Landmark Downtown Bradenton Office Building

$5,750,000

1111 3rd Ave W, Bradenton, FL 34205

For Sale

Office Building

Active

Last Updated: 02/13/2024

Details:

Cap Rate: -0.11%

NOI: $-6,092.11

Building Size: 35,878 sqft

Lot Area: 1.034 acres

Class: B

Year Built: 1983

Floors: 3

Offered by Broker

Joanna Ginder

lan Black Real Estate

Melissa Harris

Ian Black Real Estate

Description:

Ian Black Real Estate is pleased to present to opportunity to purchase a landmark building in the heart of Downtown Bradenton. Listed at $160 PSF the property is available well below replacement value, especially in today's competitive market. The building is the former home of the Bradenton Herald and is now ready for occupancy. The property has 72 onsite parking spaces and is directly adjacent to the City of Bradenton's new parking garage with 500 parking spaces.

Centrally located in Downtown Bradenton, close to restaurants, businesses and municipal offices