209 Nassau S St Venice, FL 34285-2358
This exceptional four-unit office building, totaling 5,940 gross square feet (4,980 net rentable square feet), is situated on a 15,000 square foot lot at the corner of Nassau Street South and Miami Avenue West in the heart of historic downtown Venice, Florida. Built in 1974 and renovated in 1985, this Class B property offers a unique blend of historic charm and modern functionality. The building features a private parking lot, providing ample parking for tenants and visitors. Its prime location within the vibrant downtown area ensures high foot traffic and excellent visibility. The permitted zoning is VA. Each of the four units provides a distinct space, ideal for a variety of businesses or an owner-user seeking a prominent location. The asking price is $875,000, translating to $147.31 per square foot. This property presents a compelling investment opportunity for both owner-users and investors seeking a well-established presence in a thriving downtown area known for its Mediterranean Revival architecture and strong sense of community. The property's central location offers easy access to major transportation routes and benefits from the cultural richness and close-knit business community of historic downtown Venice. The APN is 0408050032.
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Minder & Associates Engineering Land Surveyor Engineer
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Senior Helpers Nursing Agency Aged Care
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Paoli & Gruters CPA's Accounting Firm Tax Preparation
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National Research Group Inc Corporate Office
Portable storage containers within the Venice Avenue (VA) Zoning District may be approved by the Zoning Administrator for a maximum of ninety (90) consecutive days only between the months of December and April. vi. In all districts other than VA, the use may not extend beyond seven (7) consecutive days. However, requests for up to thirty (30) consecutive day…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
VA · Venice, FLPortable storage containers within the Venice Avenue (VA) Zoning District may be approved by the Zoning Administrator for a maximum of ninety (90) consecutive days only between the months of December and April. vi. In all districts other than VA, the use may not extend beyond seven (7) consecutive days. However, requests for up to thirty (30) consecutive days may be approved by the Zoning Administrator if accompanied by additional narrative justification. d. Signs, as described in Sec. 3.5.3. e. Other uses of a temporary nature where the period of use will not extend beyond 30 days. An alternative timeframe may be approved by the Director. C. Specific Application Requirements. All applications for temporary use permits, whether issuable by the Zoning Administrator or requiring approval by the Commission, shall contain, as applicable: 1. Detailed narrative including the requested duration of the temporary use permit; 2. Site plan or survey indicating the precise area where the temporary uses and structures proposed will be located; and 3. Drawings of all proposed signage and promotional elements. 4. Signature of the property owner. D. Decision Criteria. 1. Temporary use permits related to construction projects (including, but not limited to, construction trailers, fencing, model homes, and signage) are limited to the duration of the project. 2. Temporary use permits shall not be permitted to impede ingress/egress, parking and loading, or pedestrian access. 3. Temporary use permits shall not cause excessive vehicular traffic on residential streets. 4. Adequate parking shall be provided for any temporary use and any existing use; vehicular parking or circulation problems shall not be created. 5. Temporary use permits shall be consistent with the Comprehensive Plan and zoning designation and shall not authorize a temporary use not permitted within the zoning district of the property. 6. All improvements authorized under a temporary permit shall be removed upon the expiration of the permit. E. Referral of applications to Planning Commission. Any application for a temporary use permit may be referred to the Commission by the Zoning Administrator. The Commission may grant or deny such temporary use permit, or may grant such temporary use permit subject to suitable conditions, safeguards and stipulations. A public hearing, with due notice, shall be required before the Commission grants any temporary use permit. 1.15.3. Minor Site and Development Plan A. Purpose and Intent.
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.
