$795,000
Active · 310 days on market · MLS# MFRA4664827
| Bedrooms | 1 |
|---|---|
| Bathrooms | 1 |
| Living area | 1,112 sq ft |
| Lot size | 0.11 acres |
| Year built | 1925 |
| Property type | Single Family Residence |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $7,726 |
| County | Sarasota |
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!
Listing courtesy of Larry Starr, SVN COMMERCIAL ADVISORY GROUP. Presented by MC Homes Realty Inc · 727432218.