853 41 Byp Venice, FL 34285
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.