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Fully Leased Venice Office Complex

151-197 Center Rd., Venice, FL

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For Sale

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Fully leased commercial office complex in prime Venice, Florida location.

Type:OFFICE

Property size:

23,336 SF

Lot size:

2.50 Acres

Price / SF:

$257/SF

HighLights

Fully leased commercial office complex providing reliable income.
Located in a prime, high‑traffic Venice, FL location, minutes from downtown.
Turnkey investment with established tenants and stable cash flow.
New roofs already in place, minimizing immediate capital needs.
23,336 total square feet across six buildings.
Ample parking and easy access to major routes.

We can help!

Listing Contact

Jag Grewal CCIM, SIOR

Learn more

For Sale

Contact for pricing

Fully leased commercial office complex in prime Venice, Florida location.

Type:OFFICE

Property size:

23,336 SF

Lot size:

2.50 Acres

Price / SF:

$257/SF

Added:: Aug 28, 2025
Days on Market:: 291
Last Refresh:: May 20 at 9:44 pm

Property Features for 151-197 Center Rd.

General Information

Standard status: Active
Size: 23,336 SF
Lot size: 2.50 Acres
Property subtype: OFFICE

Properties For Sale

at 151-197 Center Rd. Contact us

We can help!

Listing Contact

Jag Grewal CCIM, SIOR

Listing agent Jag Grewal CCIM, SIOR

Listing office Ian Black Real Estate, LLC

Listing date Aug 28, 2025

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Ian Black Real Estate, LLC

HighLights

Fully leased commercial office complex providing reliable income.
Located in a prime, high‑traffic Venice, FL location, minutes from downtown.
Turnkey investment with established tenants and stable cash flow.
New roofs already in place, minimizing immediate capital needs.
23,336 total square feet across six buildings.
Ample parking and easy access to major routes.

Overview

This fully leased commercial office complex is located in Venice, Florida. The property offers 23,336 total square feet across six buildings, including a main central building and five surrounding office buildings. The well-maintained property is located on a high-traffic corridor minutes from downtown Venice and about 20 minutes from Sarasota, offering excellent road frontage, ample parking, and easy access to major routes. New roofs are already in place. The property is a turnkey investment with stable cash flow and minimal immediate capital needs, offering a strong return potential in one of Southwest Florida’s fastest-growing markets.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$504.1k	$21.60
− Vacancy	−$50.4k	−$2.16
EGI	$453.7k	$19.44
− OpEx	−$113.4k	−$4.86
NOI	$340.2k	$14.58

23,336 SF · lease $21.60/SF/yr · vacancy 10.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$4.86M

$4.25M – $5.67M (±1% cap)

NOI $340,239 @ 7.0% cap · market cap 5.67%

Second Best

—

no second resolved use

Theoretical Best

Office A

$6.63M

$5.80M – $7.74M (±1% cap)

NOI $464,259 @ 7.0% cap · market cap 7.74%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Location Insight

Map
Local Demand

City: Venice
County: Sarasota
State: Florida
Longitude: -82.4235
Latitude: 27.0794

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For sale
Office buildings
FL
Venice
151-197 Center Rd.

What type of property is this?

Office building - Fully leased commercial office complex in prime Venice, Florida location.

Where is this office building located?

The property is located at 151-197 Center Rd. Venice, FL.

What is the asking price?

The asking price for this property is $6,000,000.

What are key features of this property?

This property features: Fully leased commercial office complex providing reliable income.; Located in a prime, high‑traffic Venice, FL location, minutes from downtown.; Turnkey investment with established tenants and stable cash flow.

151-197 Center Rd., Venice, FL

Fully leased commercial office complex in prime Venice, Florida location.

Property Features for 151-197 Center Rd.

General Information

Properties For Sale

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Versatile Property on E Venice Avenue

Mixed-Use Building with Upstairs Residence

Duplex with Lofted Living Areas

Venice Island Triplex Near Beach

Fully Updated Triplex with 3 Units

Four Venice Properties - Income

Downtown Venice Mixed-Use Landmark

Mixed-Use Retail and Residence

Venice Class A Medical Office

Move-in Ready Medical/Professional Office Space

Executive Office Suite Portfolio

Venice Avenue Investment Opportunity

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