Listing Summary
Downtown Bradenton redevelopment asset for sale ($715K). 10,936 SF building on T5 urban lot. Income-producing with up to 5-story multifamily/mixed-use potential
Full Description
Prime Downtown Bradenton Redevelopment Site & Income-Producing Asset
An exceptional commercial real estate investment and urban redevelopment opportunity is now available in Downtown Bradenton, Florida. Offered for purchase at $715,000, this 10,936-square-foot gross structure sits on a 10,200-square-foot (0.2342-acre) prime urban lot at 117 9th Ave W.
Featuring desirable T5 (Urban Center) zoning, the property allows for high-density, ground-up development of up to five stories—making it an ideal acquisition for developers, value-add investors, or buyers seeking interim rental income while planning future construction.
Property Overview & Financial Investment Summary
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Purchase Price: $715,000
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Property Type: Multifamily / Commercial / Mixed-Use Redevelopment
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Building Size: 10,936 SF Total (1981 Construction)
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Lot Area: 10,200 SF (0.2342 Acres)
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Zoning: T5 (Urban Center — High-Density Mixed-Use & Multifamily Core)
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Height Limit & Potential: Up to 5 Stories (Estimated 10–15 Multifamily Units; buyer to verify)
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On-Site Parking: Approximately 15 dedicated surface parking spaces
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Current Occupancy Structure: 3 Multifamily Residential Units + 1 Retail/Service Commercial Space
Existing Improvements & Interim Income Streams
The site is currently improved with single- and two-story traditionally constructed buildings offering immediate income-producing utility:
Residential Portfolio:
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Downstairs Unit: 2 Bedrooms / 1 Bathroom featuring a separate living room, dedicated kitchen, and in-unit laundry room.
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Upstairs Unit A: 2 Bedrooms / 1 Bathroom with separate living and dining areas.
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Upstairs Unit B: 2 Bedrooms / 1 Bathroom with separate living and dining areas.
Commercial Retail Unit:
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Street-Level Shop: Currently utilized as a commercial barber shop, featuring an open-concept floor plan ideal for retail, salon, boutique, or professional service uses.
T5 Urban Center Zoning & Flexible Development Scenarios
Zoned T5 (Urban Center) within the City of Bradenton, the parcel offers high structural flexibility aimed at supporting walkable, high-density growth:
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High-Density Multifamily: Construct up to 5 stories of modern urban apartments or luxury condominiums.
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Mixed-Use Vertical Development: Incorporate street-level retail, specialty dining, or office space with upper-story residential units.
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Adaptive Reuse / Value-Add Strategy: Renovate existing structures to maximize residential and commercial market rents while holding the real estate for appreciation.
Location Highlights & Regional Accessibility
Situated in the heart of Downtown Bradenton, the property offers immediate proximity to local amenities alongside regional connections across the Suncoast area.
Local Attractions & Walkability:
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Manatee River & Riverwalk: Scenic riverfront park featuring walking trails, public art, and community events.
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Cultural & Arts District: Minutes from The Bishop Museum of Science and Nature, the historic Village of the Arts, and Old Main Street shopping.
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Dining & Entertainment: Steps from waterfront dining at Pier 22 and local hotspots like O’Bricks Irish Pub & Martini Bar.
Regional Transit & Commute Times:
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Anna Maria Island Beaches: 20–30 minutes (10–12 miles)
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Sarasota–Bradenton International Airport (SRQ): 15–20 minutes (7–9 miles)
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St. Armands Circle & Lido Key: 30–40 minutes (14–16 miles)
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Tampa International Airport (TPA): 55–70 minutes via I-75
Quick Glance
- Listing ID:
CL-Florida-28327
- Status:
Active
- Year Build:
1981
- Building Size:
10,936 SqFt
- Lot Size:
0.23 Acr
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