Venice retail plaza sells off-market for $3.5M


The property at 1846 S. Tamiami Trail in Venice is known as Summit Plaza.
The property at 1846 S. Tamiami Trail in Venice is known as Summit Plaza.
Courtesy image
  • Manatee-Sarasota
  • Share

A fully leased strip mall in Venice recently sold for $3.5 million. 

The shopping plaza at 1846 S. Tamiami Trail sold in late April, and SVN Commercial Advisory Group, which represented both the buyer and seller, announced the closing at the end of May.

The buyer of Summit Plaza was an LLC with an address in Brooklyn, New York. The seller was Bersam Development Company, according to Sarasota County property records.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news

Latest News

Sponsored Content