For Sale
$3,300,000

400 Tamiami Trl Venice, FL 34285

Prime Venice Office Building - 17,589 SF

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a two-story, 23,254-square-foot Class B office building located at 400 S Tamiami Trail in Venice, Florida. Situated on a 33,880-square-foot lot, this multi-tenant property boasts 17,589 square feet of net rentable space, currently 70% occupied. Built in 1973 and featuring concrete construction, the building has undergone several renovations. The property includes a private parking lot accommodating 29 vehicles, plus an additional 30 spaces in an auxiliary lot across the street, both included in the sale. Zoned CG, this property offers significant potential for owner-users or investors seeking a strong foothold in the vibrant Venice market. The asking price is $3,300,000, translating to $141.91 per square foot. Its convenient location, just one block north of Venice Regional Hospital, ensures high visibility and accessibility. This is an excellent opportunity to acquire a well-maintained, established office building with substantial upside potential. The property's multi-tenant structure provides a diversified income stream, and the ample parking ensures tenant satisfaction. This offering presents a compelling investment opportunity in a thriving Florida market.

Highlights

  • 71% occupancy rate.

Property Details for 400 Tamiami Trl

Property type
Office properties, Medical offices
Square Feet
23,254 SF
Class
B
Year Built
1973
Buildings
1
Stories
2

Location Insight

City
Venice
County
Sarasota
State
Florida
Latitude
27.0938669
Longitude
-82.4445969

FAQs

What type of property is this?
Office property - Prime Venice Office Building - 17,589 SF
Where is the office property located?
The property is located at 400 Tamiami Trl Venice, FL.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 71% occupancy rate.; ;
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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400 Tamiami Trl
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