Discover a rarely available gem located at the gateway to downtown Sarasota. The historic Reserve Retreat is positioned with prime visibility in the vibrant downtown arts district. Set on a 0.26-acre lot with frontage along North Tamiami Trail/US41 as well as along 14th Street, this property is Zoned NT (North Trail) and offers exceptional potential for a live-work situation or a host of other opportunities with its unique blend of 3 freestanding Mixed-Use buildings. Current income streams include 6 beautifully appointed en-suite hotel rooms (3 with kitchens) a lively café, and a restaurant tenant, all centered around a charming al fresco courtyard, and the property comes with two 2COP Beverage licenses. Building One is 2,080 sq. ft. with a tenant-occupied ground floor (including kitchen and half bath) and 2 upstairs rooms with private baths; Building Two has 1,240 sq. ft. featuring a ground-floor café and half bath, plus 2 additional upstairs rooms with baths; and Building Three is 960 sq. ft. with 2 en-suite rooms and an attached laundry area. The Reserve Retreat is minutes from stunning beaches, theaters, museums, galleries, and more, and is only 3 miles from the Sarasota/Bradenton International Airport. This is an exciting opportunity for those seeking a beautiful property with endless possibilities.
Mls | A4627132 |
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Listing Type | For Sale |
Style | Mixed Use |
Subtype | For-sale |
Status | Active |
Year | 1933 |
Days On Site | 31 |
Listing Provided By | PREFERRED SHORE LLC | Carol-Ann Warr |
Sq Feet | 4,280 |
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Storys | 2 |
Zoning | NT |
Acreage | 0.26 |
State | FL |
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County | Sarasota |
City | SARASOTA |
Zip Code | 34236 |
Area | 34236 Sarasota |
Community Name | VALENCIA TERRACE REV |
Listing VS Median (in VALENCIA TERRACE REV) | |
Price: $2,740,000 low | high Med: $749,950 SqFt: 4,280 low | high Med: 3,452 $ / SqFt: $640 low | high Med: $217 On Site: 31 low | high Med: 142.000000 |