Hotels /FL /Sarasota County /Venice /425 N US 41 Bypass
Hotels /FL /Sarasota County /Venice /425 N US 41 Bypass

425 N US 41 Bypass - Hospitality FOR SALE


Venice, FL 34285- Venice/Englewood | 
678-524-6120
425 N US 41 Bypass, Venice, FL for Sale
Hospitality - FOR SALE
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425 N US 41 Bypass
Venice, FL 34285
Venice/Englewood

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HIGHLIGHTS

  • Strong 2024 Top Line Revenue
  • Strong Occupancy Rates: Achieved 85% occupancy in October 2024, 89% in November 2024, and 92.3% in December 2024
  • Large site and great location in the heart of Venice
  • Completed a major pool renovation in Summer 2024

OVERVIEW

• Prime location with convenient access to downtown Venice, Venice Beach and Sarasota • Robust historical NOI performance, with significant growth potential • 5.64-acre property with potential for multifamily redevelopment

FOR SALE DETAILS

PRICE

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# OF ROOMS

146

CAP RATE

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TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ramada by Wyndham Venice Hotel Venezia

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1974

PARKING SPACES

297

LAND DETAILS

LAND ACRES

5.64 AC

LAND SF

245,678 SF

ZONING

CG

APN/PARCEL ID

0407-08-0012

ASK ABOUT THIS PROPERTY

Helen ZaverColliersMore Info
678-524-6120

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Helen ZaverColliersMore Info
678-524-6120

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