6523-6531 Gateway Ave, Sarasota, FL 34231

Prime Sarasota location in the vibrant Gulf Gate entertainment district, this 8,000 sq ft, fully equipped restaurant and bar is ready for immediate operation. The property, formerly a nightclub, has undergone a complete renovation, completed by June 1, 2024, featuring a new roof, ADA-compliant restrooms, seven new HVAC systems, a walk-in cooler, and a point-of-sale system. The expansive space includes two large bar areas, multiple dining rooms with booth and table seating (151 seats total), and a brand-new commercial kitchen. Designed for versatility, the layout allows for private party sections and even includes a stage for live music. This fee-simple ownership opportunity includes three parcels (APN: 0104010092, 0104010096, 0104010097) on a 0.36-acre lot, zoned CG - Commercial General. The asking price is $3,400,000 ($425/sq ft). This turnkey establishment is poised to impress its new owner and offers immediate occupancy. The property is located at 6523-6531 Gateway Ave, Sarasota, FL 34231. Built in 1979 and extensively renovated in 2024, this Class A property presents a unique opportunity in a high-demand area.