Totally Remodeled Retail or Office Building!

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30771562
Property Subtypes: Executive Suites, Medical
Status: Pending/Contingent
Building Size (RSF): 2,635 SF
Gross Land Area: 0.44 Acres
Sale Price: $649,000
Unit Price: $246.30 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Usable Size (USF): 2,635 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/8/2021

Overview / Comments

So many amazing qualities it is sure to be snatched up quickly! This building was completely gutted and meticulously renovated/remodeled by the owners in late 2015 and even has electrical and data installed for potential medical use. An extremely functional floorplan easily lends itself to either office use or a retail storefront. (also demised and designed to be split into 2 spaces as well)

And with the location directly on Cortez Road at a signalized light - the visibility and daily traffic counts are sure to please. Currently leased out by a Spa tenant for the last 5 years, they have outgrown the space and are expanding to a new location elsewhere - leaving the entire space available for an owner-user, or a savvy investor looking to fill it and make a healthy cap-rate generating income.

Call us today to schedule a walk through of this incredible space before it's gone!

Beautifully remodeled
Cortez / Corner Frontage
Lots of Parking
Demisable as one or two units
Well–Maintained

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Taxing Authority: Manatee County
Tax ID/APN: 5166300003
Zoning: GC, PR-M
Property Located Between: Cortez Road West & 59th Street West
Property Visibility: Excellent
Airports: Bradenton-Sarasota, St.Pete-Clearwater, Tampa International
Area Description: Located on the south side of Cortez Road at the signalized intersection of Cortez and 59th St. W.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,635 SF
Year Built: 1960
Year Renovated: 2016
Construction/Siding: Concrete
Exterior Description: Block construction
Parking Type: Surface
Parking Description: Large Parking lot on north side
Total Parking Spaces: 10
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: Completely updated and remodeled interior - electrical, plumbing upgrades, etc..
Lot Frontage: 143
Lot Depth: 136
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Marigny Rectangle, LLC
Legal Description: LOT 1 LESS S 5 FT BLK A CORTEZ ESTATES SUBJ TO F P L EASMT DESC IN ORB 878 P 949 PRMCF PI#51663.0000/3

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,758 85,574 156,807
Median Age: 47.19 47.14 45.21
Households: 6,081 39,678 68,074

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