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100% Leased 5.3 Cap Office Property!

$1,100,000

1111 9th Ave. W., Bradenton, FL 34205

Active
Last Updated: 08/04/2022

5,616 sqft

Building Size

0.321 acres

Lot Area

Details:
Building Size:    5,616 sqft
Lot Area:    0.321 acres
Occupancy:    100%
Class:    B
Units:    5
Year Built:    1984
Floors:    1
Parking Spots:    16
Highlights:
  • - Fully Leased Building
  • - 3 of 5 suites just renovated
  • - NOI of $60k annually
  • - Low Maintenace investment
  • - Central Downtown Location
Description:

In a market environment where very little inventory is left, we are delighted to bring this amazing asset to market. This parcel is a longstanding downtown core office building which is now completely filled with tenants and generating solid and dependable income streams for any savvy investor looking for a secure annual return.

No-nonsense construction, low hassle upkeep and low maintenance tenants equal a worry-free downtown investment in an area that has been seeing steady and predictable value growth year over year as Downtown Bradenton continues to explode in revitalization!

Located at the entrance to the Village of the Arts district on the southern edge of downtown Bradenton

Water/Trash - City of Bradenton
Electric - Florida Power and Light
Telecom - choice of Spectrum or Frontier

Florida Power and Light

THE W1/2 OF THE FOLL DESC LAND, LESS THE S 15.0 FT; COM 477.3 FT W OF THE NE COR OF THE NE1/4 OF NW1/4 OF SEC 35, TH S 26.5 FT M/L TO THE S R/W LN OF 9TH AVE W FOR A POB; TH W ALG THE SD S R/W LN, A DIST OF 159.95 FT TO THE E R/W LN OF 12TH ST W; TH S ALG SD E R/W LN, A DIST OF 190.20 FT TO THE N LN OF A PRESTON BOYDS SUB, TH E ALG SD N LN, A DIST OF 160.95 FT; TH N 188.55 FT TO POB PI#43474.0000/6

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