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738 -744 E Venice Ave 11,068 SF 31% Leased Retail Building Venice, FL 34285 $1,700,000 ($153.60/SF)

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EXECUTIVE SUMMARY

Opportunity to acquire this rare and outstanding office owner/occupier investment opportunity, with cash flow during the holding period and/or various stages of redevelopment. Ideal for multiple medical uses, such as clinics, surgery centers, urgent care offices, retail, and multifamily residential (18 units per acre). The portfolio includes the following properties: 738 E. Venice Avenue, Venice, FL, 3,378 GSF 744 E. Venice Avenue, Venice, FL, 7,690 GSF The location is prime for the Venice Christmas Boat Parade, the Venice Holiday Parade, shopping and dining, craft festivals, the Venice Theater, the Venice Performing Arts Center, the library, the art center, and let us not forget our world-famous beaches, minutes away with spectacular sunsets that never disappear.Venice, Florida, might be the perfect destination if you’re looking for a warm and sunny escape from the harsh winter months. However, for those who have never been to Florida or the Gulf Coast, the location of Venice may be a bit of a mystery. In this blog, we’ll cover where Venice, Florida, is, what makes it unique, and why it’s a top destination for winter vacationers. Firstly, let’s talk about where exactly Venice, Florida, is. Venice is a city on Florida’s southwest coast in Sarasota County. It’s situated on the Gulf of Mexico and is located south of the Tampa Bay Area and north of Fort Myers. Venice is a part of the Sarasota-Bradenton-Venice Metropolitan Statistical Area, a popular area for tourists, snowbirds. What makes Venice unique is its beautiful light-sand beaches and canals. Venice is known as “The Shark Tooth Capital of the World” due to its abundance of shark teeth that wash up on the beaches. Venice is also home to the Venetian Waterway Park, a scenic trail that follows the Intracoastal Waterway. The city’s historic downtown offers an array of unique shops, restaurants, and attractions. Venice is a popular destination for winter vacationers because of its mild climate and endless opportunities for outdoor activities. Winter temperatures in Venice typically range from the low 60s to the mid-70s, making it an ideal location to escape the cold. Visitors can enjoy swimming, boating, fishing, golfing, and hiking. Venice, Florida, is a hidden gem on Florida’s Gulf Coast, offering endless possibilities for winter vacationers. Whether searching for a peaceful beach vacation or an active outdoor adventure, Venice has something to offer everyone. With its mild climate, unique attractions, and a plethora of rental options, Venice is a top choice for snowbirds looking to escape the winter cold and WARM PARADISE!

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
11,068 SF
Year Built
1962
Price
$1,700,000
Price Per SF
$153.60
Percent Leased
31%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.98
Lot Size
0.26 AC
Zoning
CG - Commercial General
Parking
19 Spaces (1.72 Spaces per 1,000 SF Leased)
Frontage
75’ on Venice Ave
Bike Score®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Truist
Wings Etc.
Weight Watchers
Workout Anytime
YMCA of Southwest Florida
Chase Bank
Toyota
Fifth Third Bank
Regions Bank
SouthState Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0410-04-0059
  • 0410-04-0055
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,141,865
  • Listing ID: 31014335

  • Date on Market: 2/21/2024

  • Last Updated:

  • Address: 738 -744 E Venice Ave, Venice, FL 34285

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