Prime Investment Opportunity 236 Grove St S 6,404 SF Vacant Retail Building Venice, FL 34285 $799,000 ($124.77/SF)

INVESTMENT HIGHLIGHTS

  • Ground-floor showroom space renovated in 2023
  • Six bathrooms in all; three per floor
  • Two working overhead roll garage doors
  • New city-initiated zoning encourages live/work uses
  • Potential for two separate second-floor apartments
  • Ample storage space

EXECUTIVE SUMMARY

Discover the perfect blend of commercial and residential uses at 236 Grove St. in Venice, Florida. This versatile live-work property is ideally situated within the evolving Seaboard Improvement (SBI) district, which is quickly transitioning from an industrial area to a vibrant mix of professional offices, retail space and residences.
This property features a beautifully renovated ground-floor showroom space, offices and ample storage, together with a spacious second-floor apartment. Whether you're an artist, run a professional office, an animal hospital or even a tattoo parlor, 236 Grove St.’s flexible zoning allows for a multitude of retail-oriented uses.
Don’t have need of a residence? The roughly 3,200-square-foot apartment also can generate considerable rental income, making 236 Grove St. a sound investment as well as a business address.
Conveniently located just seconds from the U.S. 41 Bypass and minutes from Venice's charming downtown and stunning beaches, 236 Grove St. offers unmatched accessibility and visibility. Seize the opportunity to be at the forefront of Venice's exciting future—make 236 Grove St. your new business and living space today!

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,404 SF
Building Class
C
Year Built/Renovated
1963/2023
Price
$799,000
Price Per SF
$124.77
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.86
Lot Size
0.17 AC
Zoning
SBI
Parking
1.25 Spaces per 1,000 SF Leased
Frontage
50’ on Grove Street

AMENITIES

  • Security System
  • Air Conditioning
  • Smoke Detector
Bike Score®
Biker's Paradise (90)

NEARBY MAJOR RETAILERS

Fifth Third Bank
Chase Bank
YMCA of Southwest Florida
Truist
Publix Super Markets
Jazzercise
Workout Anytime
Winn-Dixie
WW
Bank of America

PROPERTY TAXES

  • Listing ID: 33917768

  • Date on Market: 9/6/2023

  • Last Updated:

  • Address: 236 Grove St S, Venice, FL 34285