515 27th Street E Unit 9, 10, 11, Bradenton, FL 34208
- $775,000
- 2,400
- SqFt
- List Price
- $775,000
- Status
- Active
- Days on Market
- 45
- Price Change
- ▼ $74,000 1784609240
- MLS#
- A4696887
- Property Style
- Restaurant
- Year Built
- 2005
- Living Area
- 2,400
- Lot Size
- 2,242
- Acres
- 0.05
- Total Acreage
- 0 to less than 1/4
- Monthly Condo Fee
- 1170
- Legal Subdivision Name
- Two Rivers Business Park
- MLS Area Major
- Bradenton/Braden River
Property Description
Exceptional turnkey commercial acquisition opportunity in the high-growth Sarasota-Manatee market! This 2,400 SqFt second-generation restaurant and bar is comprised of three integrated commercial condo units within Two Rivers Business Park. Skip multi-year permitting delays and raw buildout CapEx. Features an active SFS 4COP Full Liquor License tied to the location, enabling seamless indoor and outdoor alcohol service and bypassing Manatee County quota waitlists. Provides massive immediate speed-to-market utility for an operator. Turnkey interior includes an open dining arena, custom bar lounge, two updated ADA restrooms, and a fully equipped commercial kitchen. Enjoy absolute peace of mind with a brand-new commercial roof (2025) and triple-zone high-efficiency HVAC array. Pro-forma base market rents range from $52,800 to $62,400 ($22.00 to $26.00/SF NNN) based on 2025/2026 local retail comps, yielding a realistic pro-forma cap rate range of 6.11% to 7.20% depending on final purchase terms. Balanced HOA budget covers water, sewer, recycling, trash, and exterior maintenance. Ideal for SBA 504 owner-occupants. Immediate occupancy!
Additional Information
- Taxes Annual
- $2183
- Annual Gross Income
- 52800
- Condo Fees
- $1170
- Condo Fees Term
- Monthly
- Location
- Corner Lot, Curb and Gutters, Industrial Condo, Shopping Center, Sidewalk, Street Lights, Paved
- Community Features
- Curbs, Sidewalks, No Deed Restriction
- Property Description
- One Story
- Zoning
- BR_UCC
- Floor
- Tile
- Appliances
- Dishwasher, Microwave, Refrigerator
- Utilities
- Public, Water Connected
- Heating
- Central, Natural Gas, Zoned
- Air Conditioning
- Central Air
- Exterior Construction
- Block, Stucco
- Roof
- Built-Up
- Foundation
- Slab
- Pool
- No Pool
- Garage Features
- Common, Ground Level, Lighted, Over 30 Spaces, Shared Parking
- Flood Zone Code
- AE, X
- Parcel ID
- 1158401259
- Legal Description
- Two Rivers Business Park a Condo Property id's 11584.01259,11584.01209,11584.01309
Listing courtesy of PREFERRED SHORE LLC. 941-999-1179
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