5 Office Condos on US 41 in Venice

Office for Sale
Catylist Listing ID: 29737077
Property Subtypes: Mixed Use, Office Building
Building Size (RSF): 4,655 SF
Gross Building Area: See Agent
Sale Price: $725,000
Unit Price: $155.75 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/11/2017

Overview / Comments

5 unit office condo complex for sale just south of East Venice Ave on the US 41 Bypass

Units A-E are included in the sale. The complex was built in 1986 and is in good shape overall. Easy access from the Bypass with ample parking and good signage.

Units D (980SF) and E (780SF) are vacant and create acontiguous 1760SF, ideal for user owner.

Unit A is 980SF LEASED
Unit B is 980SF office/retail
Unit C 980SF LEASED
Unit D is 980SF mdical office
Unit E is 784SF open floor plan

Buildings can be purchased as a package or individually.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: Multiple
Zoning: CG
Side of Street: South
Property Visibility: Excellent
Highway Access: I-75 at Jacaranda
Total Number of Buildings: 5
Number of Stories: 1
Typical SF / Floor: 980 SF
Year Built: 1986
Construction/Siding: Stucco
Zoning Description: CG-Commercial General

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,894 40,241 68,259
Median Age: 62.63 63.04 60.54
Households: 4,440 21,431 34,917

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