108 MARTIN LUTHER KING AVE E Active Save Request In-Person Tour Request Virtual Tour
Bradenton,FL 34208
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
HOA Y/N No
Originating Board Stellar MLS
Year Built 1951
Annual Tax Amount $2,829
Lot Size 0.350 Acres
Acres 0.35
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
Direction E
Interior
Cooling Central Air
Flooring Luxury Vinyl
Exterior
Utilities Available BB/HS Internet Capable,Phone Available,Private
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Others
Ownership Partnership
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None