6455 Gateway AVENUE
SARASOTA, FL, 34231

Price$1,495,000
Beds0
Baths0
SqFt3,150

Status:Active
Property Type:Commercial
School:
Prime Corner Location Multi-tenant Retail Anchored W 4-way stop at Entrance to a Publix

Welcome to a RARE COMMERCIAL (CG) Multi-tenant opportunity in the heart of Gulf Gate, Sarasota’s premier commercial destination. Situated on a highly coveted corner lot, this property boasts the highest and most desirable zoning in Sarasota County, CG, granting limitless possibilities for commercial ventures ranging from restaurants to bars & beyond. Whether you’re seeking to capitalize on the thriving Sarasota market , looking for a savvy investment opportunity, or planning to establish your own business in a prime location, this property presents an irresistible value-add proposition.

~+~Key Features:

~+~Prime Corner Location: Anchored by a 4-way stop at the entrance to a Publix, this property enjoys unrivaled visibility and accessibility, serving as a gateway to Siesta Key
~+~CAP Rate 7.26%
~+~1 Store rented for $3500 NNN, 2 Stores Owner Occupied will be Vacant and Ready for you to Occupy/Rent
~+~Newly Rebuilt: Freshly rebuilt with a Certificate of Occupancy obtained in July 2023, featuring three separate store fronts with addresses (6455, 6445, 6435 Gateway Avenue) under one roof
~+~Comprehensive Renovation: Underwent a total interior demo down to four concrete walls, this property boasts a full rebuild encompassing all-new electrical, plumbing, firewalls, ductwork/HVAC, framing, drywall, glass installations, parking, and lighting, bubble eye cameras/security system
~+~ADA Compliant Restrooms: 3 Restrooms – Each store front is equipped with an ADA-compliant restrooms
~+~Deeded Parking: Only Corner parcels in Gulf Gate include Deeded parking – enjoy the exclusive privilege of 12 deeded parking spaces, with the opportunity to add 5-6 more spaces
~+~Value-Add Potential: See enclosed Zoning Verification – can ADD 2 Apartments + 1 Commercial Store or make the entire 2nd floor commercial by adding three or more additional commercial storefronts, maximizing the property’s earning potential
~+~Value-Add Potential: Short Term Rental – LESS than 2 Miles to Siesta Key Beach – if new owner adds 2 apartments upstairs they can be Short Term Rentals (Daily). Gulf Gate is a Residential Area with a 30 day minimum for Short Term Rental – so to have the opportunity for Daily Rentals in Gulf Gate is RARE
~+~Strategic Signage: Benefit from a marquis sign and electric box sign, both grandfathered in, with the potential (Buyer to confirm) to add billboard signage atop the building for added income stream.
~+~Strategic Location: Just 1.9 miles from the pristine white sands of Siesta Key Beach, and situated at the entrance to Sarasota Pavilion, home to major retailers including Publix, Panera, Ross, Marshall’s, and more, this property enjoys unparalleled exposure and foot traffic.
~+~Fee simple 10,742 Square feet of land – buildings in Gulf Gate look attached, but they are FREE STANDING, FEE SIMPLE Buildings
~+~Vibrant Surroundings: Nestled within Gulf Gate Village, an “outside” walking mall boasting over 150 small businesses, specialty retail shops, bars, restaurants, and international markets, this property offers tenants and patrons alike a vibrant and eclectic atmosphere. Whether you’re seeking to capitalize on the thriving Sarasota/Southwest Florida market, looking for a savvy investment opportunity, or planning to establish your own business in a prime location, this property presents an irresistible value-add proposition.


Listing provided by: AMY ROBINSON REAL ESTATE LLC, Amy Robinson | amy@amyrobinson.com | 941-346-7000

Source: Stellar MLS, MLS#: A4609337

Price $1,495,000
Total Baths 0
Lot Size Area 10742
Lot Size Area Units Square Feet
Acres 0.25
Property Type Commercial
Sub type Retail
MLS Sub type Retail
Year Built 2023
Subdivision GULF GATE
Roof Membrane
Heating Central
Foundation Slab
Lot Description Central Business District, Corner Lot, Sidewalk
Parking Description 6 to 12 Spaces
Directions Stickney Point / Clark Road to Gateway Ave, South at Gateway light to 4 way stop at Gateway Ave and Mall Ave – Building on SE Corner of Gateway and Mall at 4 way stop.
County Sarasota
Latitude 27.261729
Longitude -82.516276
Market Area 34231 – Sarasota/Gulf Gate Branch
Address 6455 Gateway AVENUE, SARASOTA, FL 34231
Postal Code 34231
City SARASOTA
State FL
Country United States
Listing Office AMY ROBINSON REAL ESTATE LLC
Listing Office Phone 941-346-7000
Listing Agent Amy Robinson
Listing Agent Phone 941-346-7000
Special listing conditions None
Ownership Sole Proprietor
Terms Cash, Conventional, Lease Back
Days on market 20
MLS Status Active
Listing Date May 2, 2024
Listing Last Modified May 22, 2024
Tax ID 0104010009
Tax Year 2023
Tax Annual Amount 5914
MLS Area 34231 – Sarasota/Gulf Gate Branch
MLS # A4609337

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