Downtown Bradenton Investment Opportunity

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30843518
Property Subtypes: Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 15,282 SF
Gross Building Area: See Agent
Gross Land Area: 12,549 SF
Sale Price: $1,850,000
Unit Price: $121.06 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 5/23/2023

Overview / Comments

Available for sale is approximately 10,334 st ft of ground floor and 4,000 sq ft of second floor loft space. Ground flood is comprised of three store fronts (Unit 1 - 3,045 sqft, Unit 2 – 3,212 sqft and Unit 3 – 4,077 sqft). Each ground floor unit is open and bright, which is perfect for a variety of retail, restaurant and or office use. The second floor, which is above Unit 3, could serve as additional space to Unit 3 or could be converted to one or two loft/apartment spaces. The second-floor loft space has great looking open wood frame trusses. There is ample public parking in proximity to building (see parking info page in OM), along with evening/weekend parking adjacent to building.

Built in 1922. Interior renovation and upgrade completed in 2000. Ceiling heights: 16', 12' and 11'. Newly sprinklered, heavy duty electric service.

Owner has tenant/lease in place for Unit 3. Please inquire within for lease details.

Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 3299700059
Zoning: T-5
Property Visibility: Good
Construction/Siding: Block
Parking Type: Other
Parking Description: There is no dedicated parking for building. Room for 3 spaces behind building for owner/staff. Ample public parking in proximity to building (see parking info page in OM). Evening and weekend parking in lot adjacent to building.
Sprinklers: Wet
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,697 97,772 183,340
Median Age: 38.67 40.76 43.31
Households: 5,110 39,787 77,018

Contact

Photograph of Listing Agent

Ryan McDonald

SVN COMMERCIAL ADVISORY GROUP
MFCRE Member
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