1725 Manatee Ave
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1725 Manatee Ave
12,536 SF Office Building Bradenton, FL 34205 £2,113,982 (£169/SF)
Investment Highlights
- Premier Manatee Avenue Location with Excellent Visibility
- Building in Excellent Condition with Recent Updates throughout and a New Roof!
- Currently operating as a 35 Bed Assisted Living Facility
- Bradenton Urban Village Zoning - Excellent Zoning classification in the City of Bradenton
- Fully Sprinkled Two Story Victorian Style Building with Large Commercial Elevator and Kitchen
- Building can be converted to an Owner User Property for a variety of uses
Executive Summary
1725 Manatee Ave West is Home to Magnolia on the Avenue which is currently being operated as a 35 Bed Assisted Living Facility. Outstanding Value Add Opportunity for an owner operator with all necessary components in place. Property could also be purchased for an Owner User for a different use due to the flexibility within the current Urban Village Zoning designation. This two story Victorian Style Building sits on .466 Acres directly on Manatee Avenue just West of Downtown Bradenton. Property is positioned with three access points, main entrance from Manatee Ave., back (south) entrance from 6th Ave. West, and side (east) entrance from Virginia Drive. Two nice sized parking lots front and back of the building. This building is fully sprinkled with a large commercial elevator. Exterior large porch and patios on both floors. All 35 Private Rooms have their own spacious window with plenty natural light, either a shared restroom or private restroom and their own climate controlled A/C and Heating unit. Both floors have spacious dining and sitting areas with an abundant natural light. The first floor has a commercial grade kitchen, barber station and plenty of spacious sitting areas for residences. Facility is private, quaint, and secured. New Roof installed 2024!
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
12,536 SF
Building Class
B
Year Built/Renovated
1925/2022
Price
£2,113,982
Price Per SF
£169
Tenancy
Single
Number of Floors
2
Typical Floor Size
6,200 SF
Building FAR
0.62
Lot Size
0.47 AC
Opportunity Zone
Yes
Zoning
UV Bradenton - City of Bradentons Urban Village
Parking
12 Spaces (0.56 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Courtyard
- Food Service
- Property Manager on Site
- Wheelchair Accessible
- Monument Signage
- Outdoor Seating
- Air Conditioning
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Walk Score®
Very Walkable (72)
PROPERTY TAXES
Parcel Number | 33725-0005-2 | Improvements Assessment | £493,776 |
Land Assessment | £244,714 | Total Assessment | £738,490 |
PROPERTY TAXES
Parcel Number
33725-0005-2
Land Assessment
£244,714
Improvements Assessment
£493,776
Total Assessment
£738,490
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1725 Manatee Ave
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