Venice Cultural Center District

Office for Sale
Also listed as Multi-Family
Catylist Listing ID: 30050372
Property Subtypes: Governmental, High-Tech, Institutional, Medical, Mixed Use, Office Building
Building Size (RSF): 1,840 SF
Gross Building Area: 2,251 SF
Gross Land Area: 16,000 SF
Sale Price: $395,000
Unit Price: $214.67 PSF
Ceiling: 8 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Class of Space: Class B
Usable Size (USF): 1,840 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/4/2018

Overview / Comments

Aside from the existing building use, THIS PROPERTY HAS POTENTIAL TO BUILD MULTI-FAMILY UNITS with a one meeting Special Exception granted by the City of Venice. Contact broker for site plan sketches and details! Alert your developers and builder's who are seeking to build luxury residences on the Island of Venice

The property is located in the cultural center of downtown Venice's business district near the new library (under construction) and the convention center. This architecturally impressive two-story building is the perfect location for your business! With multi-purpose uses, it would be Ideal space for any of the performing arts, theaters, medical offices, banks, or clubs!. First floor plan includes reception area with (3) offices, a break room, and (2) restrooms. Second floor space (20 ft. X 40 ft.) was designed for business expansion and was previously used for a conference training room and storage retention. Existing paved parking is approximately 25 spaces.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0429030040
Property Located Between: Turin St. W. and Palermo Place
Property Visibility: Excellent
Highway Access: US Business 41 within 2 blocks East of site.
Airports: SRQ and Venice
Site Description: 100' X 160' parcel with two-story building and lot fully paved with parking spaces.
Area Description: Downtown Venice Cultural Business District
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 960 SF
Year Built: 1956
Year Renovated: 1990
Roof Type: Gable
Construction/Siding: Block, Stucco, Wood Frame
Exterior Description: Masonry or poured concrete load-bearing walls.
Parking Type: Surface
Parking Description: Full tarmac lot
Total Parking Spaces: 25
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Evaporative Cooler
Internet Access: Cable
Interior Description: Reception, 3 offices, break room area, 2 rest rooms, conference training room and storage area.
Zoning Description: OPI - Multi-family with Special Exception
Lot Frontage: 100 ft.
Lot Depth: 160 ft.
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Ingress/Egress, Utilities
Land Ownership: Fee Simple
Legal Description: Lots 3 & 4, Block 88, Venezia Park Sec of Venice

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,205 42,346 68,547
Median Age: 65.32 61 59.86
Households: 3,548 22,109 34,853


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