213 Venice Ave Venice, FL 34285-2075
- Retail space
- 3,459 SF
- 0.09 lot acres
Current Use by Public Records
- Coppola Artistica / Pottery Store
- Kristine Grace Resort Wear / Boutique
- Upper Crust Cafe & Bakery / Bakery / American Restaurant
Property Details for 213 Venice Ave
- Year built
- 1925
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.09 lot acres
- Property size
- 3,459 SF
- Zone code
- VA
- Property type
- Retail space
- Property subtype
- Storefront properties
- APN
- 0408-04-0048
- APU
- 408040048
Description
This exceptional 8,900 square foot retail property, located at 213 W Venice Ave in the heart of downtown Venice, Florida (34285), presents a compelling investment opportunity. The property encompasses three addresses: 213, 215, and 217 W Venice Ave, and boasts 100% occupancy with four long-term tenants, ensuring a stable income stream. Recent storefront upgrades enhance the property's appeal. Situated on a highly desirable block known for its high foot traffic, this prime location guarantees strong visibility and consistent customer flow. The asking price is $3,750,000, translating to $421.35 per square foot. Long-term leases are in place, featuring built-in escalations, providing further security and potential for future growth. This property is ideal for investors seeking a stable, high-return investment in a thriving downtown area. The property's classification includes restaurant, shopping center, and storefront uses. Its central location within the most sought-after block of downtown Venice ensures continued attractiveness and strong tenant demand.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Venice
- County
- Sarasota
- State
- Florida
- Longitude
- -82.4461
- Latitude
- 27.0996
- CBSA code
- 35840
- CBSA name
- NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA