Landmark Downtown Bradenton Office Building
Office
for Sale
| Catylist Listing ID: |
30831947 |
| Property Subtypes: |
Office Building
|
| Building Size (RSF): |
35,878 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
1.03 Acres
|
| Sale Price: |
$5,495,000 |
| Unit Price: |
$153.16 PSF |
| Property Use Type: |
Investment |
| Class of Space: |
Class B |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
2/28/2023 |
Overview / Comments
Ian Black Real Estate is pleased to present to opportunity to purchase a landmark building in the heart of Downtown Bradenton. Listed at $153 PSF the property is available well below replacement value, especially in today's competitive market. The building is the former home of the Bradenton Herald with ground floor offices now ready for occupancy. This vacancy is perfect for an owner occupier, while the second and third floors allow for future expansion or income potential. 85% of the offices on the second and third floors are currently leased at below market rates with short term leases. The property has 72 onsite parking spaces and is directly adjacent to the City of Bradenton's new parking garage with 500 parking spaces.
Please follow the link for the CA: https://buildout.com/plugins/581dcb71bc3d5ce878fc24b935097bb5bfc71917/inventory/1159954-sale
|
Additional Details
| Nearest MSA: |
North Port-Sarasota-Bradenton |
| County: |
Manatee |
| Tax ID/APN: |
3294701009 |
| Zoning: |
CITY OF BRADENTON T-5 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,064 |
94,726 |
188,869 |
| Median Age: |
37.63 |
40.34 |
43.41 |
| Households: |
3,738 |
37,905 |
79,178 |
|
© Copyright 2001-2023 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither My Florida Commercial Real Estate nor
Moody's assume any liability for errors or omissions.
|
