2530 17TH STREET

Property Details

Description

BUSINESS + REAL ESTATE | SARASOTA, FLORIDA. Total Offering Price: $4,132,000 Business Value: $932,000 Real Estate + Business Offered Together. Rare opportunity to acquire Hap’s Cycle Sales, Inc. and the underlying real estate at 2530 17th Street in Sarasota, Florida. This offering combines an established, family-owned powersports dealership with substantial commercial real estate, an established customer base, experienced personnel, and potential for future expansion. Hap’s has been family-owned and operated since 1948, creating an exceptional 78-year operating history and a well-established name in the Sarasota market. ESTABLISHED BUSINESS Hap’s Cycle Sales is a true old-school, customer-focused powersports dealership. Customers come not only to purchase products, but also to visit, talk motorcycles and enjoy the dealership experience. The dealership specializes in powersports products including motorcycles, ATVs, UTVs and scooters. Employees are passionate riders themselves, and ownership remains actively involved in the business. The dealership maintains trained and certified staff representing the brands it sells, while the sales team focuses on helping customers find the right product without high-pressure sales tactics. Customers can communicate directly with their service technicians and see their motorcycles being worked on—an increasingly uncommon level of transparency and customer interaction. Hap’s has developed a strong reputation within the Sarasota community, reflected by an approximately 4.7 out of 5-star Google rating based on nearly 350 reviews. The combination of longevity, customer relationships, experienced employees and owner involvement provides an incoming owner with an established platform rather than starting a new dealership from the ground up. The property provides a substantial commercial operating facility consisting of approximately 28,062 SF under roof, 24,600 SF approximately air-conditioned. Rear building with partial-height masonry walls and insulated metal siding above. Additional potential for future building expansion. The existing improvements provide a large footprint for dealership operations, sales, service, inventory and related uses, while the additional building potential creates an opportunity for future growth. The offering provides the opportunity to acquire three important components in one transaction: 1. Established Business A family-owned Sarasota business operating continuously since 1948. 2. Significant Commercial Real Estate Approximately 28,062 SF under roof with approximately 24,600 SF of air-conditioned space. 3. Future Growth Potential. Additional opportunity to expand the physical improvements and potentially grow the business operation. Total Purchase Price: $4,132,000. The purchase price includes the real estate and Hap’s Cycle Sales, Inc. business. The business component is valued at $932,000. CONFIDENTIALITY Detailed financial, operational and other proprietary business information will be provided only after receipt and acceptance of an acceptable contract and execution of a Non-Disclosure Agreement (NDA). Hap’s Cycle Sales represents a rare opportunity to acquire an established Sarasota powersports business, its operating real estate, decades of customer goodwill and a platform for future growth—all in one acquisition.

Facts & Costs

Property type

Retail

Building size

28,062 sq ft

Zoning

IGD

Road frontage

Business District, City Street, Main Throrughfare

Year built

1963

Lot size

1.47 acres

Price per sq ft

$147

Days on market

4

Waterfront

No

County

Sarasota

Flood zone

AE

Monthly & yearly costs

Property taxes

$43,063 / year (2025)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Utilities

Private

Sewer

Septic Tank

Water

Well

Lot features

Central Business District, City Limits, Near Public Transit, Sidewalk, Street Lights, Paved

Heating

Central

Cooling

Office Only, Central Air

Flooring

Concrete, Tile

Roof

Built-Up

Construction

Block, Concrete, Metal Siding, Stucco

Parking

Over 30 Spaces

Payment Estimate

$24,482 / month

Principal & interest

$20,894

Property taxes

$3,589

HOA

$0

Home insurance

enter below

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location