$730,000
$799,900
8.7%For more information regarding the value of a property, please contact us for a free consultation.
5,636 SqFt
SOLD DATE : 07/20/2021
Key Details
Sold Price $730,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 5,636 sqft
Price per Sqft $129
MLS Listing ID N6115358
Sold Date 07/20/21
Construction Status Inspections
HOA Y/N No
Year Built 1964
Annual Tax Amount $7,614
Lot Size 0.430 Acres
Acres 0.43
Property Description
Current Cap Rate: 5.7% | Market Cap Rate: 6.4% .|
LOCATION! LOCATION! LOCATION!
As the exclusive listing advisor I am pleased to present the opportunity to acquire a property in an highly demanded, in-fill VENICE location on main street of Tamiami and Seminole. The building is among the best located and best maintained properties in Venice Florida, where a veritable hotbed of development is set in a family-oriented, values-focused neighborhood community. The property offers 4 units, all sitting on 18,888 Sq.Ft. in size. The property was built and recently significantly upgraded by the current ownership.
The building is manicured landscaping and an ample amenity package. Parking is provide for all customers. The property entrance is magnificently marked with a new wood trellis and cement walkway. That pathway accesses all units and, at its terminus, is a robust recreational area. All units are occupied. Financial information is available upon request.
Location
State FL
County Sarasota
Zoning CG
Interior
Cooling Office Only
Exterior
Waterfront false
Building
Story 1
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Structure Type Brick
New Construction false
Construction Status Inspections
Others
Ownership Partnership
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with RE/MAX PALM REALTY OF VENICE
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