859 Us-41-Byp Unit Venice, FL 34285
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.
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.