Prominent Italian restaurant site in Sarasota sold for $2.2 million

The site of a former well-known Italian restaurant in Sarasota was recently sold alongside another parcel for $2.2 million. 

For the past 36 years, Primo! Ristorante occupied 11,500 square feet of space, though the building was originally built in 1953. The restaurant announced it was closing Nov. 13 on Facebook, noting it was "a hard and an emotional decision, but we believe is the right time to drop the curtains like a great Italian Opera."

The sale of the two parcels at 8076 N. Tamiami Trail was managed by SVN Commercial Advisory Group, according to a statement. The buyer and seller of the transaction were represented by Gail Bowden, senior investment adviser. The second parcel features a two-bedroom, two-bathroom house that was built in 1950, the release adds. 

“It’s a very high-visibility spot on a well-lit corner, and it’s close to nearly everything,” Bowden says in the release. “Having the residential house next door to the commercial parcel is a bonus – just a terrific opportunity.”

SVN Commercial Advisory Group, a full-service commercial real estate brokerage firm, serves Sarasota, Manatee and Charlotte counties.