Downtown Bradenton Re-Development Opportunity

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30650443
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Vehicle Related
Status: Pending
Building Size (RSF): 7,986 SF
Gross Building Area: See Agent
Gross Land Area: 26,254 SF
Sale Price: $1,999,000
Unit Price: $250.31 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 7,986 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/18/2023

Overview / Comments

Redevelopment Opportunity conveniently located directly on US Business 41 in the center of Downtown Bradenton, Florida. The property consist of a full city block with frontage of 4 streets. Located at the highly visible signalized intersection on the SW corner of 8th Avenue W. and 9th Street W. The unique northeast corner of the property jutting out as it does into the direct sightline of all US Business 41 traffic offers extraordinary advertising and marketing possibilities to over 26,500 vehicles per day according to FDOT.

Zero lot line setbacks allowed on all four streets sides enable full use of the entire site for future building expansion and redevelopment. Property is zoned T-5 under The City of Bradenton Form Based Code. Zoning will allow up to a 12 story building.

Property Highlights:
Land Area: 26,254 sf
Total Building Area: 7,986 sf
Showroom/ Sales Area 3,186 sf
Auto Service Bay Area 2,560 sf
Storage Area 2,240 sf

Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Taxing Authority: City of Bradenton
Tax ID/APN: 3317600009
Zoning: T-5 FORM BASED ZONE
Retail Clientele: General, Business
Property Visibility: Excellent
Largest Nearby Street: Business US Highway 41
Traffic/Vehicle Count: 26,500
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Poor
Year Built: 1970
Lot Frontage: 325
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,681 102,540 193,082
Median Age: 37.67 41.05 43.4
Households: 5,730 41,726 81,068

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