853 41 Byp Venice, FL 34285
- Retail properties
- 3,040 SF
Current Use by Public Records
- Retail properties
Property Details for 853 41 Byp
- Year built
- 1982
- Property size
- 3,040 SF
- Property type
- Retail properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Venice
- County
- Sarasota
- State
- Florida
- Longitude
- -82.4316
- Latitude
- 27.0905
