Excellent Downtown Bradenton Investment or Redevelopment Opportunity!

Office for Sale
Also listed as Vacant Land, Multi-Family
Catylist Listing ID: 30604683
Property Subtypes: Mixed Use, Office Building, Other
Building Size (RSF): 5,000 SF
Gross Building Area: See Agent
Gross Land Area: 0.46 Acres
Sale Price: $899,000
Unit Price: $179.80 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/25/2020

Overview / Comments

Prime Location in the Heart of Downtown Bradenton. This .46 acre Redevelopment Opportunity is comprised of three separate parcels with all three being owned by one ownership. In our Downtown Urban Core we have some very attractively zoned parcels and this is definitely one of them. Current zoning is BR-T5 which allows for an abundance of uses including but not limited to Multi-Family, Hotel, Retail, Office/Medical, B&B, Parking lot/garage, live-work. These are all permitted uses within the T5 zoning and many more available with a special use permit. Anyone traveling East on Manatee Avenue through downtown, will be driving right by this premier real estate site. These parcels provide 3 major Ingress/Egress from 15th St. W., 6th Ave. W., and 7th Ave. W. Currently there are two buildings which could provide rental income while working through your planning phase of redevelopment. One building is a quaint two story commercial building that sites on 1505 6th Ave. West. The other building is a two story house with a detached garage apartment. This house allows for three rental units and is at 1514 7th Ave. West. These properties are a must see wether your wanting to keep the buildings for potential rental income or redevelop the entire sight to capture the prime visibility of this corner!

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 3357300007,3357500002,3357400005
Zoning: T5

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,539 104,411 188,883
Median Age: 37.43 40.94 43.22
Households: 5,708 43,232 79,170

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