For Sale
$1,199,000

3653 Cortez RdBradenton, FL 34210

Partially leased, high-income potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a partially leased, freestanding Class B office building in Bradenton, Florida's desirable Wildewood Office Park. Located at 3653 Cortez Rd W, this single-story, 5,762 square foot building sits on a 0.57-acre lot (APN 5182801259) and boasts four units. Currently, three tenants occupy 1,692 square feet, generating a substantial $33,678 annual gross income. The remaining 4,070 square feet (Suite 110) is available for owner-occupancy, featuring 11 offices, two conference rooms, a lobby, kitchen/breakroom, storage, and restrooms. Separate building entrances ensure tenant privacy. Built in 1989, this property benefits from a modified lease structure and is zoned PD-C. The Wildewood Office Park offers a peaceful, wooded setting while maintaining convenient access to Cortez Road's bustling commercial activity. The property is part of a well-maintained 12-building complex on nearly 13 acres, managed by an owner's association responsible for shared amenities and maintenance, ensuring a consistently attractive and functional environment. This is not a condominium; owners hold individual land and building ownership. The asking price is $1,199,000 ($208.09/sq ft), and seller financing may be available to qualified buyers. This presents a rare chance to acquire a strong-performing asset in a thriving market with low vacancy rates (under 5%).

Highlights

  • $1,199,000 asking price for a 5,762 SF office building.
  • Partially leased, with 1,692 SF generating $33,678 annual gross income from three tenants.
  • 4,070+ SF available for owner-occupancy.
  • Seller financing may be considered.
  • Located in Bradenton, FL, in a desirable area with low vacancy rates (under 5%).
  • One-story, 1989-built Class B building on a 0.57-acre lot.

Property Details for 3653 Cortez Rd

Property type
Office properties
Square Feet
5,762 SF
Class
B
Year Built
1989
Buildings
1
Stories
1
Lot Size (sq. ft)
24,829 SF
Units
4

Location Insight

City
Bradenton
County
Manatee
State
Florida
Latitude
27.4609469
Longitude
-82.6006841
3653 Cortez Rd, Bradenton, Florida

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3653 Cortez Rd
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