641 E Venice Ave - Office FOR SALE


Venice, FL 34285- Venice/Englewood
$750,000 USD
941-525-6818
641 E Venice Ave, Venice, FL for Sale
$750,000 USD
Office - FOR SALE
1/51
null | 10.2% Cap Rate

641 E Venice Ave
Venice, FL 34285
Venice/Englewood


HIGHLIGHTS

  • Prime location in Venice Zoned Venice Avenue which promotes mixed-use development
  • Seaboard District and its upcoming modernized Master Plan
  • High-traffic area for retail visibility

OVERVIEW

•DOWNTOWN VENICE ! RETAIL/MIXED USE ZONED! Just To The East Along Venice Ave Just To The West Of The Subject Property Is The Venice Seaboard District(you can build condos on top), The City Is Currently done with The Work Of A New Master Plan Design That Will Transition The Area To A Mixed-Use Zoning District To Allow And Encourage Residential And Companion Commercial Uses. •This Prime Site Is Located At The Northwest Corner Of The Traffic Lit Intersection Of Us 41 Bypass N. And E Venice Ave. •No Flood Zone! Public Water And Public Sewer! •Over 25 Parking Spots In The Back. COMPLETELY RENOVATED- NEW ROOF! TANKLESS WATER HEATER, NEW ELECTRICAL PANEL Freshly Painted! Ceramic Tile! *The Intersection Boasts A Superb Traffic Count Of 49,000 VPD Along The Bypass And Approaching 25,000 VPD •There is a OVERSIZED PARKING LOT in the back and front •The Property Has Curb Cut Access Off Of Both Major Streets And In A Perfect Location For A New Retail Or Mixed-Use Development Project. •The Site Is Zoned Venice Avenue And Strategically Located In The Heart Of The Vibrant Venice Area. The Venice Avenue Zoning Designation Is A Very Accommodating Designation Focusing On Mixed-Use Development And According To The Muni Code "Has Been Envisioned To Further Promote And Encourage •A Vertical Mixture Of Residential And Commercial Uses. •With Its Versatile Location At The Traffic Lit Intersection And Potential For Multi-Purpose Development •This Property Presents An Exciting Opportunity For Developers To Create A Dynamic Mixed-Use Space That Meets The Needs Of The Thriving Local Community. -

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$302 USD /SF

CAP RATE

10.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Veterinarian/Kennel, Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

VA

APN/PARCEL ID

0408-01-0118

ASK ABOUT THIS PROPERTY

Regina MelmanRe/Max Palm RealtyMore Info
941-525-6818

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Regina MelmanRe/Max Palm RealtyMore Info
941-525-6818

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.