Retail Unit in Venice,
For Sale
$350,000
853 US-41-BYP 853, Venice, FL 34285
1,520 SF retail unit for sale in Venice, FL.
Property Size1,520 SF
Lot Size0.69 Acres
Days on Market319
Property Features for 853 US-41-BYP 853
General Information
Standard status
Active
Size
1,520 SF
Lot size
0.69 Acres
Property subtype
Industrial
Taxes and HOA fees
Annual Taxes
$2,763
Building Details
Building Size
1,520 SF
Year Built
1982
Stories
1
Listing Agency:
COLDWELL BANKER REALTY
Listed By:
Kayla Weiss-Bohnstedt · License #3370154
(941) 268-4423
Source:
Elliman
Added: Nov 28, 2025
Changed: Sep 30
Last Checked: Oct 12 at 9:48PM
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 COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This 1,520 SF retail unit is available for purchase in Venice, Florida. The unit features a front retail area, an office, two restrooms, and a storage area with a garage door located at the rear. The property will be delivered vacant upon closing. It is zoned CI (Commercial Intensive), which allows for a variety of uses. The average annual daily traffic count is 37,000. The current association dues are $2,650 per year. The sale can include the Sarasota Scooters business for an additional cost. This family-owned business specializes in motor scooter sales, service, parts, and accessories and holds a new/used/wholesale motor vehicle dealership license and is a franchised dealer for several brands.
Key Highlights
- High‑traffic location with an Average Annual Daily Traffic (AADT) count of 37,000.
- Versatile CI (Commercial Intensive) zoning allows for many uses.
- Vacant unit upon closing.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,748
Cap Rate
6.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$474,960
$475.0K
Cap Rate 7%
$339,257
$339.3K
Cap Rate 9%
$263,867
$263.9K
Market Conditions
NOI Build-Up for 1,520 SF
Gross rent
$36.5K $24.00/SF
− Vacancy
−$2.6K −$1.68/SF
EGI
$33.9K $22.32/SF
− OpEx
−$10.2K −$6.70/SF
NOI
$23.7K $15.62/SF
Area
Sarasota County, FL
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$474,960
Cap Rate 7%
$339,257
Cap Rate 9%
$263,867
Alternative Uses
Best Use
Retail
$339.3K
$296.9K – $395.8K
NOI $23,748 @ 7.0% cap · market cap 6.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$432.0K
$378.0K – $504.0K
NOI $30,240 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
862
Businesses Nearby
76k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 49%
Apparel 29%
Shops & Services 20%
Beauty & Spa 2%
Publix
Groceries
37,220 visits/mo
0.5 miles
Goodwill
Apparel
22,114 visits/mo
0.2 miles
Dollar General
Shops & Services
6,896 visits/mo
0.2 miles
Citgo
Shops & Services
5,297 visits/mo
0.3 miles
Wells Fargo
Shops & Services
2,818 visits/mo
0.4 miles
Demographics for 34285, FL
18,971
Population
16,081
Households
1.2
Avg Household Size
70
Median Age
40%
College-Educated
95%
High-School Grad
8.3 sq mi
ZIP Area
2,286
Density / Sq Mi
$67,712
Median Household Income
$37,959
Median Earnings
$1,485
Median Rent
$295,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - 1,520 SF retail unit for sale in Venice, FL.
Where is this retail space located?
The property is located at 853 US-41-BYP 853 Venice, FL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: High‑traffic location with an Average Annual Daily Traffic (AADT) count of 37,000.; Versatile CI (Commercial Intensive) zoning allows for many uses.; Vacant unit upon closing.
