Excellent Condition/Move-In Ready Office Condominium

Office for Sale
Catylist Listing ID: 30851893
Property Subtypes: Office Building
Building Size (RSF): 2,100 SF
Gross Building Area: See Agent
Sale Price: $429,000
Unit Price: $204.29 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 2,100 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/2/2023

Overview / Comments

Excellent Investment opportunity in this highly sought after office location directly on Cortez Road West. Just minutes away from our gorgeous Golf Beaches, 8.5 miles from Sarasota/Bradenton Airport, 5 miles to Downtown Bradenton and 8 miles to Sarasota. Surrounded by restaurants, retail stores and conveniently located close the public transportation. Current Net Operating Income exceeds $30,000 annually. Call to discuss lease specifics. Great Investment opportunity with a newly renovated professional office in excellent location. Listing consists of Suite 4 & 5 on the second floor of this two story professional building called 5300 Professional Building. Open paved Parking lot with ample parking for employees and guests.

Financials

Finance Data Year 2023
Net Operating Income $31,937 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 5111101001
Zoning: GC
Property Visibility: Excellent
Airports: Sarasota/Bradenton Airport 8.5 miles
Area Description: Cortez Road is a heavily traveled west and east bound major road with over 30,000 cars per day. Close proximity to Airport, Gulf Coast Beaches, Downtown Bradenton and Sarasota.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1985
Year Renovated: 2021
Parking Type: Surface
Parking Description: Plenty of surface parking for employees and guests.
Zoning Description: General Commercial

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,026 94,875 168,247
Median Age: 49.93 46.44 44.15
Households: 7,334 43,469 71,654
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