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1602 Banyan Dr

1,990 SF Vacant Retail Building Venice, FL 34293 $525,000 ($264/SF) 7% Cap Rate

Investment Highlights

  • CCTV System
  • Single Story
  • Oversized Green Space
  • New HVAC System
  • Business Asset Sale Available
  • Long-Term Tenant Occupied

Executive Summary

Seller’s intent is that the Sale includes the real estate and Day Care Business Opportunity assets, furniture, and equipment to be sold together, including a Bus for transportation. Contact the listing agent for further information regarding Seller’s preference and intent to structure the sale. Daycare is currently licensed for 53. PUBLIC WATER AND PUBLIC SEWER. The purchaser must be able to qualify and be licensed to operate a DayCare.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Day Care Center
Building Size
1,990 SF
Year Built
1980
Price
$525,000
Price Per SF
$264
Cap Rate
7%
NOI
$36,750
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.10
Lot Size
0.47 AC
Zoning
RSF3

Nearby Major Retailers

Truist
First Watch
Starbucks
Synovus Bank
Perkins
Checkers
Bonefish Grill
ALDI
Suncoast Credit Union
PNC Bank
  • Listing ID: 28805132

  • Date on Market: 6/20/2023

  • Last Updated:

  • Address: 1602 Banyan Dr, Venice, FL 34293

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