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$1,300,000

1500 E Venice Avenue Venice, FL 34292 Commercial - Office Active

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Description

A rare and exceptional opportunity to acquire a high-value, income-producing executive office suite portfolio in a prime commercial location on E Venice Avenue. This exclusive property encompasses 6,639 square feet across the entire second floor of the building and is configured into six premier executive suites.This unit is ideal for the discerning commercial real estate investor seeking stable returns or an owner-user looking for a prestigious headquarters with significant built-in rental income potential.INVESTMENT HIGHLIGHTSAttractive Price Point: Offered at $195.88 per square foot, this presents a competitive value for a high-quality commercial asset in the rapidly growing Venice market.Immediate Cash Flow: The unit is already producing income with two of the six executive suites currently leased by quality tenants.Significant Upside: Four vacant suites offer the new owner maximum flexibility to lease at market rate (with local rates averaging $25.00/SF/YR for Class A space), significantly increasing the Net Operating Income (NOI).Prime Location: Excellent visibility and accessibility on E Venice Ave, a key thoroughfare for professional and medical businesses.EXCLUSIVE AMENITIES & ACCESSUnit 4F stands apart by offering an unrivaled level of privacy and prestige that attracts high-caliber tenants:Dedicated Entry Experience: The offering includes the exclusive use and control of the building's main lobby and elevator, providing a private, executive-level entry point that ensures maximum professionalism and separation from other tenants.Configurable Suites: The six-suite layout is highly adaptable for professional offices, medical use, or can be consolidated for a single large corporate user.Professional Building: Modern construction and superior maintenance designed to attract and retain long-term, high-quality tenants.

Property Highlights

Property Type: Commercial - Office
Cooling: Central Air
Taxes: $12,633
Year Built: 2008

General Information

County: Sarasota
Listed By:
Jason Welch SENSIBLE PROPERTY MANAGMENT 813-831-7368

Property Features

Condo Fee: $7556/ Quarterly
Days on Site: 31
Directions: From E Venice Ave turn North onto Gondola Park Dr and then circle the building and enter through the main entrance on the backside.
Exterior: Stucco
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Lot: Other
Ownership: Condominium
Property Attached Y/N: No
Property Sub-Type: Office
Showing Instructions: See Remarks
Special Sale Provisions: None
Water Access Y/N: No
Zoning: PUD
$1,300,000
Active
SQUARE FEET6,639 MLS#TB8476114
STATUSActive PROPERTY TYPECommercial - Office

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1500 E Venice Avenue, Unit 4F, Venice, FL 34292.

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Whether you are looking for a place to relocate and raise a family, start a thriving business, or retire with your toes in the sand, you’ll like what Venice has to offer. You can wander streets of pink Renaissance-style buildings or scour the beach for the shark teeth the area is known for. Families will enjoy a top-notch school system, and art fans will appreciate the dynamic theater and art scene. Venice is colorful, vibrant, active, and appealing. Like its population, it fluctuates and changes with each calendar season.


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