Hard Corner, Free Standing w/ 1.7 Acres +/-

Office for Sale
Catylist Listing ID: 30794264
Property Subtypes: Medical, Mixed Use, Office Building
Building Size (RSF): 10,968 SF
Gross Building Area: See Agent
Gross Land Area: 1.68 Acres
Sale Price: $2,650,000
Unit Price: $241.61 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/12/2022

Overview / Comments

Take our virtual tour: https://my.matterport.com/show/?m=6fFU1LNdLNP
Former Regions Bank
Elegant Classical Architectural Style
Free-standing visually-prominent corner building
Exceptional Frontage
On signalized hard corner of 26th Street West & 60th Avenue West

On 26th Street West, one of the major north/south Manatee County corridors, in a high density community with strong demographics. Across the street from the State College of Florida main campus with 11,000 students enrolled and near the Manatee Technical College. Next to the Bayshore Crossings neighbor shopping center and near some of Bradenton’s most affluent waterfront neighborhoods. Multiple points of ingress and egress on 26th street and 60th avenue, with access to the lighted intersection at the corner.

Approximately 5,638 sq. ft. on ground floor and approximately 5,329 sq. ft. on 2nd floor, total of approx. 10,968 square feet. Floor plans & survey available.

Approximately 1.68 acres, 73,180 sq. ft., containing an abundant 54 parking spaces

Frontage: 375 feet of frontage on 26th street, 256 feet on 60th avenue.

Traffic Count: 20,000 AADT Parking ratio: 5.41/1000 sf.

Built 1989. High quality construction and interior installation. Sprinklered. Six hvac units: 10 ton split system; 7.5 ton, two 3.5 ton, two 2 ton. New roof 2010. Prominent signage. Handsomely landscaped. Three drive-through covered customer lanes with pneumatic tube system. Large 8’ x 15’ bank vault room.

Zoned PR-M (professional- medium): permits medical clinics, medical offices, bank, credit union, pharmacy, urgent care, general offices, cafe/sidewalk cafe, daycare center, veterinarian/animal hospital, most retail (with a special use permit). This zoning designed to provide for office development on a medium scale to serve nearby residential neighborhoods. This district may also facilitate mixed-use, including attached dwellings, multi-family residential and office within Urban Corridors.

*An application has been made to convert this to NC neighborhood commercial zoning.

Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 6136710503
Zoning: PR-M
Property Visibility: Excellent
Number of Stories: 2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,372 86,721 174,798
Median Age: 47.07 44.61 44.84
Households: 6,966 38,825 75,771


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