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83-Room All-Suite Hotel
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400 Commercial Court, Venice, FL 34292

Concrete hotel construction with I-75 access and established medical, corporate, workforce, extended-stay, and leisure demand drivers.

Property Size49,981 SF
Price / SF$215.08
Days on Market11

Property Features for 400 Commercial Court

General Information

Standard status Active
Size 49,981 SF
Property subtype Hospitality

Additional Details

Highway Access Yes

Building Details

Year Built 1998
Stories 3
Construction concrete
Listing Agency: Marquee Commercial Lodging Advisors
Listed By: Emily King · License #BK3575195
Source: Crexi
Added: Aug 14 Changed: Aug 23 Last Checked: Aug 22 at 10:46AM

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 Marquee Commercial Lodging Advisors

Investment Insights

Based on property information with market context.

The property is an 83-room, all-suite hotel comprising 49,981 square feet and built in 1998. Concrete construction supports the existing hospitality improvements, while the suite configuration serves transient and extended-stay lodging demand. The offering includes the fee simple interest in the hotel.

Located in Venice, Florida, the hotel benefits from proximity to the I-75 corridor and sits approximately 24 miles from Sarasota-Bradenton International Airport (SRQ). Nearby demand generators include Sarasota Memorial Hospital-Venice, a 212-bed acute care campus undergoing continued expansion, as well as medical office and outpatient facilities. Downtown Venice, Venice Beach, the Venice Fishing Pier, CoolToday Park, and Wellen Park add corporate, medical-related, workforce, and leisure demand sources to the surrounding market.

The property’s setting connects an all-suite lodging format with regional healthcare facilities, coastal attractions, airport access, and established community destinations.

Key Highlights

  • 83‑room all‑suite hotel with 49,981 square feet
  • Concrete construction; built in 1998
  • Approximately 24 miles from Sarasota‑Bradenton International Airport (SRQ)

Property Analytics

Current Use

Best Western Plus ... Hotel & Motel Hotel Hotel & Motel Lvop 4 Condominium ... Charitable Organization The Depot Hotel & Motel

Suggested Use

Top Pick Auto Repair Shop Garden Center Parking Lot & Garage Grocery & Convenience Store Auto Parts Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

463
Businesses Nearby

Demographics for 34292, FL

17,141
Population
10,559
Households
1.6
Avg Household Size
68
Median Age
43%
College-Educated
96%
High-School Grad
32.5 sq mi
ZIP Area
527
Density / Sq Mi
$80,274
Median Household Income
$41,719
Median Earnings
$1,924
Median Rent
$417,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Hotel - Concrete hotel construction with I-75 access and established medical, corporate, workforce, extended-stay, and leisure demand drivers.
Where is this hotel located?
The property is located at 400 Commercial Court Venice, FL.
What is the asking price?
The asking price for this property is $10,750,000.
What are key features of this property?
This property features: 83‑room all‑suite hotel with 49,981 square feet; Concrete construction; built in 1998; Approximately 24 miles from Sarasota‑Bradenton International Airport (SRQ)
More about this property
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