859 Us-41-Byp Unit Venice, FL 34285
- Retail properties
- 3,040 SF
- 0.69 lot acres
Current Use by Public Records
- Retail properties
Property Details for 859 Us-41-Byp Unit
- Year built
- 1982
- Lot size
- 0.69 lot acres
- Property size
- 3,040 SF
- Property type
- Retail properties
Description
This exceptional investment opportunity encompasses two adjoining 1,520 square foot retail units totaling 3,040 square feet, situated on a 0.69-acre lot at 859 & 853 US-41 Bypass in Venice, Florida. Each unit boasts a versatile layout including a front retail area, a dedicated office space, two restrooms, and a convenient storage area accessed via a rear garage door. One unit features a lease currently in place, expiring April 30, 2025, providing immediate rental income. The second unit is currently home to a thriving Sarasota Scooters business, offering sales, service, parts, and accessories for motor scooters. This established business holds a New/Used/Wholesale motor vehicle dealership license and operates as a franchised dealer for multiple brands. The business is available for sale separately, allowing for flexibility for the buyer. The property benefits from a high-traffic location, boasting an impressive Average Annual Daily Traffic (AADT) count of 37,000 vehicles. Annual association dues are $2,650 per unit. This property presents a compelling investment opportunity, whether you seek immediate rental income, a turnkey business acquisition, or a combination of both. The strategic location and established business provide a strong foundation for future growth and profitability.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Venice
- County
- Sarasota
- State
- Florida
- Longitude
- -82.4318
- Latitude
- 27.0907