Price Reduced 15.22%


Price History

$1,150,000
7/15/2024

$1,050,000
8/13/2024

$975,000
8/19/2024


1027 9th STREET W, Bradenton, FL, 34205

1027 9th STREET W, Bradenton, FL, 34205

PRIME COMMERCIAL OPPORTUNITY in Downtown Bradenton! Welcome to an exceptional investment opportunity in the heart of downtown Bradenton! This commercial building is situated in a designated opportunity zone, offering unparalleled potential for growth. Location, Location, Location: Nestled in the rapidly developing downtown area, this property has high visibility and foot traffic. It’s surrounded by a mix of businesses, dining establishments, and cultural attractions, making it an ideal spot for a variety of commercial uses. As part of an opportunity zone, investors can take advantage of significant tax benefits. The building boasts 10,090 sq ft of a flexible floor plan with 7 office spaces and 16 dorm-style rooms that can accommodate double occupancy, a commercial grade kitchen, a big dinning hall, a reception/resting area, two bathroom facilities with 4 stalls in each one, two showers including one that's handicap accessible, and a laundry room. With the current set up, it's ideal for a medical office, or an assisted living facility. The building can also be easily adapted to suit retail, office, and mixed-use purposes. Situated on a 37,801 sq ft lot, with plenty of parking spaces, all create a fantastic opportunity for mixed-use developments, affordable housing, retail spaces and more. Conveniently located with easy access to highways and public transportation, ensuring seamless connectivity for employees, residents, and customers alike. Downtown Bradenton is experiencing a major growth, with numerous redevelopment projects and a surge in local business activity. This property is perfectly positioned to benefit from the ongoing growth and revitalization efforts. The continuous development in the downtown area makes this location highly desirable for both commercial and residential purposes, ensuring a lucrative investment opportunity. Contact us today to schedule a viewing and explore the limitless possibilities this property has to offer!


Status:

Active

Type:

Lot / Acreage

Subdivision:

DRYMANS RESUB

Lot Size:

150 x 250

Acreage:

0.87

Est. Taxes:

$11,465

Current Use

Business

Utilities

BB/HS Internet Capable, Electricity Available, Phone Available, Public, Sewer Nearby, Water Nearby

Lot Description:

Central Business District, City Lot, Near Public Transit, Oversized Lot, Sidewalk, Special Taxing District

Days on Market:

35

MLS #:

U8250220


Community Info

School Info

Walk Score

Yelp



Listing courtesy of LPT Realty Phone: 877-366-2213