Retail-Commercial for Sale
Catylist Listing ID: 30343382
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail, Vehicle Related
Building Size (RSF): 2,880 SF
Gross Land Area: 103,591 SF
Sale Price: $929,000
Unit Price: $322.57 PSF
In Opportunity Zone? Yes
Property Use Type: Business
Usable Size (USF): 2,592 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 9/29/2019

Overview / Comments

Offered for sale is an assemblage of three currently operated auto sales/rental properties located in an "OPPORTUNITY ZONE", with signage and 575’ frontage on 9TH Street West. Located between the corners of 29 AVE W and 27 AVE W. Great opportunity for 13,500 cars to see your business name daily. The assemblage consists of the properties located at 2721, 2801 and 2815 9th Street West, with three free standing buildings situated on a total acreage of 2.38acres (103,591 sf). The total building area is 2,880 sf, with an interior s/f of 2,592 sf. The properties are asphalt covered, and fenced, with sidewalks across the front. Current use is owner-operated auto sales/rentals, with tenant in place on month-to-month basis. Continued auto related use is allowed under City of Bradenton Form Based Code. Environmental impact studies completed, and survey available. Seller is consolidating and moving business operations to larger location. Seller financing is available.

The buildings on the site are suitable for automotive use, as well as many retail uses. However, given zoning of “T4-O” Urban General, the City of Bradenton’s Form Based-Code “General Character” describes a mix of uses, e.g. “Houses, Townhouses & Small Apartments”, with scattered Commercial activity…etc”. which allows by “Right”, or “By Special Use”, Examples: Multi-Family, Inn, Office, Bed & Breakfast, Retail Building, Restaurant, Cafe, Lounge, Library, Theater, Amusement Center, Parking Lot, Club, Church, etc.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Taxing Authority: Manatee County
Tax ID/APN: 4820000109, 4823700059, 4823800000
Retail Clientele: Business
Property Located Between: 29 AVE W and 27 AVE W
Property Visibility: Excellent
Largest Nearby Street: 9TH STREET WEST
Traffic/Vehicle Count: 13,500
Highway Access: U.S. 41, U.S. 301, and I-75
Airports: SRQ (Sarasota/Bradenton International Airport)
Site Description: Assemblage of three commercial auto sales/retail adjacent properties located in an "OPPORTUNITY ZONE" with a total of 575' frontage on 9TH ST W, fenced-in with entrances, and sidewalk across frontage; three free-standing buildings in very good condition, asphalt paved parking, signage on each parcel, outside lighting, great visibility from street.
Area Description: Bradenton is located on the west coast of Florida, just 8 miles east of the white sandy beaches of Anna Maria Island and Longboat Key, 10 miles north of Sarasota-Bradenton International Airport, 40 miles south of Tampa International Airport, 115 miles southwest of Orlando, and 240 miles northwest of Miami.
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 1
Typical SF / Floor: 2,592 SF
Property Condition: Good
Year Built: 1999
Year Renovated: 2007
Parking Type: Surface
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Retail/office
Zoning Description: “T4-0” General Urban Open Zoning with many diverse types of allowed use or by special use. The City of Bradenton has highlighted this area as general urban open zoning with a variety of mixed uses allowed.
Lot Frontage: 575'
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: 4820000109: LOTS 5,6,7,8 ELKHART TOGETHER WITH LOTS 1,2,17,18 BLK 1 ALSO STRIP 19.6 FT WIDE LYING N OF & ADJOINING LOTS 1 & 18 BLK 1 THE PINES. PI#48200.0010/9 4823700059: LOTS 3,4,5,14,15 & 16 BLK 1 THE PINES PI#48237.0005/9 4823800000: LOTS 6,7,8,9 BLK 1 THE PINES PI#48238.0000/0

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,821 111,734 198,901
Median Age: 37.42 41.14 43.76
Households: 8,255 46,440 83,792


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