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Gelfand Realty Miami Properties - Retail

437 BURNS, SARASOTA, FL 34236

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Retail - BURNS COURT

437 BURNS, SARASOTA, FL 34236

Sold Price$1,300,000 Asking Price$1,500,000

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  • Days on market:

    134 day(s)
  • Original Price:

    $1,500,000
  • Price per sqft:

    $331.27
  • Tax Legal Description:

    LOTS 12 & 14, BURNS COURT
  • Tax Year:

    2019
  • Property Type:

    Retail
  • Construction Type:

    StuccoConcrete
  • Cooling Description:

    Central AirWall/Window Unit(s) Mini-Split Unit(s)
  • Special Listing Conditions:

    None
  • Lot Features:

    Central Business District

Description

$1,500,000 • living size area 4528 sqft

This unique and well known sarasota restaurant property is located on pineapple avenue in the historic burns court district of downtown sarasota. burns court was constructed from 1924 to 1925 by the prominent developer, owen burns, with architectural design elements done by thomas reed martin in the mediterranean revival style. the property's most dramatic and appealing feature is the large central courtyard. as the venue's focal point, the restaurant dining areas and support elements have been thoughtfully laid out around the courtyard. the courtyard is now entirely covered by a fixed awning which allows for year round dining in this open air environment. a misting and fan system mounted into the awning keeps things cool during the heat of the summer months. the property has seating for 168 persons allowing for operations under a full liquor license. there are two existing bars as well as two indoor dining rooms making the restaurant ideal for hosting private parties. the courtyard and exterior bar are ideal for live entertainment and dining. the restaurant comes equipped with all of the existing ff&e including hoods, walk-in cooler and courtyard fan/misting system. permissive downtown core (dtc) zoning allows for many potential uses as well as redevelopment of up to 8 residential units with parking over first floor retail.

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