Investment Opportunity!! Call to preview this rare find! Please see attached info for property. This property is in an opportunity zone, which yields tax benefits. The property is zoned T5 and is permitted for 13 regular apartment units or 17 "affordable housing" units as well as duplexes & triplexes. The property's zoning code also allows for retail, hotel, office, storage units, restaurant, small school and a variety of other commercial uses. Property is located directly off of Bradenton's main highway. Additionally, the property is neighboring 5-6 apartment complex within a 1-mile radius. This Prime Located Commercial Building is walking distance to Manatee Memorial Hospital, Bradenton Riverwalk & some of Bradenton’s hottest food venues. The building is located directly off the corner of 1st street (Bradenton’s busiest highway) with quick access to all of Bradenton’s best locations. The interior layout is very modern and simplistic. Interior repairs needed. Excellent monument signage directly off main intersection. Take advantage of this magnificent investment opportunity today!
Financial Considerations
Price:
$450,000
HOA Fee:
N/A
Tax Amount:
$2971
Price per SqFt:
$256.7
Tax Legal Description:
THAT PART OF LOTS 5, 6 AND 7 BLK A SHARP'S ADD AS REC IN PB 6, PG 68 PRMCF LYING WITHIN THE FOL DESC: FM THE NW COR OF SEC 36, S 00 DEG 01 MIN 15 SEC W ALG THE W LN OF SD SEC A DIST OF 30.00 FT; TH S 89 DEG 58 MIN 45 SEC E A DIST OF 160.00 FT TO THE NW COR OF AFORESAID LOT 7; TH S 00 DEG 01 MIN 15 SEC W A DIST OF 27.59 FT TO THE SLY R/W OF 9TH AVE E & THE POB; TH S 87 DEG 17 MIN 00 SEC E ALG SD R/W LN A DIST OF 136.01 FT; TH S 00 DEG 01 MIN 15 SEC W A DIST OF 106.02 FT TO THE S LN OF AFORESAID LOT 5 AT A PT 14.14 FT W OF SE COR OF SD LOT 5; TH N 89 DEG 58 MIN 45 SEC W A DIST OF 135.86 FT TO THE SW COR OF AFORESAID LOT 7; TH N 00 DEG 01 MIN 15 SEC E ALG THE W LN OF SD LOT 7 A DIST OF 112.41 FT TO THE POB (2207/5206) PI#46198.0000/8