Real Estate investor buys Main Street building

By Business Observer Staff
| 10:00 a.m. January 23, 2015
| 0 Free Articles Remaining!

Tampa Bay-Lakeland

BUYER: Big Main Street LLC (manager: Christopher Brown), Sarasota
SELLER: Bridgestone Retail Operations LLC
PROPERTY: 1710 Main St., Sarasota
PRICE: $1 million
PREVIOUS PRICE: $11,000, February 2014

PLANS, DESCRIPTION:
Business owner and real estate investor Chris Brown purchased a 7,386-square-foot auto repair shop at the corner of Pine Place for $1 million.

The price equated to $135 per square foot. That figure is near the two-year average price per square foot for retail space ($129) in the Tampa Bay area, according to the CoStar Group.