017

Overview / Comments

HUGE OPPORTUNITY!! Great location near the intersection of 2 busy main roads in Englewood. 6600 SF of office space available for sale. Building 1 is being utilized as a Dr.'s Office that includes a large reception, ample storage and up to 8 patient rooms. Equipped with 2 restrooms, a break room and 2 nice sized administrative offices. Additional garage storage in the rear of building.
Building 2 has been nicely updated and enjoys up to 4 individual spaces that have the potential to be rented out separately to maximize the use. Ample parking is provided for both buildings in front and to the rear of the property.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0496080003
Area Description: Great location near the intersection of 2 busy main roads in Englewood. 6600 SF of office space available for sale.
Year Built: 1991

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,422 18,066 39,552
Median Age: 62 62.91 60.03
Households: 1,812 9,456 19,914
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