Remarks

Under contract-accepting backup offers. PRIME COMMERCIAL OPPORTUNITY in Downtown Bradenton! Welcome to an exceptional investment opportunity in the heart of downtown
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!

Details

MLS#: U8248248
Price: $975,000

Style: Mixed Use
Sq Ft: 10090
Year Built: 1960

County: Manatee
Subdivision: DRYMANS RESUB
Tax Fee: 11465