Jordan's Crossing - Sarasota, FL Office Commercial Real Estate
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Downtown Fruitville Gulf Gate Estates 5 Points Bee Ridge Vamo Arlington Park South Sarasota St. Armands Sarasota Springs
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Address
Asking Price
Opportunity Zone | Sarasota ALF
2841 6th St
Jordan's Crossing, Sarasota, FL
Lot Size:1.34Acres
Located within an Opportunity Zone northeast of downtown Sarasota is Welcome Home, assisted living facility. This location is easily accessible from Bradenton or South Sarasota due to the reach of Tuttle Avenue(24,000 daily traffic count) making it a great option for residents across Manatee and Sarasota Counties. Fruitville Road offers direct access to Interstate-75 while the Sarasota-Bradenton International Airport is less than a 15-minute drive away. This property is the ideal Opportunity Zone investment. Location and size of the property coupled with the income currently being produced provides investors with a turn key operation that can be expanded or redeveloped. With an attractive gross monthly income and enough land to develop a new operation or expand current operations, any buyer can meet Opportunity Zone substantial improvement requirements while operating a cash-flowing investment. The current RMF-1 zoning designation allows for 6 units of density per acre. Future land use will allow up for expansion of the current operation. Assemblage of the corner property is also a possibility. A possible rezone and redevelopment or expansion can make this property a valueable, cash-flowing asset for the foreseeable future. See attached proforma for existing and expanded business. These proformas were put together using current expenses and a local operator that is willing to manage the property for a new owner.
$949,000
10 - 16 BED ASSISTED LIVING FACILITY
2831 Ringling Blvd
Jordan's Crossing, Sarasota, FL
Lot Size:1.30Acres
$82,500
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Jordan's Crossing does not have any spaces available for lease. 2 buildings are available for sale.
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