Three Story Iconic Downtown Masterpiece

Office for Sale
Also listed as Retail-Commercial, Hospitality
Catylist Listing ID: 30642160
Property Subtypes: Executive Suites, Mixed Use, Office Building
Building Size (RSF): 5,188 SF
Gross Building Area: See Agent
Gross Land Area: 0.25 Acres
Sale Price: $949,000
Unit Price: $182.92 PSF
Property Use Type: Vacant/Owner-User, Business
Building Name: Londoner Bed & Breakfast
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/17/2021

Overview / Comments

Wow! What a Amazing Opportunity in our Downtown Urban Core just a stones throw away from the Manatee River! This Incredible Three Story Masterpiece which sits on a large corner lot could be yours! The opportunities are endless with this location and current zoning of T4-O. Currently, this property is known as the well known Londoner Bed & Breakfast with six private rooms and seven and half bathrooms. The first floor of this gorgeous structure has very large open rooms, a spacious full kitchen, and a Beautiful Old Florida wrap around wooden porch. The second and third floors currently hold the extremely spacious private rooms. This property could absolutely remain a full service B & B or could also transition easily into someones private office, a live work situation, a retail building, an Amazing Restaurant/Cafe/Private Events, a Medical Building and more! The property has just over a quarter of an acre with two building structures currently. The Main House has 4,512 useable square feet, this doesn't account for the very large open porch which adds an additional approximate 800 sq.ft. The second structure is a two story garage apartment with 670 useable square feet of air conditioned space. This detached garage apartment is in addition to the six rooms the main house holds. Entire Property has 5,188 useable Square Feet with both structures. This property is a must see and is still being operated as a B & B so showings must be scheduled. Opportunities are Endless in the Priceless Property! Financials available upon request and with a signed NDA.

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Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 3338900008
Zoning: BR T4-0
Property Visibility: Good
Total Number of Buildings: 2
Number of Stories: 3
Year Built: 1920
Year Renovated: 2015
Zoning Description: BR T4-0 General Urban Open, permitted uses are office, retail, restaurants/cafe, live/work, multifamily, single family, and much more

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,504 93,080 184,566
Median Age: 38.01 40.37 43.48
Households: 3,978 37,510 77,616

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