Central Bradenton - LECOM Park Commercial Opportunity

Retail-Commercial for Sale
Also listed as Vacant Land
Catylist Listing ID: 30811718
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 1,644 SF
Gross Building Area: See Agent
Gross Land Area: 24,726 SF
Sale Price: $675,000
Unit Price: $410.58 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Usable Size (USF): 1,644 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/7/2022

Overview / Comments

Excellent retail, office/showroom or redevelopment opportunity in the heart of
central Bradenton in the shadow of LECOM Park. Property has a freestanding
building that can be utilized with excess land, or removed for new construction of
a larger retail or other commercial facility.
Building is currently occupied by Final Finish Automotive Paint & Supplies who
will vacate upon a sale (potentially subject to a short-term post-closing
occupancy). This property is being sold as real estate only.
Future Land Use of Urban Village (UV) allowing for up to 25 dwelling units per
acre (30 DU/AC for workforce housing units). This district is designed to facilitate
continued use of already developed high density residential development and to
provide for a compact, mixed-use, center of activity with neighborhood and
community serving uses at a pedestrian scale and character. Possible uses
include; multi-family, retail, restaurant/cafe, and office use.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 4421100001
Zoning: URBAN VILLAGE
Property Located Between: 17th Avenue West & 13th Avenue West
Property Visibility: Excellent
Largest Nearby Street: US 41
Feet of Frontage: 158
Traffic/Vehicle Count: 13,500
Highway Access: US 301
Airports: Sarasota- Bradenton international Airport
Area Description: High visibility retail located directly across the street from historic LECOM Park. This premium commercial property is in the heart of Bradenton in the Village of the Arts with easy access to the central downtown area and Palmetto to the North. Then via U.S. 41 & U.S. 301 going north & south, and SR 64 and SR 70 running east-west, this site also has easy access south to Sarasota, east to Lakewood Ranch or west out to the beaches of Anna Maria Island. This property is literally in the shadow of LECOM Park, the Spring Training home of the Pittsburgh Pirates and home of the Single-A Bradenton Marauders. Property is only 6 minutes from Manatee Memorial Hospital and 16 minutes from the Sarasota Bradenton International Airport. Located just south of Downtown Bradenton and the beautiful new Riverwalk on the Manatee River, this property is within easy walking distance of two of Bradenton's most popular breweries and the hub of the Village of the Arts, one of the most popular tourist attractions downtown.cx
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,644 SF
Property Condition: Good
Year Built: 1949
Parking Type: Surface
Parking Description: Ample Parking
Lot Frontage: 158
Lot Depth: 177

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,513 106,057 194,547
Median Age: 37 40.9 43.32
Households: 5,645 43,627 81,492
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