1185 41 Byp, Venice, FL 34285
Regency Square Shopping Center, a Class B retail strip center in Venice, Florida, offers a prime opportunity for businesses seeking high-visibility space. This single-story, 38,144 square foot building, constructed in 1983 and renovated in 2024, sits on a 2.7-acre lot at a signalized intersection on US 41 Bypass South, boasting excellent northbound and southbound access. The property features 19 suites, with a minimum divisible space of 750 square feet and a maximum contiguous space of 4,032 square feet. Currently, 915 square feet of retail space is available. The center benefits from a high traffic count of 39,000 vehicles annually and enjoys a strategic location directly across the street from Detwiler's Farm Market. The property includes 90 parking spaces and 125-amp power. The zoning is CI, and the APN is 0428-03-0003. This well-maintained property presents a compelling investment opportunity in a thriving Venice submarket. No elevators are present.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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