1111 3Rd AveBradenton, FL 34205
- Office properties
- 35,878 SF
Property Details for 1111 3Rd Ave
- Year built
- 1983
- Lot size
- 1.03 AC
- Property size (Sq ft)
- 35,878 SF
- Zone code
- BR_FBC,BR_T5
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 32947.0100-9
- APU
- 3294701009
Description
This exceptional Class A office building, situated in the heart of Downtown Bradenton on Main Street, offers a diverse range of office spaces perfect for businesses of all sizes. Built in 1983 and currently undergoing renovations including fresh paint and new carpeting, this three-story building boasts a total of 35,878 square feet. The property sits on a 1.03-acre lot and is zoned Form Based Code/T5 Urban. Multiple tenancy options are available, with spaces ranging from a minimum of 180 square feet to a maximum contiguous space of 2,217 square feet. Six spaces are currently available. The building features both executive suites in a shared style on the south hall, and more traditional office spaces on the north hall, providing flexibility to suit various business needs and preferences. This high-profile location offers excellent visibility and accessibility, placing your business in the vibrant center of Downtown Bradenton, near the river. The budget-friendly renovation ensures a professional and modern workspace, ideal for businesses seeking a thriving environment to flourish. The building's single structure comprises three stories.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $8,496,267
- 6.5%
- $7,842,708
- 7%
- $7,282,514
-
Comparable approach
- Method
- Valuation
- Relative Method
- $6,736,184
- Geo Method
- $6,552,399
-
Alternative Use
- Use
- Valuation
- Residential
- $9,724,958
- Hospitality
- $8,908,009
- Educational
- $7,411,359
- Medical
- $7,666,247
- Retail
- $11,528,781
Location Insight
- City
- Bradenton
- County
- Manatee
- State
- Florida
- Latitude
- 27.497
- Longitude
- -82.573
- CBSA code
- 35840
- CBSA name
- NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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