Property Details

1112 MANATEE AVENUE
BRADENTON, Florida FL 34208-2152
$3,900,000 Price
Est. Monthly Payment: $16,748.83 See Details
27,320 Square Feet
1.600 Acres
T2772924 Listing ID
INVESTOR SPECIAL ON THIS CLASS A 27,084 SQ FT 2 STORY OFFICE BUILDING LOCATED IN DOWNTOWN BRADENTON: 1 MILE EAST OF MANATEE MEMORIAL HOSPITAL: BUILDING HAS BEEN COMPLETELY REPAINTED INSIDE AND OUT: NEW ROOF 2015: FIRE SPRINKLERS: ELEVATOR: WHEELCHAIR ACCESSIBLE: ADA BATHROOMS: CURRENTLY RENTED TO A QUALITY TENANT ON A 5 YEAR LEASE AND 5 YEAR OPTION: GROSS INCOME IS $335,390 PER YEAR: $84,799 EXPENSES: NET INCOME IS $250,591 PER YEAR: THIS IS A NET NET LEASE: CAP RATE IS 6.4
Schedule Showing
Status Active
County Manatee
Year Built 2001
Property Type Commercial
Commercial
{"zipcode": "34208", "price": "3900000"}
Down Payment
Credit Score
Points
Loan Amount
Loan Type

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Primary Features

County: Manatee
Property Type: Commercial
Year Built: 2001
Zoning: UCC

Additional

Additional Parcel: no
Adjoining Property: Residential
Availability: For Sale
Cumulative Days on Market: 685
Ceiling Height: 10 to 15 Feet
Class of Space: A
Converted Residence: no
Days on Market: 685
Electrical Service: 220v Power
Legal Description: LOTS 2 AND 9, C H DAVIS SUB; & THE N 16 1/2 FT OF ALLEY LYING S THEREOF, ALSO VACATED ALLEY LYING BETWEEN SD LOTS 2 AND 9; TOGETHER WITH THE FOLLOWING DESC PARCEL: LOT 3, W1/2
Lot Number: 2
Millage Rate: 19.756
Miscellaneous: Cable, Elevator, Security System, Sidewalks, Sprinkler System
Miscellaneous 2: Reception, Restrooms - Public, Waiting Room
New Construction: no
Parcel Number: 3222400109
Pets Allowed: no
Property Status: Existing
Property Style Commercial: General Commercial, Office
Property Use: OFFICE
Range: 17
Section: 25
Special Sale Provision: None
SqFt Gross: 27320
Square Foot Source: Builder
Total Number Buildings: 1
Utilities: City Water, Electric, Public Sewer, Telephone
Zoning Compatible: no

Financial Details

Annual Expenses: 84799
Annual Total Scheduled Income: 335390
Auction: no
For Lease: no
Lease Terms: 6 + Years, Net Net, Tenant Pays Electric, Tenant Pays Sewer, Tenant Pays Water
Listing Price Per SqFt: 142.75
Net Leasable SqFt: 27320
Net Operating Income: 250591
Original List Price: 3900000
Tax Year: 2016
Taxes: 46465

Interior Features

Air Conditioning: Central, Zoned/Multiple
Floor Covering: Carpeted, Tile
Freezer Space: no
Heating and Fuel: Central, Zoned/Multiple
Number of Conference Meeting Rooms: 6
Number of Restrooms: 6

Location Information

Country: United States
Location: In City Limits, Street Paved
LSC List Side: Tampa
MLS Area Major: Bradenton/Braden River
Township: 34
Transportation Access: City

External Features

Exterior Construction: Block, Stucco
Front Footage: 352
Lot Dimensions: 203x352
Lot Size SqFt: 71456
Parking: Over 30 Spaces
Road Frontage: Main Thoroughfare
Roofing: Built Up - T&G
Total Acreage: One + to Two Acres
Water Access: no
Water Extras: no
Water Frontage: no
Water View: no

Zoning Info


Listing information courtesy of GREAT AMERICAN REALTY.

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