Property Listing No Longer Available for Sale

779 Commerce Drive, Unit 16

Venice, FL

Office for Sale - $259,900 - 3,452 Sq. Ft.


Property Info

CIMLS#456351
Location
  779 Commerce Drive, Unit 16
  Venice FL 34292
UpdatedApril 2nd, 2014
TypeOffice
Price$259,900
Building3,452 Sq. Ft.

Property Description

Very nice end unit with 100%+ office space Has small storage/warehouse area in back of first floor but the rest is nice, upscale office space. Downstairs has very nice reception area, large conference room, kitchen, two offices and two large work areas. Two work areas could be divided into four offices creating six offices on first floor. Upstairs has large executive office plus bonus finished storage area, not included in square footage. Recently completed lease agreement and tenant is paying $2,500 per month gross! After paying real estate taxed and new reduced condo fees it is easy to earn 8-9% cap rate!

Location Description:

High quality office space immediately off of I-75 in Venice with convenience to Bradenton / Sarasota to the north and Ft. Myers / Naples to the south!

Highlights:

>> Convenient to I-75 and all points North and South

>> Well built tilt wall construction

>> Very nice finish, high end professional look

>> Fully Leased Investment Property

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Financials

Sales Info:

>> Commision split: 3.0%