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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.
| DAYS ON MARKET | 27 | LAST UPDATED | 11/1/2024 |
|---|---|---|---|
| TRACT | VALENCIA TERRACE REV | YEAR BUILT | 1933 |
| COMMUNITY | 34236 - Sarasota | COUNTY | Sarasota |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Other, Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 34236 - Sarasota |
| CONSTRUCTION | Other, Wood Siding |
| LOT | 0.26 acre(s) |
| LOT DESCRIPTION | Corner Lot, Other |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | VALENCIA TERRACE REV |
| TAXES | 13057.31 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Carol-Ann Warr, PREFERRED SHORE LLC, 941-999-1179
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 11/24/24 8:54 AM PST.
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