Two Buildings For Sale - City of Venice - Commercial Business District

Office for Sale
Catylist Listing ID: 30800300
Property Subtypes: Office Building, Other
Building Size (RSF): 37,432 SF
Gross Land Area: 81,761 SF
Sale Price: $8,500,000
Unit Price: $227.08 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: The Venice Gondolier
Class of Space: Class A
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 12/1/2022

Overview / Comments

Two buildings included in the sale price: Building A (25,062 SF) and Building B (12,370 SF) combined creates a total of 37,432 SF along with 81,761 SF (1.88 A) land area for the list price of $8.5M. Building A is a three-story office building serviced by 1 elevator. Building B is a one-story building that is a light-industrial warehouse. This is a great opportunity for an owner/user or an investor for a great location just off N. Tamiami Trail & E. Venice Avenue in the business district of the City of Venice in Sarasota County.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota County
Tax ID/APN: 0408020050 and 0408070026
Zoning: CBD
Property Visibility: Good
Highway Access: US Business 41 to Venice Avenue
Total Number of Buildings: 2
Year Built: 1985
Year Renovated: 1990
Roof Type: Flat
Construction/Siding: Concrete
Exterior Description: Stucco cement based; fireproof structural steel columns and beams.
Parking Type: Surface
Total Parking Spaces: 80
Passenger Elevators: 3
Zoning Description: CBD - Commercial, Business District (CBD): Is intended to be applied only to that area which forms the City’s center for financial, commercial, governmental, professional, cultural and associated activities.
Legal Description: COM INTRS S LINE MIAMI AVE & E LINE FLORIDA ST THN-0-39-52-E 80 FT FOR POB TH CONT N-0-39-52- E 228 FT TH N-45-37-17-E 16.98FT TH S-89-25-18-E 182.67 FT TH S-18-37-36-E 254.18 FT TH N-89- 24-51-W 278.64FT TO POB CONT 1.3023 AC M/L BEG INTRS S LINE MIAMI AVE & E LINE FLORIDA ST THELY 305 FT M/L TH NWLY ALG WCIND R/W 85 FT M/L TH WLY 278.64 FT TH SLY80 FT TO POB LESS WLY 100 FT

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,657 42,446 69,971
Median Age: 65.88 62.14 60.09
Households: 5,549 22,369 35,614


Photograph of Listing Agent

Howard Corr

MFCRE Member
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