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Property profile

853 41 Byp Venice, FL 34285

OFF-MARKET
Retail properties & Spaces
3,040 SF Built 1982
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Property summary

AI-generated overview

This exceptional investment opportunity presents two 1,520 square foot retail units located at 853 & 859 US 41 Bypass S in Venice, Florida, totaling 3,040 square feet. Built in 1982, these units boast a prime location with a high average annual daily traffic count of 37,000 vehicles. Each unit features a front retail area, office space, two restrooms, and a storage area accessible via a rear garage door. One unit is currently leased until April 30, 2025. The other unit is included in the sale with an established Sarasota Scooters business, offering sales, service, parts, and accessories for motor scooters. This business holds a New/Used/Wholesale motor vehicle dealership license and is a franchised dealer for several brands. The business operation is optional and can be excluded from the sale. The property is zoned CI (Commercial Intensive), offering significant potential for future development or expansion. Annual association dues are $2,650 per unit. The asking price for this multi-unit retail property is $750,000, representing a price per square foot of $246.71. This presents a compelling opportunity for investors seeking a strong return in a high-traffic location.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1982
Total area 3,040 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

853 41 Byp Venice, FL 34285
Venice metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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