108 MARTIN LUTHER KING AVE E Active

Bradenton,FL 34208

$ 699000

- Bed

0 Bath

1753 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 1,753 sqft

Price per Sqft $398

Subdivision Sharps Add To The City Of Manatee

MLS Listing ID T3533508

Year Built 1951

Annual Tax Amount $2,829

Lot Size 0.350 Acres

Property Description

!! Investment Opportunity!! Call to preview this rare find! Please see attached info for property. This property is in an opportunity zone, which yields tax benefits. The property is zoned T5 and is permitted for 13 regular apartment units or 17 "affordable housing" units as well as duplexes & triplexes. The property's zoning code also allows for retail, hotel, office, storage units, restaurant, small school and a variety of other commercial uses. Property is located directly off of Bradenton's main highway. Additionally, the property is neighboring 5-6 apartment complex within a 1-mile radius. This Prime Located Commercial Building is walking distance to Manatee Memorial Hospital, Bradenton Riverwalk & some of Bradenton?s hottest food venues.�The building is located directly off the corner of 1st street (Bradenton?s busiest highway) with quick access to all of Bradenton?s best locations. The interior layout is very modern and simplistic. Recently renovated in 2021, the interior consists of recessed lighting, vinyl flooring, newly painted walls and the potential for customization to accommodate coming business. The property has ample parking on both sides and the rear. Excellent monument signage directly off main intersection. Take advantage of this magnificent investment opportunity today!

Location

State FL

County Manatee

Community Sharps Add To The City Of Manatee

Zoning T5

Interior

Cooling Central Air

Flooring Luxury Vinyl

Exterior

Utilities Available BB/HS Internet Capable,Phone Available,Private

Waterfront false

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

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