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 updated: October 25, 2025 at 06:35pm
Listed by Realtor: Larry Starr
Listed by office: SVN COMMERCIAL ADVISORY GROUP
Source: Stellar MLS
Property Details
Listing Id: A4664827
Price: $995,000
Property Size:1,112 ft2
Property Lot Size:0 ft2
Rooms: 3
Bedrooms: 1
Bathrooms: 1
Bathrooms Full: 1
Modification Timestamp: October 25, 2025 at 06:42pm
Building Area Total: 1802
Construction Materials: Wood Frame
Cooling: Central Air
CumulativeDaysOnMarket: 44
DaysOnMarket: 44
DirectionFaces: North
FireplaceFeatures: Wood Burning
Flooring: Hardwood
FoundationDetails: Crawlspace
Laundry Features: None
Levels: One
List AOR: Sarasota - Manatee
List Agent AOR: Sarasota - Manatee
List Agent Email: lstarr@r1a.com
List Agent Full Name: Larry Starr
List Agent MlsId: 281503974
ListOfficeMlsId: 281516932
List Office Name: SVN COMMERCIAL ADVISORY GROUP
ListOfficePhone: 941-387-1200
Living Area Source: Public Records
LotSizeArea: 5000
LotSizeSquareFeet: 5000
MLS Area Major: 34236 - Sarasota
MlsStatus: Active
ModificationTimestamp: October 25, 2025 at 06:35pm
OnMarketDate: 2025-09-11
Originating System Name: Stellar MLS
Ownership: Fee Simple
Parcel Number: 2027080073
Roof: Metal
Sewer: Public Sewer
State Or Province: FL
Status Change Timestamp: September 11, 2025 at 06:34pm
Street Name: ADAMS
Street Number: 1950
Street Number Numeric: 1950
Street Suffix: LANE
Tax Annual Amount: 7726
Tax Block: B
Tax Book Number: 1-29
Tax Year: 2024
Utilities: Cable Available, Electricity Connected, Natural Gas Available, Water Connected
Water Source: Public
Year Built: 1925
Zoning: DTE
FeedTypes: IDX
Source System Key: 769690631
OriginalEntryTimestamp: September 11, 2025 at 06:34pm
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