SARASOTA, Fla. - eTradeWire -- Sarasota Lock & Key, a family-owned and operated locksmith serving the Sarasota area since 1925, has purchased a 4,620-square-foot showroom/warehouse property at 1770 N. Washington Blvd. near downtown Sarasota for an undisclosed price.

George Brusco, CCIM, of Ian Black Real Estate represented the seller, Golf Coast Yamaha Inc., doing business as Golf Coast Golf Carts, in the transaction. Golf Coast Golf Carts operated from the location for 38 years, and the sale follows the owner's decision to retire.

The acquisition gives Sarasota Lock & Key a larger, more visible home for its growing business. The company will relocate from a leased 2,640-square-foot space at 1342 N. Lime Ave. to the N. Washington Blvd. property later this year.

"This property is an ideal fit for Sarasota Lock & Key because it gives the company the visibility, space and ownership opportunity it was looking for in a location near downtown Sarasota," said Brusco, broker associate with Ian Black Real Estate. "It is a move-in-ready showroom/warehouse building with parking in front and storage in the rear, which aligns well with how the business serves its customers."

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Sarasota Lock & Key provides residential, commercial and automotive locksmith services, including lock repair, rekeying and installation, storefront door locks, antique and cabinet lock keys, door closers, emergency exit devices, master key systems and safe combination changes and repairs.

Located on US 301 near 17th Street, the N. Washington Blvd. property features prominent frontage along one of Sarasota's key arterial routes, with an average daily traffic count of 50,000 vehicles. Built in 2007, the single-story commercial building sits on an approximately 24,825-square-foot parcel and includes a flexible floor plan combining showroom, office and warehouse components, along with 7,800 square feet of secured, fenced outdoor storage area.

About Ian Black Real Estate

Ian Black Real Estate (IBRE) is a boutique commercial real estate brokerage firm located in Sarasota, Fla. The firm is one of the largest commercial brokerage firms in Southwest Florida and boasts a deep knowledge of the commercial real estate market in Sarasota and Manatee counties and the surrounding area. For more information, visit ian-black.com.