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Mixed-Use Building with Upstairs Residence

236 GROVE STREET S Venice, FL 34285

236 GROVE STREET S, Venice, FL, 34285
$625,000
For Sale
$625,000

Mixed Use - VENICE, FL

Property Size5,982 SF
Lot Size0.17 Acres
Price / SF$104.48
Days on Market48

Property Features for 236 GROVE STREET S

General Information

Property type
Commercial Sale
Property subtype
Mixed Use
Zoning
SBI
Appliances
Dryer, Microwave, Refrigerator
Standard status
Active
APN
0408080043
Size
5,982 SF
Lot size
0.17 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
10894

Utilities

Cooling system
Central Air, Zoned

Building Details

Year built
1963
Flooring type
Laminate, Tile
Building materials
Stucco
Roof type
Metal
Architectural style
Other
Listing Agency EPIQUE REALTY INC.
100 S Ashley Drive Ste 100, Houston, FL
Listed by Sarah Chaffee · License #3582425
Added: Jun 1 Checked: Jul 18 at 11:06 pm
MLS# A4695509 Listing URL

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This mixed-use building includes an updated main-level commercial area designed as a showroom, warehouse, or office configuration. The upper floor is currently arranged as a 3-4 bedroom, 2-bath residential unit. At the rear, there is additional workspace or storage space that is accessible through two overhead doors, supporting flexible use and practical back-of-house operations.

Located at 236 Grove Street S in Venice, Florida, the property is zoned SBI and provides walkable downtown access according to the remarks. The lot size is approximately 0.17 acres, and the total building size is reported at 5,982 square feet.

For tenants, buyers, or owner-operators, the layout supports a live-work setup with on-site residential space above the commercial area, or a separation between commercial use and residential occupancy. The rear storage/workspace and overhead-door access can also support a service business, creative workspace, or light functional storage needs while keeping the front area oriented for customer-facing activity.

Key Highlights

  • Mixed‑use building at 236 Grove Street in Venice, FL with updated main‑level commercial space and a residential unit upstairs
  • SBI zoning with walkable downtown access
  • Upper level currently configured as a 3–4 bedroom, 2‑bath residential unit

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $110.5k $18.48
− Vacancy −$11.5k −$1.92
EGI $99.1k $16.56
− OpEx −$44.6k −$7.45
NOI $54.5k $9.11
5,982 SF · lease $18.48/SF/yr · vacancy 10.40% · expense 45.00%

Alternative Uses

Best Use
Mixed Use
$1.52M
$1.33M – $1.78M (±1% cap)
NOI $106,554 @ 7.0% cap · market cap 17.05%
Second Best
Retail
$1.34M
$1.17M – $1.56M (±1% cap)
NOI $93,463 @ 7.0% cap · market cap 14.95%
Theoretical Best
Office A
$1.70M
$1.49M – $1.98M (±1% cap)
NOI $119,009 @ 7.0% cap · market cap 19.04%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Live-work space

Suggested Use

Big Box & Wholesale Store Parking Lot & Garage Storage Facility HVAC Service Building Supply Grocery & Convenience Store Daycare Center Cafe & Coffee Shop Garden Center Pharmacy

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

FAQs

What type of property is this?
Live-work space - Updated ground-floor commercial space with an upstairs 3–4 bedroom, 2-bath residence and rear storage accessed by overhead doors.
Where is this live-work space located?
The property is located at 236 GROVE STREET S Venice, FL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Mixed‑use building at 236 Grove Street in Venice, FL with updated main‑level commercial space and a residential unit upstairs; SBI zoning with walkable downtown access; Upper level currently configured as a 3–4 bedroom, 2‑bath residential unit
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