Sarasota's Premier Homes

241 NOKOMIS AVENUE S

VENICE, FL 34285

MLS#: C7527688

$1,599,000

Status: Active
Listing number: C7527688
Listing provided by: KELLER WILLIAMS ISLAND LIFE REAL ESTATE
Listing agent phone: None
Last update: 6 hours ago
New on site 1 day ago
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VENICE GULF VIEW SEC OF - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1968

Sq.Footage

4,332

**Investment Opportunity – Fully Leased Medical Office Building on Venice Island** Exceptional opportunity to acquire a freestanding, triple NNN leased medical office building in the heart of the Venice Island business district. Offering a 7.6% cap rate**, this 4,332 SF building sits on a 14,000 SF lot with 18+ dedicated parking spaces and is fully leased to established medical practitioners, providing stable, long-term income. Strategically positioned near downtown Venice with excellent visibility and strong local traffic counts, this property is located in one of Southwest Florida's most desirable coastal markets. The building features a handicapped-accessible entrance, waiting room, billing office, and multiple exam rooms designed for efficient medical operations. Additional highlights include ST-1 zoning, a new roof installed in 2024, and a highly sought-after Venice Island location convenient to businesses, restaurants, healthcare services, and area amenities. A rare opportunity for investors seeking dependable cash flow, quality medical tenancy, and long-term appreciation potential in a premier Florida market.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Parking

    Deeded

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Other

  • Lot Size(acres)

    0.32

  • Lot Size(square feet)

    14000.0

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $1,599,000

  • Tax Amount

    $15,388

  • Sq. Footage

    4, 332

  • Price/SqFt

    $369

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • New Construction

    NO

  • Accessibility Features

    Accessible Entrance, Accessible Approach with Ramp, Visitor Bathroom, Accessible Hallway(s)

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    8

  • Water Source

    Public

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Location

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Sarasota

Elementary School

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Listing Courtesy of Traci Creighton , KELLER WILLIAMS ISLAND LIFE REAL ESTATE

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**Investment Opportunity – Fully Leased Medical Office Building on Venice Island** Exceptional opportunity to acquire a freestanding, triple NNN leased medical office building in the heart of the Venice Island business district. Offering a 7.6% cap rate**, this 4,332 SF building sits on a 14,000 SF lot with 18+ dedicated parking spaces and is fully leased to established medical practitioners, providing stable, long-term income. Strategically positioned near downtown Venice with excellent visibility and strong local traffic counts, this property is located in one of Southwest Florida's most desirable coastal markets. The building features a handicapped-accessible entrance, waiting room, billing office, and multiple exam rooms designed for efficient medical operations. Additional highlights include ST-1 zoning, a new roof installed in 2024, and a highly sought-after Venice Island location convenient to businesses, restaurants, healthcare services, and area amenities. A rare opportunity for investors seeking dependable cash flow, quality medical tenancy, and long-term appreciation potential in a premier Florida market.

241 NOKOMIS AVENUE S

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Related Properties

A rare and exceptional opportunity to acquire a high-value, income-producing executive office suite portfolio in a prime commercial location on E Venice Avenue. This exclusive property encompasses 6,639 square feet across the entire second floor of the building and is configured into six premier executive suites. This unit is ideal for the discerning commercial real estate investor seeking stable returns or an owner-user looking for a prestigious headquarters with significant built-in rental income potential. INVESTMENT HIGHLIGHTS Attractive Price Point: Offered at $195.88 per square foot, this presents a competitive value for a high-quality commercial asset in the rapidly growing Venice market. Immediate Cash Flow: The unit is already producing income with two of the six executive suites currently leased by quality tenants. Significant Upside: Four vacant suites offer the new owner maximum flexibility to lease at market rate (with local rates averaging $25.00/SF/YR for Class A space), significantly increasing the Net Operating Income (NOI). Prime Location: Excellent visibility and accessibility on E Venice Ave, a key thoroughfare for professional and medical businesses. EXCLUSIVE AMENITIES & ACCESS Unit 4F stands apart by offering an unrivaled level of privacy and prestige that attracts high-caliber tenants: Dedicated Entry Experience: The offering includes the exclusive use and control of the building's main lobby and elevator, providing a private, executive-level entry point that ensures maximum professionalism and separation from other tenants. Configurable Suites: The six-suite layout is highly adaptable for professional offices, medical use, or can be consolidated for a single large corporate user. Professional Building: Modern construction and superior maintenance designed to attract and retain long-term, high-quality tenants.
#TB8476114

VENICE

1500 E VENICE AVENUE 4F

None Beds

None Baths

6,639 Sq.Ft.

$1,300,000

MLS#: TB8476114

- property

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