8,076 SF industrial building ideal for manufacturing operations
Located in an Opportunity Zone
Established in 1958 with a sturdy and durable construction
Zoned IGD, providing flexibility for a variety of industrial uses
Strategically situated in the thriving Sarasota area
Ample space for production, storage, and logistical operations
Versatile layout suitable for customization to specific business requirements
Convenient access to transportation and logistical needs
Potential for redevelopment
Well-suited for a wide range of industrial and manufacturing activities
Represents a valuable investment opportunity within the Sarasota commercial real estate market
Description
Introducing a prime opportunity for industrial and manufacturing investors or an opportunity for redevelopment, the 8,076 SF building offers a robust foundation for business success. Built in 1958 for industrial purposes, the property features a generous layout and is zoned IGD. Boasting a strategic location within the Sarasota area, this property presents a compelling investment prospect with its versatile space and potential for customization to meet specific business needs. Whether seeking a new operational hub or an expansion opportunity, this property provides a solid platform for industrial and manufacturing ventures, making it a valuable asset within the Sarasota commercial real estate landscape.
The property is strategically located in Sarasota, FL, offering convenient access to major transportation routes, including I-75 and US-301, making it an ideal hub for industrial operations. Situated in close proximity to Sarasota-Bradenton International Airport and the Port of Manatee, the area provides key transportation infrastructure for businesses. Additionally, the nearby University Town Center offers access to a skilled labor force, further enhancing the appeal of the location for industrial and manufacturing investors. With its strategic position and access to essential resources, this area presents an exceptional opportunity for businesses seeking a prime industrial location.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
