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!
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Listing Snapshot
Price
$995,000
Days On Site
52 Days
Bedrooms
1
Inside Area (SqFt)
1,112 sqft
Total Baths
1
Full Baths
1
Partial Baths
N/A
Lot Size
0.11 Acres
Year Built
1925
MLS® Number
A4664827
Status
Active
Property Tax
$7,726
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records
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Recent Activity
a week ago
Listing updated with changes from the MLS®
2 months ago
Listing first seen on site
General Features
Acres
0.11
Direction Faces
North
Levels
One
Property Sub Type
Single Family Residence
Sewer
Public Sewer
SqFt Total
1802
Utilities
Cable AvailableElectricity ConnectedNatural Gas AvailableWater Connected
Water Source
Public
Zoning
DTE
Interior Features
Appliances
Other
Basement
Crawl Space
Cooling
Central Air
Fireplace Features
Wood Burning
Flooring
Wood
Heating
Central
Interior
Other
Laundry Features
None
Great Room
Dimensions - 44x26Level - First
Kitchen
Dimensions - 5x10Level - First
Master Bedroom
Dimensions - 10x10Level - First
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Exterior Features
Construction Details
Frame
Exterior
GardenLighting
Roof
Metal
Community Features
MLS Area
34236 - Sarasota
Roads
Paved
Township
36
Listing courtesy of SVN COMMERCIAL ADVISORY GROUP 9419146869
Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-11-02 02:55 PM EST
Neighborhood & Commute
Source: Walkscore
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