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1877 Northgate Blvd, Sarasota, FL – $885,000

  • $885k Price
  • 8,858 Sqft
  • .61 Acres
  • 321 DOM
  • $885k Price
  • 8,858 Sqft
  • .61 Acres
  • 321 DOM

1877 Northgate Blvd

This is a 100% leased two-story office building located near downtown Sarasota. This is the first time it has been offered for sale by the original owner. The Net Operating Income is $64,100., cap rate is 7.25%, with rent roll info available to serious investors; The leases are a blend of NNN and gross; good onsite parking, with 16 of the spaces under a carport. Roof and A/C have been replaced. The building is located near the entrance to Northgate; please do not disturb the tenants;

Essential Information

  • MLS® #A4420637
  • Price$885,000
  • Bathrooms0.00
  • Square Footage8,858
  • Acres0.61
  • Year Built1986
  • TypeCommercial
  • Sub-TypeOffice
  • StatusActive
  • Taxes$9,943
  • CDDN

Community Information

  • Address1877 Northgate Blvd
  • AreaSarasota
  • SubdivisionNorth Gate Center
  • CitySarasota
  • CountySarasota County
  • StateFL
  • Zip Code34234

Amenities

  • UtilitiesPublic

Interior

  • InteriorCarpet
  • HeatingElectric
  • CoolingCentral Air

Exterior

  • ExteriorBlock
  • Lot Description1/2 Acre to 1 Acre

Pet Information

  • Pets AllowedN

Additional Information

  • Days on Market321
  • ZoningCI

Listing Details

  • OfficeColdwell Banker Res R E
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Price Change History for 1877 Northgate Blvd, Sarasota, FL (MLS® #A4420637)

Date Details Change
Price Reduced from $949,000 to $885,000 $64,000 (6.74%)

Coldwell Banker Res R E.

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on October 16th, 2019 at 8:45am EDT.