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6021 Midnight Pass Rd, Sarasota FL, 34242
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1877 Northgate Blvd, Sarasota, FL – $885,000

  • $885k Price
  • 8,858 Sqft
  • .61 Acres
  • 293 DOM
  • $885k Price
  • 8,858 Sqft
  • .61 Acres
  • 293 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

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

Additional Information

  • Days on Market293
  • ZoningCI
  • Taxes$9,943
  • Tax Year2018
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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%)

Listing provided courtesy of Coldwell Banker Res R E

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Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.

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

Listing information last updated on September 18th, 2019 at 10:00pm EDT.