Sarasota, FL 34236,437 BURNS CT
Sarasota, FL 34236,437 BURNS CT
Sarasota, FL 34236,437 BURNS CT
7
$1,300,000
$1,500,000
13.3%
Est.Price: ?

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4,528 SqFt

437 BURNS CT Sarasota, FL 34236

Est. payment /mo
SOLD DATE : 02/08/2021

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Key Details

Sold Price $1,300,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 4,528 sqft

Price per Sqft $287

Subdivision Burns Court

MLS Listing ID A4474775

Sold Date 02/08/21

Construction Status Completed

HOA Y/N No

Year Built 1926

Annual Tax Amount $15,205

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Retail

Property Description

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.

Location

State FL

County Sarasota

Community Burns Court

Zoning DTC

Interior

Cooling Central Air, Mini-Split Unit(s), Wall/Window Unit(s)

Exterior

Utilities Available BB/HS Internet Capable, Electricity Available, Natural Gas Available, Water Connected

Building

Lot Description Central Business District

Foundation Crawlspace, Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Structure Type Concrete,Stucco

New Construction false

Construction Status Completed

Others

Ownership Corporation

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

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Stellar MLS
Listed by SVN COMMERCIAL ADVISORY GROUP
Bought with MICHAEL SAUNDERS & COMPANY

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agent

Ingrid Barrueta

Agent | License ID: 261237353

+1(561) 389-1325

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