Commercial Sale Property - Mixed Use in Venice
Listing Price: $995,000
Description of Property
Affordable Housing Investment Opportunity! Unlock the potential of this low-income apartment complex, designed to provide stable rental income while serving the community’s housing needs. The property offers 9 units with strong occupancy history and reliable tenant demand. Ideal for investors seeking a socially responsible opportunity with consistent cash flow. Keep it as apartments or change it to a business use....the possibilities are endless with Commercial General zoning grandfathered in as multi-family. With 100’ frontage on US 41 in Venice and located directly across from Lowe's and Carrabba’s, this property also offers redevelopment opportunities. This former motel complex features a main house (ideal for owner occupancy) and two 4-unit buildings. Just under 1/2 acre and not in a flood zone. Listing agent is owner. Don’t miss this change to invest in a property that blends financial opportunity with social impact!
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Mixed Use
City: Venice
County: Sarasota
Subdivision: Acreage & Unrec
Sq. Ft. Gross: 3,783
Sq. Ft. Living Area: 2,668
Cost per (heated) sqare foot: $373
Year built: 1956
Annual Tax: $8,640
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances:
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Waterfront Info
Pool Features:
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Water Access: Not specified
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Exterior & Construction
Architectural Style:
Construction: Block
Foundation: Slab
Roof: Other
Exterior Features:
Parking Features:
Floors Total: 1
Floors in Unit: One
Cooling: Wall/Window Unit(s)
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Electric:
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View:
Fencing:
Sewer: Septic Tank
Water Source: Well
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Lot Information
Lot Features:
Lot Size (acres): 0.44
Lot Size (sq. ft.): 19,000 square feet
Lot Dimensions: 100 x 190
Road Frontage: Main Thoroughfare
Adjoining Property: Commercial
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash
Parcel Number: 0434070003
Zoning: CG
Tax Legal Desc.: COM AT SE COR OF LOT 12386, SOUTH VENICE UNIT 47, TH N-34-09-10-W 700 FT FOR POB TH N-55-50-50-E 200 FT TO WLY R/W LINE OF TAMIAMI TRAIL, TH N-34-09-10-W 100 FT TH S-55-50-50-W 200 FT TH
Section: 20
Range: 19E
Listing courtesy of FLORIDA SUN & SAND REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.