40 S BLVD OF THE PRESIDENTS, Sarasota, FL 34236

This two-story mixed-use building offers a total size of approximately 10,000 square feet and is constructed with reinforced concrete, steel, and glass. The ground floor is leased to an operating restaurant under a five-year lease that commenced in August 2025, creating an income component for the next owner. The second floor provides flexible space suitable for office, hospitality, or repositioning uses. The property also includes a rear loading and unloading area.

Set on a highly visible corner lot with three street frontages, the site benefits from CT zoning. The structure is approximately 22 feet in current height, and its design includes engineering intended to support vertical expansion. The city has already approved one additional level of approximately 5,000 square feet, and the original engineering was intended to support up to six stories, subject to future review and approval.

For buyers and tenants seeking a mixed-use asset with an existing restaurant tenant and a buildable development path, this property combines an active ground-floor operation with a second-floor configuration that can adapt to changing requirements. It is offered directly by the owner and is positioned to support phased planning around the already-approved additional level and any further future expansion subject to approvals.