Property Description

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.

Features
: Central Air, Other, Mini-Split Unit(s), Wall/Window Unit(s)
: Parking Spaces - 6 to 12
: Other
: Public Sewer
: Drapes, Window Treatments, Wood Frames
Address Map
US
FL
Sarasota
Sarasota
VALENCIA TERRACE REV
34236
TAMIAMI
1322
TRAIL
W83° 27' 12''
N27° 20' 59.8''
US 41/Tamiami Trail to corner of 14th Street at traffic circle - property is on south east corner.
34236 - Sarasota
N
NT
Additional Information
2
2024-11-01
: Sidewalk, Corner Lot, Other, City Limits, Oversized Lot, Historic District, Neighbourhood
: Two
: Other
: Other, Wood Siding, Wood Frame
4376
Financial
13057.31
Listing Information
281501575
281531515
Active
2024-11-11T19:37:07Z
Stellar
: None
2024-11-01T15:49:41Z

Commercial Sale For Sale

1322 N Tamiami Trl, Sarasota, Florida 34236

4,280
$2,740,000
Listing ID #A4627132
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : A4627132
Price : $2,740,000
Square Footage : 4,280
Year Built : 1933
Lot Area : 0.26 Acre
Office Name : PREFERRED SHORE LLC
Agent Name : Carol-Ann Warr
Property Sub Type : Mixed Use
Roof : Shingle, Other
Listing Status : Active
Agent info
Contact Agent