5135 Manatee Ave W #2,9ab

$749,900, 4,424 Sqft 4½ Acres

About This Property

7.3%=+/- CAP RATE!!Cash Cow investment with long term leases and little landlord responsibility!! 3 general commercial condominium units located within The Fairway Center engihborhood strip center in great west Bradenton location directly on State Route 64, a.k.a. Manatee Avenue West. Situated with over 40,000 cars per day average annual daily traffic counts. At the traffic signaled intersection of 51st Street West and Manatee Avenue West on the south and west quadrant. Additional east or westbound access from median cut in SR64! Superb signage on pylon as well as monument signs on Manatee Ave W AND 51st Street West. Store signage on the facade is best of center, bar none. Long term leases with exceptional, reliable, long term income in place. Condo takes care of roof, site, structure, water, sewer, trash, common electric and building insurance (see details within this listing)! So easily managed this cash cow investment opportunity will ensure you satisfaction with this opportune selection. Call direct Lance direct for your viewing. Individually parceled condo units (3) comprising two tenants in the medical industry. Easy acquisition and disposition is really the potential. Excellent CAP rate and NOI!!! Includes parcels 380130/0512 & 0520 & 0157!

Essential Information

MLS® #A4180767
Price$749,900
Bathrooms0.00
Square Footage4,424
Acres4.50
Year Built1973
TypeIncome
Sub-TypeTriplex
StatusActive

Community Information

Address5135 Manatee Ave W #2,9ab
AreaBradenton/Palma Sola
SubdivisionFairway Center Condo
CityBradenton
CountyManatee County
StateFL
Zip Code34209

Amenities

FeaturesBuyer Approval Required
GaragesNone

Utilities

BB/HS Internet Avail, Cable Connected, Electric, Fiber Optics, Gas, Public Utilities, Street Lights

View

Close to Bus, Corner Lot, Highway Frontage, In County, Level, Lot - Oversized, Street Paved

Interior

Interior FeaturesCeiling Fan(s)
AppliancesHot Water Electric
HeatingCentral, Fuel - Electric
CoolingCentral, Zoned/Multiple
Stories1 Level

Exterior

Lot DescriptionTwo + to Five Acres
RoofMetal

Exterior

Block, Brick, Metal Frame, Stucco

Exterior Features

Fenced, Gutters / Downspouts, Mature Landscaping, Storage, Trees/Landscaped

Additional Information

Days on Market312
ZoningGC

Listing Details

OfficeDarling Realty

5135 Manatee Ave W #2,9ab, Bradenton (MLS® #A4180767) Property History

Price Reduced from $774,900 to $749,900

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Listing data comes from My Florida Regional MLS.

Listing information last updated on January 19th, 2018 at 10:03pm EST.

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