Opportunity Zone Downtown Core Parcels
Land | 0.37 acres
Marketing description
Rare opportunity to purchase two prime downtown Sarasota parcels for development in an Opportunity Zone!
Seize this chance to acquire two adjacent parcels in the Downtown Core in Sarasota, FL. These lots boast 96' feet of frontage on South Osprey Avenue and are 172' deep.
25 S. Osprey Avenue is currently the home to a 2,047 square foot Victor Lundy commercial building. Both parcels currently provide income from leases with short term termination clauses.
Zoned Downtown Core (DTC), the property is ideally positioned for redevelopment making it perfect for apartments/condos (zoning allows for 50 units/acre), retail or office.
Located towards the east end of Main Street near newly developed multifamily, Sprouts grocery, restaurants and other commercial retail establishments.
Investment highlights
- RARE OPPORTUNITY - OPPORTUNITY ZONE URBAN INFILL SITE
- 2 Parcels in the heart of Downtown Sarasota
- 96' frontage on South Osprey Avenue
- Total of 0.375 Acre/16,340 SF
- Downtown Core Zoning - allows for 50 units/acre
- Includes 1957 Sarasota School of Architecture Building
- Bring Offers
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