Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Clothing & Fashion Store
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Bakery Specialty Food Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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 al…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property 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 al…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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 al…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for VA in Venice, FL.
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