6523-6531 Gateway Ave Sarasota, FL 34231

OFF-MARKET

Retail properties & Spaces

8,000 SF 0.36 ac lot Built 1979

Saved · see the list in your Dashboard

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.

Property type Retail properties & Spaces

Year built 1979

Total area 8,000 SF

Lot 0.36 ac (15,682 SF)

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

6523-6531 Gateway Ave Sarasota, FL 34231

Sarasota metro

Google Maps

AI Approach AI

by Request

CAP Approach CAP

by Request

Comparable Approach Comparable

by Request

Blend (final) Blend

by Request

Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

Value Estimation by Request
950 SF

Bring Your Own Concept To This Restaurant Space For Lease!

Restaurants

0 Bring Your Own Concept To This Restaurant Space For Lease!, Sarasota, FL 34231

View Details
Value Estimation by Request
900 SF

Food Business For Sale In Sarasota Fl Bring Your Concept

Restaurants

0 Food Business For Sale In Sarasota Fl Bring Your Concept, Sarasota, FL 34231

View Details
Value Estimation by Request
2,000 SF

2000 Sq Ft

Restaurants

2000 Sq Ft, Sarasota, FL 34231

View Details
Value Estimation by Request
1,000 SF

Ice Cream Business For Sale In Hot Area Right Off The Bch

Restaurants

0 Ice Cream Business For Sale In Hot Area Right Off The Bch, Sarasota, FL 34231

View Details
Value Estimation by Request
1,200 SF

000 In Sales!

Restaurants

000 In Sales!, Sarasota, FL 34231

View Details
Value Estimation by Request
900 SF

Closed Restaurant For Sale In Sarasota Fl With Hood Bring Your Own Concept

Restaurants

0 Closed Restaurant For Sale In Sarasota Fl With Hood Bring Your Own Concept, Sarasota, FL 34231

View Details

Similar Nearby for Sale

Contact for pricing

Freestanding Bar Buildout

Freestanding bar buildout with wrap-around bar, front paved parking, and additional rear parking.

5580 Swift Road, Sarasota, FL 34231

View Details
Contact for pricing
10,352 SF

Two-Tenant Retail Building

Two-tenant freestanding retail building with parking at front and rear and recently renovated retail space.

7261 South Tamiami Trail, Sarasota, FL 34231

View Details
New

Contact for pricing
4,541 SF

Operating Diner with Development Land

Operating diner on 0.59 acres with 50+ parking spaces and CG zoning, with development-permitted uses listed.

6721 Tamiami Tr, Sarasota, FL 34231

View Details
Contact for pricing
2,075 SF

Restaurant Building with Rear Access

Restaurant building in a strip center with back alley access, equipped with a grease trap and range hood.

5666 SWIFT RD, Sarasota, FL 34231

View Details
New

$711,000

2,217 SF

Restaurant Building with Rear Access

Restaurant space in a strip center with CI zoning, a grease trap, and range hood.

5666 SWIFT Road, Sarasota, FL 34231

View Details
Contact for pricing
5,500 SF

Restaurant on Large Acreage Lot

Existing restaurant building on over an acre of CG-zoned land, with seating for 189 and updated roof and HVAC.

6131 S Tamiami Trail, Sarasota, FL 34231

View Details

Similar Nearby for Lease

Contact for pricing
1,700 sqft

Retail Bar Hospitality Space

~1,700 SF retail space with an existing bar buildout and open customer area in a high-traffic strip center.

2232 Gulf Gate Drive, Sarasota, FL 34231

View Details
New

Contact for pricing
7,982 sqft

Retail Center Storefronts

Conveniently accessed retail storefronts in Sarasota with signal-controlled entry from major corridors.

6555-6571 S Tamiami Trl, Sarasota, FL 34231

View Details
Contact for pricing
880 sqft

Retail Space with Floor-to-Ceiling Windows

Western-exposure retail space with strong lighting and visibility, featuring floor-to-ceiling windows and pre-construction layout flexibility.

2170 Robinhood St, Sarasota, FL 34231

View Details
Contact for pricing
1,600 sqft

Two-Story Retail/Office Building

Two-story masonry building with an open layout and loft, directly on Superior Avenue.

6558 Superior Ave, Sarasota, FL 34231

View Details
Contact for pricing
1,500 sqft

Shopping Center Anchored by Publix

Retail space in a shopping center anchored by Publix with multiple ingress and egress points.

6555-6571 S Tamiami Trl, Sarasota, FL 34231

View Details
New

$5,995/Mo

1,696 sqft

Ground-Floor Corner Retail Space

Flexible commercial premises with prominent frontage, accessible elevator service, and layouts suited to retail or professional operations.

3131 CLARK Road, Sarasota, FL 34231

View Details