Log In/Sign Up
Your email has been sent.
Commercial Portfolio! Seller Financing! 229 W Venice Ave 25,000 SF 100% Leased Retail Building Venice, FL 34285 $24,428,601 CAD ($977.14 CAD/SF) 5.05% Cap Rate
INVESTMENT HIGHLIGHTS
- 100% Leased Commercial Buildings
- Seller Financing Offered to Qualified Purchasher
- Commercial & Residential Tenants (15 Apartments
EXECUTIVE SUMMARY
This offer is a portfolio of commercial/residential properties located on West Venice Ave, a well-known section of Venice Florida. With an abundance of shopping, restaurants and entertainment, West Venice Ave attracts thousands of visitors annually.
The properties included in this portfolio are fully leased with long-term, reputable and some nationally recognized tenants to include:
• TJ Carneys Restaurant/Bar & Entertainment
• Kilwin’s Chocolate & Ice Cream Shoppe
• Made In Italy Italian Restaurant & Bar
• Bushido Sushi Restaurant
• Dana Tyler Jewelry
• Captains Landing Clothing
Complete tenant base includes 16 commercial tenants and 15 residential tenants.
El Patio Hotel: One of the properties is the El Patio Hotel, that once operated as a famous hotel back in the 1920’s. Today it houses 15 residential tenants but an option for a new owner would be to re-establish the hotel business.
Seller Financing: Offered to qualified purchasers. Interest Rate and Terms are TBD
The properties included in this portfolio are fully leased with long-term, reputable and some nationally recognized tenants to include:
• TJ Carneys Restaurant/Bar & Entertainment
• Kilwin’s Chocolate & Ice Cream Shoppe
• Made In Italy Italian Restaurant & Bar
• Bushido Sushi Restaurant
• Dana Tyler Jewelry
• Captains Landing Clothing
Complete tenant base includes 16 commercial tenants and 15 residential tenants.
El Patio Hotel: One of the properties is the El Patio Hotel, that once operated as a famous hotel back in the 1920’s. Today it houses 15 residential tenants but an option for a new owner would be to re-establish the hotel business.
Seller Financing: Offered to qualified purchasers. Interest Rate and Terms are TBD
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
25,000 SF
Building Class
C
Year Built
1927
Price
$24,428,601 CAD
Price Per SF
$977.14 CAD
Cap Rate
5.05%
NOI
$1,232,616 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.45
Lot Size
0.40 AC
Zoning
CBD
Walk Score®
Very Walkable (86)
Bike Score®
Biker's Paradise (96)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 0408-04-0054 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $4,308,294 CAD |
PROPERTY TAXES
Parcel Number
0408-04-0054
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$4,308,294 CAD
1 of 22
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Commercial Portfolio! Seller Financing! | 229 W Venice Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.