Monterey

Exceptional 0.49-acre property in downtown Sarasota, includes the adjacent parcel at 2010 Princeton St. Zoned Industrial General District (IGD), this versatile property accommodates a wide range of permitted uses, including manufacturing, warehousing, wholesale distribution, light industrial, automotive repair, marine service, contractor operations, and more. Located within a designated Opportunity Zone, the property may provide potential tax advantages for qualified investors, subject to current Opportunity Zone regulations and individual tax circumstances. There is a 3,750 sq ft metal-framed building that is divided into flexible workspaces, approximately 1,000 sq ft of A/C-equipped office space, a reception area, and 2 half baths. The remaining space is configured for warehouse, shop, and service operations and is currently utilized for auto repair, boat sales & repair, and storage. There are 2 large bay doors located on the north & south sides of the building (approximately 10 x 12 & 12 X 12). The adjacent parcel is completely fenced with an access gate. Currently used for boat, trailer, and commercial vehicle storage, providing valuable outdoor storage, fleet parking, or future expansion opportunities. Ideally situated just one block off US-301 and 1.4 miles from Centennial Park Boat Ramp, this property offers excellent access to downtown Sarasota, major transportation corridors, and the waterfront. An outstanding opportunity for an owner-user or investor seeking a well-located industrial asset with flexible zoning and future potential.

Est. Mortgage

$10,088

HOA Fee

$0

Est. Property Tax

$584

Est. Insurance

$665

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.