Rarely Available Live/Work Mixed Use Unit in Venice

Retail-Commercial for Sale
Catylist Listing ID: 30855067
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Mixed Use, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 6,404 SF
Gross Land Area: 7,500 SF
Sale Price: $1,190,000
Unit Price: $185.82 PSF
Drive In Bays: 3 Bays
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/17/2023

Overview / Comments

This unique building has unlimited possibilities for an owner/user or for an investor. Newly renovated office/retail/showroom on the lower floor with 4 private offices, 2 bathrooms & warehouse/storage space with three 10 x 10 roll doors. This floor could easily be subdivided. The second floor consists of fully air-conditioned space with 3 full bathrooms and 3 large bedrooms. Currently built out as an apartment, this open-concept unit has an abundance of natural light with a large kitchen/living area.

4 private offices
Renovated showroom/office 2023
Three drive-in bays with roll-up doors
Storage space
Several bathroom facilities
New exterior paint
Keyless entry/security system

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0408080043
Zoning: SBI
Area Description: Centrally located near the corner of S Tamiami Trl & E Venice Ave, this fantastic opportunity puts you right in the heart of Venice.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1963
Year Renovated: 2023
Exterior Description: Newly painted 2023.
Parking Ratio: 1.2 (per 1000 SF)
Parking Description: Surface parking with trailer parking.
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Lot Frontage: 50.0
Lot Depth: 150.0
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,764 43,533 69,971
Median Age: 66.04 61.82 60.09
Households: 5,388 22,850 35,614


Photograph of Listing Agent

Amber Elizabeth Gasson

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