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Unit Size: 5,243 SF
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Condo Use: Medical Office
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Price: $1,299,000 USD
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Sale Type: Owner User
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Price/SF: $247.76 USD
Description
Convenience is a priority with abundant parking, a covered patient drop-off area, and 24-hour access. The property enjoys proximity to Venice’s vibrant downtown, Gulf Coast beaches, and popular dining and retail, reinforcing its attractiveness for both healthcare providers and investors. The surrounding area hosts a population exceeding 100,000 within five miles and boasts average household incomes over $100,000, providing a robust patient and customer demographic.
Sale Notes
Position your investment at the heart of Venice’s thriving medical corridor with this premier medical office opportunity at Lakeside Medical Center. This second-floor suite offers a thoughtfully designed layout featuring 14 exam rooms, three offices, a conference room, kitchen, lab, and ample storage. Recent upgrades, including new flooring and paint, enhance the professional appeal, while abundant parking and a covered drop-off area ensure convenience for patients and staff alike.
Strategically located near Venice’s vibrant downtown, pristine Gulf beaches, and popular dining destinations, the property benefits from strong regional demographics and economic growth. The surrounding area boasts an average household income exceeding $100,000 and a population of over 100,000 within five miles, creating a robust patient base. Easy access to major transportation routes further strengthens connectivity for healthcare providers seeking a central, accessible location.
With a sale price of $1,299,000 and a cap rate of 3.31%, this asset offers both stability and upside potential. The current lease runs through December 2027, but the seller is flexible, allowing for early occupancy as soon as September 2026. Whether you’re expanding your medical practice or seeking a secure investment in a high-demand market, this property delivers exceptional value and long-term growth prospects.
Brad Lindberg
SVN | Commercial Advisory Group