119 Bridge Street

119 Bridge Street, Bradenton Beach, FL 34217 MLS# A4494376 Commercial Sale Listing Status: Active
8,290 sqft
34
0
0
0

REMARKS:

Prime investment opportunity at a great price in a new construction mixed use development on Bridge street .Currently there is only two vacant units with the others stable after the lockdowns .This property proved to be pandemic proof with its tenancy during 2020 . The property also benefits from being granted planning approval last year to construct apartments over the large private rear parking lot , these would be projected to increase gross revenue by at least $25,000 per month . Property is currently achieving a Gross income of $300,000PA or a 8% gross cap rate . More information for the property can be seen on www.theislandplaza.com Full architectural plans available

OVERVIEW:

Commercial Sale
Mixed Use
Active
Cortez Beach
2018
Slab, Stilt/On Piling
Metal
Block, Concrete
8290
0.23
Central Business District,Historic District
0 to less than 1/4
13 to 18 Spaces
Central Air, Mini-Split Unit(s)
Electricity Available, Natural Gas Available, Water Connected

FEATURES:

Closed Circuit Camera(s),Fire Alarm,Fire Sprinkler System,Security Lights,Smoke Detector(s)

ROOM INFO:

Ceramic Tile, Concrete

FINANCIAL:

$3,995,000
$23,728
2020

NEIGHBORHOOD & SCHOOL INFORMATION:

 

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Data Last Updated: 04/17/2021, 12:43:38 AM

 

Listing information courtesy of AMI REAL ESTATE INC