East Bradenton Street To Street Commercial

Retail-Commercial for Sale
Catylist Listing ID: 30719129
Property Subtypes: Car Wash, Convenience Store, Free-Standing Building, Garden Center, Mixed Use, Post Office, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Vehicle Related, Other
Building Size (RSF): 3,200 SF
Gross Land Area: 48,717 SF
Sale Price: $1,499,000
Unit Price: $468.44 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 3,200 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/19/2021

Overview / Comments

Listing consists of five D.P.#'s:1) 4700300009,2) 4700200001, 3) 4700100003, 4) 4700400007 and 4700500004. Combined property runs from street to street, 270' of road frontage on 15th Street East and then west on 30th Avenue approximately 260'.The SE corner of the property is located on a hard, lighted corner. All of property 1, 2, & 3 and the eastern 55' of #4 are zoned General Commercial and the western 150' of property four and five are zoned RDD-6. This is prime for redevelopment for fast food, supermarket, retail, etc. Income potential for current rental units could produce NOI of $50,000/year with a resultant 3.6% Cap Rate.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Taxing Authority: ManateeCounty
Tax ID/APN: 4700300009, 4700200001, 4700100003, 4700400007, 4700500004
Zoning: GENERAL COMMERCIAL
Retail Clientele: General, Family, Business, Traveler, Tourist, Other
Property Located Between: 29th Avenue East and 30th Avenue East
Property Visibility: Excellent
Largest Nearby Street: 15th Street East and New 301
Feet of Frontage: 270
Traffic/Vehicle Count: 30,000
Highway Access: Property fronts on 15th Street East (SR 70A) and 30th Avenue East. From there, you may access New 301 either from 30th Avenue East or from 15th Street East.
Airports: Sarasota - Bradenton
Site Description: Consists of a two-story, mixed use building currently under renovation and a 2,052 SF concrete block home. The remainder of the property is vacant land. Property is visible from Highway New 301.
Area Description: Commercial, residential, industrial, integrated highway systems.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Typical SF / Floor: 1,600 SF
Property Condition: Fair
Year Built: 1945
Year Renovated: 2021
Roof Type: Gable
Construction/Siding: Concrete
Total Parking Spaces: 10
Parking Type: Surface
Sprinklers: None
Heat Type: Other
Air Conditioning: Engineered System
Internet Access: Cable, DSL, Fiber Optic
Zoning Description: GENERAL COMMERCIAL
Water Service: Municipal, Well
Sewer Type: Municipal
Easements: Utilities
Land Ownership: INDIVIDUAL AND CORPORATE
Legal Description: LONG LEGAL

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,433 100,840 203,813
Median Age: 28.75 40.68 44.33
Households: 3,440 41,296 86,003

Contact

Photograph of Listing Agent

Daniel Douglass

J. DANIEL DOUGLASS
MFCRE Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither My Florida Commercial Real Estate nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.