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Sarasota-Manatee
Business Observer Sunday, Sep. 19, 2021 2 months ago

Prominent four-story spa building sold for $3.35 million

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Downtown Sarasota building was constructed in 2000.

The Laser Lounge Spa, based in Naples, is making a big investment in the Sarasota region. The company, which, along with its sister brand, The Aesthetics Lounge & Spa, has a combined 11 locations nationwide, recently purchased a prominent four-story building in downtown Sarasota, the former home of the John Carl Spa & Salon.

The owners of The Laser Lounge Spa, husband-and-wife team Jonathan and April Sigg, paid $3.35 million for the property, on 1345 Second Street, according to a statement. The property will become the flagship location for the Laser Lounge Spa, the release adds. The company’s locations offer services like laser hair removal, dermal fillers, lip enhancement and facials

SVN Commercial Advisory Group advisors handled both sides of the deal: Gail Bowden represented the sellers, Raymond Pepper and Richard Day, while Ryan McDonald represented the Siggs.

Constructed in 2000 by local architect Max Lassiter, the building and covered parking facility contain more than 15,000 square feet, which includes an elevator and a European-style kitchen. A spiral staircase connects the third and fourth floors, while the roof is fully accessible and offers panoramic views of Sarasota Bay.

“I was looking all over for the right space, even one that the buyer could lease,” McDonald says in the release. “We wanted the best fit for The Laser Lounge and the clientele they bring in. When I went through an open house Gail was holding, I was thinking this would be a really good space for them.”

Jonathan Sigg says the couple will operate The Laser Lounge Spa on the building’s second floor, and use the third and fourth floors as short-term rentals for vacationers. The ground floor will contain a hair and nail salon. The building is already set up the way they would have wanted it, he adds, with just some cosmetic remodeling of floors and fixtures to do. “It’s a rare find,” Sigg says in the statement. “We expect big demand with this being in the historical downtown district.”

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