Newtown Retail Building - Income Producing

For Sale

1922 Doctor Martin Luther King Way, Sarasota, FL 34234

This Sarasota property for sale is located at 1922 Doctor Martin Luther King Way. The current listed sale price for Newtown Retail Building - Income Producing is $399,000. Newtown Retail Building - Income Producing is situated on a lot that is 0.19 acre in size.

Contacts

broker
Michael Migone

SVN | Commercial Advisory Group

Property Details

  • Property Type Retail - Street Retail
  • Property Size 1,764 SF
  • Units 3
  • Lot Size 0.19 Acre
  • Parking Spaces Avail. 9
  • Property Tenancy Multi-Tenant
  • Year Built 1989
  • Date Updated Feb 6, 2025
Discover the vibrant energy and cultural richness surrounding the area of the property located on Doctor Martin Luther King Way in Sarasota, FL. Positioned in a burgeoning business district, the location offers proximity to a range of dining, shopping, and entertainment options such as the Sarasota Jungle Gardens and the Ringling Museum of Art. This thriving community boasts a blend of modern amenities and historical charm, providing an ideal environment for an Office / Office Building investor seeking to establish a presence in a dynamic and diverse locale. With easy access to major transportation routes, the area presents a compelling opportunity for commercial real estate investment.Introducing an exceptional investment opportunity in Sarasota, FL! This well-maintained 1,764 SF building, featuring 3 versatile units, offers a prime location and strategic positioning for maximum business visibility. With its thoughtful design and flexibility to accommodate diverse business requirements, the property presents strong potential for long-term value appreciation. Zoned CBN - Commercial Business Newtown, this property is ideally suited for a Retail / Street Retail investor seeking rental income from multiple units. Don't miss out on this chance to invest in a property with exceptional potential, offering a strong foundation for future success.
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Highlights

  • - 1,764 SF building with 3 units
  • - Prime location in Sarasota area
  • - Versatile spaces for various business needs
  • - Potential for rental income from multiple units
  • - Ideal for Office / Office Building investor
  • - Thoughtfully designed and well-maintained property
  • - Strategic positioning for business visibility
  • - Proximity to amenities and transportation
  • - Flexibility to accommodate diverse business requirements
  • - Strong potential for long-term value appreciation

Getting around

  • 63/100

    Walk Score ®

  • 32/100

    Transit Score ®

  • 64/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Sarasota, FL
  • Neighborhood Amaryllis Park
  • Zip Code 34234
  • Market Southwest Florida Coast

Points of Interest

  • Mobil

    1.03 miles

  • Speedway

    1.22 miles

  • Sunoco

    1.31 miles

  • 7-Eleven

    1.39 miles

  • Chevron

    1.71 miles

  • Marathon

    1.71 miles

  • BP

    1.75 miles

  • Texaco

    1.90 miles

  • Tesla Destination Charger

    3.28 miles

  • ChargePoint

    3.61 miles

  • State Street Parking Garage

    1.72 miles

  • Palm Avenue Parking Garage

    1.75 miles

  • Cell Phone Lot

    1.98 miles

  • Overflow Lot A

    2.03 miles

  • Long Term Parking

    2.16 miles

  • Shade Parking

    2.16 miles

  • Short Term Parking

    2.26 miles

  • Rental Car Parking

    2.29 miles

  • North Parking Garage

    2.76 miles

  • Waldemere Parking Garage

    2.80 miles

  • La Brisa Tacos y Mariscos

    0.84 miles

  • McDonald's

    0.85 miles

  • Wicked Cantina

    1.04 miles

  • Dunkin'

    1.38 miles

  • Siam Gulf

    1.44 miles

  • Kasa Sushi Japanese Restaurant

    1.47 miles

  • Wink Wink Food and Drink

    1.48 miles

  • Bavaro's Pizza Napoletana & Pastaria

    1.55 miles

  • MADE Restaurant

    1.60 miles

  • Bevardi’s Salute !

    1.64 miles

  • Asian grocery

    0.77 miles

  • Walmart Neighborhood Market

    1.21 miles

  • Publix

    1.24 miles

  • Whole Foods Market

    1.60 miles

  • Key Food

    1.85 miles

  • Big Lots

    2.42 miles

  • Bealls

    2.44 miles

  • Detwiler's Farm Market

    2.58 miles

  • Walmart Supercenter

    2.75 miles

  • Westfield Siesta Key

    4.03 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Michael Migone

SVN | Commercial Advisory Group

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