3008 Manatee AveBradenton, FL 34205

Property Details for 3008 Manatee Ave

Year built

1930

Construction

TYPE NOT SPECIFIED

Lot size

0.17 AC

Property size (Sq ft)

2,038 SF

Zone code

BR_UCC

Property type

Office properties

Property subtype

Office buildings

APN

35050.0000-4

APU

3505000004

Description

This exceptional free-standing commercial building, located at 3008 Manatee Ave W in Bradenton, Florida, 34205, is offered at a compelling price of $424,900. Boasting 2,038 square feet of versatile space, this single-story, 1930-built structure sits on a 7,560 square foot lot and offers seven off-street parking spaces. The property is currently vacant, presenting a unique opportunity for immediate occupancy. The interior is thoughtfully divided into at least five distinct office areas, complemented by two restrooms, a kitchen area, and a dedicated storage space. A prominent monument sign ensures high visibility on Manatee Avenue West, a state highway with approximately 39,000 vehicles passing daily. The property is zoned UCC (Bradenton), allowing for a wide range of uses, including but not limited to: medical, legal, retail, testing laboratories, construction services, mixed-use, educational facilities, restaurants, and various personal and business services. This fee-simple ownership opportunity provides a strong return on investment, with significant interest already expressed from potential tenants across multiple sectors. Detailed seller disclosures are available upon request. The building's prime location and flexible zoning make it an ideal investment for a variety of commercial ventures.

• CAP approach

  CAP return

  Valuation

  6%

  $482,619

  6.5%

  $445,494

  7%

  $413,673

• Comparable approach

  Method

  Valuation

  Relative Method

  $382,640

  Geo Method

  $372,200

• Alternative Use

  Use

  Valuation

  Residential

  $552,413

  Hospitality

  $506,007

  Educational

  $420,992

  Medical

  $435,471

  Retail

  $654,876

Location Insight

City

Bradenton

County

Manatee

State

Florida

Latitude

27.4959

Longitude

-82.592

CBSA code

35840

CBSA name

NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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