249 Seaboard Ave - Warehouse FOR SALE


Venice, FL 34285- Venice/Englewood
$8,950,000 USD
941-356-1613
249 Seaboard Ave, Venice, FL for Sale
$8,950,000 USD
Warehouse - FOR SALE
1/23
null | 7.62% Cap Rate

NEW


249 Seaboard Ave
Venice, FL 34285
Venice/Englewood


OVERVIEW

The Venice Warehouse & Self-Storage Complex is a fully renovated property featuring seven buildings, offering a total of 53,590 square feet and 150 leasable spaces. Currently 96% occupied with a 7.6% return. Extensive upgrades have been completed, including new roofs with steel beam replacements, fresh exterior painting, and the installation of modern LED lighting throughout the complex. The property also boasts a newly constructed on-site manager/maintenance office, equipped with touchscreen technology and integrated property management software for efficient operations. Additional enhancements include renovated bathrooms, updated electrical systems, and various other maintenance improvements to ensure the property meets modern standards. Located near the Island of Venice, Legacy Trail, and directly across from City of Venice Park, this facility offers excellent accessibility and visibility. New owners can further enhance the property’s value by filling vacancies and optimizing operations. This renovated self-storage and small bay warehouse facility offers significant upside potential, making it a prime investment opportunity in a highly sought-after location.

FOR SALE DETAILS

PRICE

$8,950,000 USD

PRICE/SF

$189 USD /SF

CAP RATE

7.62%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

34

PARKING SPACES

6

LAND DETAILS

LAND ACRES

2.2

LAND SF

95,832

ZONING

SBI

APN/PARCEL ID

0408-09-0050

ASK ABOUT THIS PROPERTY

Troy RobbinsHarry E. Robbins Associates, Inc.More Info
941-356-1613

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Troy RobbinsHarry E. Robbins Associates, Inc.More Info
941-356-1613

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.