Local real estate investor Chris Brown added to his Sarasota portfolio with the purchase of The Boatyard on the mainland of the Intracoastal Waterway next to the south Siesta Key bridge, according to a Friday news release from the brokerage that negotiated the sale.
The 2.03-acre property at 1538 Stickney Point Road includes “deeded canal-front access” to Sarasota Bay, Little Sarasota Bay and the Intracoastal Waterway.
Kevin Robbins and Troy Robbins, both of Sarasota-based Harry E. Robbins Associates Inc., facilitated the transaction.
The sales price for the Boatyard property was not disclosed. The deed had not yet been recorded with the Sarasota County Clerk of the Court.
“The Boatyard is an iconic property. This is a generational asset for someone to own and develop. There are not many opportunities to secure this kind of commercial property with frontage on the water, let alone a deeded canal access. The buyer is a well-established hospitality/restaurant operator with multiple locations,” Kevin Robbins said. “We are excited to see how this project will be improved and enhanced to benefit the community.”