Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Single Family |
| Bedrooms: | 1 BR |
| Bathrooms: | 1 |
| Lot Size: | 0.1 Acres |
Financials
Price:$795,000
Annual Taxes:$7,726
Listing Courtesy of SVN COMMERCIAL ADVISORY GROUP
Prime investment and redevelopment opportunity in Sarasota s sought after Towles Court Arts District !
Description
Prime investment and redevelopment opportunity in Sarasota’s sought-after Towles Court Arts District! This mixed-use property offers approx. 750 sq. ft. of commercial/gallery or studio space plus 363 sq. ft. of residential use, making it ideal for live/work tenants, creative professionals, or small businesses. Historic details and metal roof—blend with flexible layouts to attract both renters and end users. With zero side setbacks and DTE (Downtown Edge) zoning, the property offers significant redevelopment upside. Surrounded by other commercial and residential parcels, 1950 Adams Lane also presents excellent assemblage potential for investors or developers looking to create a larger mixed-use or residential project. Located just steps from downtown Sarasota’s restaurants, shops, galleries, and cultural amenities, this property combines immediate income potential with long-term growth. A rare chance to secure a prime footprint in one of Sarasota’s most dynamic districts!
Amenities
- Cable - Available
- Electricity Connected
- Garden
- Lighting
- Natural Gas Available
- Other
- Water Connected
- Wood Burning
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
