Restaurant and Bar with Live
For Sale
Contact for pricing
49 S Palm Ave, Sarasota, FL 34236
Downtown hospitality property with a full bar, food service, dancing, and recurring live entertainment.
Property SizeContact for details
Days on Market143
Property Features for 49 S Palm Ave
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Business Included
Yes
Equipment Included
Yes
Listing Agency:
Mapp Realty & Investment Co
Listed By:
Tim & Paula Mapp · License #0376472
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 5:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mapp Realty & Investment Co
Investment Insights
Based on property information with market context.
This conventional restaurant property at 49 S Palm Ave in Sarasota includes a full bar, food service, dancing, and live music scheduled on many nights and weekends. The sale is structured to include the establishment’s operating furnishings, equipment, and other business contents, with only one or two sentimental items excluded by the owner.
The current owner is willing to provide training during the transition and plans to leave the area for family reasons. The property previously offered lunch service, which was discontinued due to family circumstances. Its downtown Sarasota setting supports continued restaurant and bar operations with an entertainment component.
The current owner is willing to provide training during the transition and plans to leave the area for family reasons. The property previously offered lunch service, which was discontinued due to family circumstances. Its downtown Sarasota setting supports continued restaurant and bar operations with an entertainment component.
Key Highlights
- Conventional restaurant and bar at 49 S Palm Ave, Sarasota, FL 34236
- Full bar with food service, dancing, and live music on many nights and weekends
- Sale includes substantially all business contents, with one or two sentimental items excluded
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
4,759
Businesses Nearby
104k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 33%
Dining 27%
Hotels & Casinos 20%
Shops & Services 9%
Whole Foods Market
Groceries
34,548 visits/mo
0.3 miles
Ritz-Carlton Sarasota
Hotels & Casinos
15,303 visits/mo
0.4 miles
First Watch
Dining
10,428 visits/mo
0.2 miles
Hyde Park Prime Steakhouse
Dining
8,260 visits/mo
0.2 miles
The Exchange (AAFES)
Shops & Services
6,804 visits/mo
0.4 miles
Demographics for 34236, FL
14,083
Population
11,661
Households
1.2
Avg Household Size
66
Median Age
62%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
3,912
Density / Sq Mi
$96,400
Median Household Income
$48,828
Median Earnings
$2,010
Median Rent
$917,100
Median Home Value
Market
Vacancy Rate% for Retail in Sarasota, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Downtown hospitality property with a full bar, food service, dancing, and recurring live entertainment.
Where is this conventional restaurant located?
The property is located at 49 S Palm Ave Sarasota, FL.
What are key features of this property?
This property features: Conventional restaurant and bar at 49 S Palm Ave, Sarasota, FL 34236; Full bar with food service, dancing, and live music on many nights and weekends; Sale includes substantially all business contents, with one or two sentimental items excluded
