1322 N TAMIAMI TRL, SARASOTA, FL, 34236
$2,740,000
Commercial Sale
Living Area
4,280 Sqft
Lot Size
11,330 Sqft
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 Urban Mixed Use 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. All new roofs! 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.
Property Details
Property Features Property Features
MLS ID: MFRA4627132 Year Built: 1933
Construction Materials: Other, Frame, Wood Siding Cooling: Central Air, Ductless, Other, Wall/Window Unit(s)
Country: US County Or Parish: Sarasota
Flooring: Other Foundation Details: Other
Levels: Two Listing Agreement: Exclusive Right To Sell
Listing Terms: Owner Financing Lot Features: Corner Lot, Historic District, City Limits, Neighbourhood, Other, Oversized Lot, Sidewalk
Occupant Type: Tenant Parking Features: Parking Spaces - 6 to 12
Possession: Negotiable Property Condition: Completed
Property Sub Type: Mixed Use Property Type: Commercial Sale
Road Frontage Type: City Street, Main Throrughfare, Other Road Surface Type: Asphalt
Roof: Other, Shingle Sewer: Public Sewer
Showing Requirements: 24 Hour Notice, Appointment Only, No Lockbox Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Window Features: Drapes, Window Treatments, Wood Frames
We love to hear from you