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Property profile

859 Us-41-Byp Unit Venice, FL 34285

OFF-MARKET
Retail properties & Spaces
3,040 SF 0.69 ac lot Built 1982
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1982
Total area 3,040 SF
Lot 0.69 ac (30,056 SF)

Cap rate & NOI

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

Location

859 Us-41-Byp Unit 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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