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    200 Venice Ave Venice, FL 34285

    Sponsored
    For Sale
    $8,900,000

    Prime Mixed-Use Investment Opportunity

    Property size:
    37,432 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 37,432 square foot mixed-use property located at 200 E Venice Ave, Venice, FL 34285. The property consists of two buildings totaling 37,432 square feet, situated on a substantial 1.88-acre lot. One building offers 25,062 square feet of executive office space, while the second building provides 12,370 square feet of light industrial space. Built in 1985 and renovated in 1990, this Class B property is currently operating under a Net Lease agreement. The asking price is $8,900,000, translating to a price per square foot of $237.76. The property is zoned VA - Venice Ave and boasts a prime location in the heart of downtown Venice, close to N Tamiami Trail and E Venice Avenue. This vibrant area offers easy access to the beach, the Venetian Waterway Park, and a variety of shops, restaurants, and attractions. The recent addition of a new Sarasota Memorial Hospital branch further enhances the area's appeal. This landmark property, currently housing a local newspaper, presents a compelling investment opportunity in a thriving Florida coastal community. The property's size, location, and existing tenant base make it an attractive prospect for discerning investors seeking a strong return on investment in a desirable location. The APN is 0408020050.

    Property Features for 200 Venice Ave

    General Information

    Property type
    Office buildings
    Square Feet
    37,432 SF
    Class
    B
    Lot Size
    81,893 SF

    Building Details

    Year Built/Renovated
    1985/1990
    Buildings
    2

    HighLights

    • Exceptional 37,432 SF mixed‑use investment opportunity in Venice, FL.
    • Two buildings on a 1.88‑acre lot: 25,062 SF of executive office space and 12,370 SF of light industrial space.
    • Class B property, built in 1985, renovated in 1990, currently under a Net Lease.
    • $8,900,000 asking price ($237.76/SF).
    • Prime downtown Venice location near N Tamiami Trail and E Venice Avenue, close to amenities and the new Sarasota Memorial Hospital branch.
    • APN: 0408020050.
    Property Profile Location Intelligence

    Current Use by Public Records

    Welcome Home Magazine Real Estate Consultant Sun Coast Press ... Publisher Coastal Insurance Associates Health Insurance Agency Discover Venice Visitor ... Tourist Information Center Centennial Park Tourist Attraction

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Venice
    County
    Sarasota
    State
    Florida
    Longitude
    -82.4415497
    Latitude
    27.0993742

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    FAQs

    What type of property is this?
    Office building - Prime Mixed-Use Investment Opportunity
    Where is this office building located?
    The property is located at 200 Venice Ave Venice, FL.
    What is the asking price?
    The asking price for this property is $8,900,000.
    What are key features of this property?
    This property features: Exceptional 37,432 SF mixed-use investment opportunity in Venice, FL.; Two buildings on a 1.88-acre lot: 25,062 SF of executive office space and 12,370 SF of light industrial space.; Class B property, built in 1985, renovated in 1990, currently under a Net Lease.
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    200 Venice Ave Venice, FL 34285
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    200 Venice Ave Venice, FL 34285
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