Commercial: MLS #480667 Sarasota, $ 399,000
Commercial: MLS #480667
$ 399,000
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Commercial: MLS #480667

Sarasota, , 00000
$ 399,000
Baths0.0 Sq 3,300

Monthly Estimate*

$ 2,787

MLS #/Web ID: 480667 - Image 1
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Studio Commercial Property for sale in Sarasota for $399,000. This 3,300 square foot building was built on a lot size of 0.075758.

Welcome to a unique opportunity on the West Coast of Florida. Established in 2005, this Deli with an emphasis on Italian products, serves a loyal clientele from the Tampa Bay area to Port Charlotte. Open Monday to Saturday from 10 to 6, featuring imported Italian products and popular delicacies has lots of room for growth. The owner is moving on and is looking for someone to continue the traditions. With very little competition, this Italian market currently has 7 employees. Lease is currently at $3200 with a 2% yearly increase. Yearly income is about $600K and Misc. expenses around $2000 not including rent and payroll.. All equipment is included in the sale ...all in excellent condition. Walk-in cooler was replaced in March of 2024. Nothing is leased and everything is included in the sale. Expenses about gas, electric, water/sewer, garbage and internet are available upon request. Please note that this business could also be acquired by a foreign resident from almost 100 countries with a non-resident VISA (ask for details). Income, growth potential, business terms, location are business longevity are some of the attractive features this long- established business has to offer. There is seating for up to 60 people to enjoy lunch/brunch. There are no restrictions on the hours of operation and therefore dining services can be added. Same is true for adding breakfast service. Owner is willing to stay and transition new owner to the operation (running the business, meeting vendors, etc) as well as meeting the established clientele. For that person looking to own his business in a great location, this is an opportunity worth looking at. Don't wait until retirement to move to Florida. Enjoy work before you enjoy retirement.

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Commercial Active

Price

$ 399,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Business Only

Lot Size

0.075758

Town/City

Sarasota

MLS | Web ID

480667

Features
General
Equipment Included Everything included in the sale. Mostly new equipment. New walk-in cooler March 2024. Nothing is leased.
Ceiling Height 11-15 Foot
Roof Flat
current use Retail
Zoning C
Property Type Commercial
Transaction Type Sale
Financing Cash
Building Type Attached
Status Active
Construction Materials Brick
Cumulative Days on Market 36
MLS Area Other
Sub Type Business Only
City Sarasota
DOM 36
Coming Soon Welcome to a unique opportunity on the West Coast of Florida. Established in 2005 this Deli with an emphasis on Italian products serves a loyal clientele from the Tampa Bay area to Port Charlotte. Op
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Interior
Walls Other
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Exterior
Foundation Poured Concrete
Parking Attrib Other
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Empire State Realty Group

Broker

(646) 932-4441

Phone

Affordability Calculator

$2,787
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,787
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/19/2024$399,000 Listed Price

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