UPDATED:
11/11/2024 10:05 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
Square Footage 10,090 sqft
Price per Sqft $96
Subdivision Drymans Resub
MLS Listing ID U8248248
HOA Y/N No
Originating Board Stellar MLS
Year Built 1960
Annual Tax Amount $11,465
Lot Size 0.870 Acres
Acres 0.87
Property Description
Bradenton! This commercial building is situated in a designated opportunity zone, offering unparalleled potential for growth. Location, Location, Location: Nestled in the rapidly developing downtown area, this property has high visibility and foot traffic. It’s surrounded by a mix of businesses, dining establishments, and cultural attractions, making it an ideal spot for a variety of commercial uses. As part of an opportunity zone, investors can take advantage of significant tax benefits. The building boasts 10,090 sq ft of a flexible floor plan with 7 office spaces and 16 dorm-style rooms that can accommodate double occupancy, a commercial grade kitchen, a big dinning hall, a reception/resting area, two bathroom facilities with 4 stalls in each one, two showers including one that's handicap accessible, and a laundry room. With the current set up, it's ideal for a medical office, or an assisted living facility. The building can also be easily adapted to suit retail, office, and mixed-use purposes. Situated on a 37,801 sq ft lot, with plenty of parking spaces, all create a fantastic opportunity for mixed-use developments, affordable housing, retail spaces and more. Conveniently located with easy access to highways and public transportation, ensuring seamless connectivity for employees, residents, and customers alike. Downtown Bradenton is experiencing a major growth, with numerous redevelopment projects and a surge in local business activity. This property is perfectly positioned to benefit from the ongoing growth and revitalization efforts. The continuous development in the downtown area makes this location highly desirable for both commercial and residential purposes, ensuring a lucrative investment opportunity. Contact us today to schedule a viewing and explore the limitless possibilities this property has to offer!
Location
State FL
County Manatee
Community Drymans Resub
Zoning C3
Direction W
Interior
Cooling Central Air
Exterior
Community Features Sidewalks
Utilities Available BB/HS Internet Capable, Electricity Available, Phone Available, Public, Sewer Nearby, Water Nearby
Building
Lot Description City Limits, Near Public Transit, Oversized Lot, Sidewalk, Special Taxing District
Entry Level One
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Structure Type Block
New Construction false
Others
Ownership Sole Proprietor
Acceptable Financing Cash, Conventional, FHA, Other
Listing Terms Cash, Conventional, FHA, Other
Special Listing Condition None
Learn More About LPT Realty
Holly Wolfer
Broker Associate | License ID: BL3328122
Broker Associate License ID: BL3328122