Office Building Priced To Sell

Office for Sale
Catylist Listing ID: 30054203
Property Subtypes: Office Building
Building Size (RSF): 28,136 SF
Gross Building Area: See Agent
Sale Price: $3,200,000
Unit Price: $113.73 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/15/2017

Overview / Comments

Opportunity to purchase 28,136 Sf office building on 2.96 acres with additional parcels, totaling approximately
1 acre for expansion or additional parking in Bradenton, FL. The property is built of concrete masonry unit
construction with a combination of painted stucco and decorative stone exterior finish and a flat, built-up roof.
Significant renovations to 20,000 SF were made around 2005 including new restrooms, floors, ceilings, lighting
and air conditioning. New work was completed in 2014 and 2015 including new roof, facia & gutter system,
repairs to existing a/c systems, parking lot, interior & exterior paint, new exterior security lighting, existing fire
alarm control panel plus pull stations, audio & visual alarms. Heating and cooling is provided by 6 electric roof
mounted units, each 3.5 ton capacity. In addition there are 11 split systems ranging in size from 2.5 to 5 tons.
Electrical is three phase, four wire service to an 800 amp main panel.
Layout includes 2 separate entrances, lobbies, multiple offices, conference rooms, lunch room,
telecommunication room, storage rooms and 4 ADA accessible restrooms. Ceiling heights are 8' 8". The
parking provides 211 spaces, including 10 handicapped spots. The property has 273 feet of frontage along
13th Ave. East and 309 feet of frontage along Third Street West. Zoning is T4-O General Urban Open.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 4619000005

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,653 95,434 197,558
Median Age: 33.23 41.42 43.57
Households: 2,808 39,223 83,124
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