Venice Avenue Retail Building

Retail-Commercial for Sale
Catylist Listing ID: 30750502
Property Subtypes: Free-Standing Building
Building Size (RSF): 1,500 SF
Gross Building Area: See Agent
Sale Price: $395,000
Unit Price: $263.33 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/7/2021

Overview / Comments

Well located freestanding retail building right on Venice Avenue between U.S. 41 and Business 41. Incredible Venice location! Building currently has a tenant and is being used as a retail space, office and showroom for granite products. Tenant has occupancy until March 2023 with one 3-year option. Don't miss the opportunity to buy this rare opportunity today, and enjoy the income until you're ready to occupy, or increase rents on current tenant, or put new tenant in down the road.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0408010059
Zoning: CI - COMMERCIAL INTENSIVE
Area Description: Free-standing retail building located between US 41 and Business 41 on busy Venice Avenue. Near the bridge going over to Venice Island, historic downtown and the beach. Building has a high traffic count and great visibility.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1977
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,388 42,446 69,971
Median Age: 66.39 62.14 60.09
Households: 5,765 22,369 35,614

Contact

Photograph of Listing Agent

Tony Thomas Veldkamp, CCIM

SVN COMMERCIAL ADVISORY GROUP MFCRE Member
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