Keller Williams Realty South Tampa Market Center

Home for Sale at 1001 Cocoanut Avenue, Sarasota, FL 34236

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Sarasota, FL 34236
Listing# A4408470
 
 
 
 
Price: $400,000
Sq. Feet: 9907
Type: Commercial
County: Sarasota
 
 
 
 
    Photo of home for sale at 1001 COCOANUT AVENUE, Sarasota FL
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Property Description:
 
 
 
 
THE STARLITE. A well-known, established restaurant in the heart of downtown Sarasota in a prime location. The building and land are offered as a separate purchase option or in combination of both. Foreign investors are welcome. Business including real estate qualify for the Green Card. The Starlite is located in near proximity to the Van Wezel Performing Arts Hall. The Starlite Room is the home to many local artists and boasts with jazz, theater and show performances. The first floor serves as the main restaurant with the stage. There are 60 seats available and can be extended. The bar is located partially out of sight form the restaurant. The fully equipped commercial kitchen is located on the first floor. There are 36 private parking spaces. The second floor is being utilized for private parties and events. Large glass doors lead to the outside terrace with plenty of comfortable seating. The third floor can be reached by the elevator with owner’s key only. It is home to the office, storage rooms AND the Penthouse Studio. The studio can be expanded to a one or two-bedroom apartment. Glass doors lead form the studio to a vast terrace with breathtaking views of the Sarasota Bay and the downtown. The Penthouse is in the monthly lease included. A five-year lease is in place with option for extension. The current monthly rent is $7,333. The owner of the business will train and provide consulting. Inventory, FF&E and the all liquor license 8COP, are included.

 
 
 
 
OVERVIEW:
 
 
 
 
Property Type:Commercial
Property Subtype:Business
Listing Status:Active
Year Built:2008
Construction Materials:Brick
Square Feet:9907
Lot Square Feet:22640
Acres:0.50
Lot Features:Corner Lot, In City Limits, Near Public Transit, Sidewalk, Street Lights, Street Paved
Total Acreage:1/2 Acre to 1 Acre
Parking Features:Over 30 Spaces
Heating:Electric
Cooling:Central Air
Utilities:Electricity Available, Gas, Phone Available, Public
 
 
 
 
FEATURES:
 
 
 
 
Water Body Name:SARASOTA BAY
Waterfront Features:Bay/Harbor - Partial
 
 
 
 
FINANCIAL:
 
 
 
 
Listing Price:$400,000
Annual Taxes:$30,684
Tax Year:2017
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Data Last Updated: 08/17/2018, 10:33:48 AM

 

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