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1950 Adams Ln 1,112 SF Retail Building Sarasota, FL 34236 $995,000 ($894.78/SF)
INVESTMENT HIGHLIGHTS
- Located in Sarasota’s Towles Court Arts District, steps from downtown
- Historic character with metal roof and flexible interior layout
- Zoned DTE, allowing residential, retail, or office use
- Excellent redevelopment and assemblage potential
EXECUTIVE SUMMARY
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!
potential with long-term growth. A rare chance to secure a prime footprint in one of Sarasota’s most dynamic districts!
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,112 SF
Building Class
C
Year Built
1925
Price
$995,000
Price Per SF
$894.78
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
DTE - Retail or Office
Parking
5 Spaces (4.5 Spaces per 1,000 SF Leased)
Frontage
50’ on Adams Ln
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (72)
NEARBY MAJOR RETAILERS
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1950 Adams Ln
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