Bradenton, FL 34202

$925,000
3,240
SqFt
List Price
$925,000
Status
Active
Days on Market
17
MLS#
A4498443
Property Style
Office
Year Built
2002
Living Area
3,240
Lot Size
12,998
Acres
0.3
Total Acreage
1/4 to less than 1/2
Monthly Condo Fee
232
MLS Area Major
Bradenton/Lakewood Ranch/Lakewood Rch

Property Description

Ranch Lake Business Center Jem fully leased centrally located right off ST. Rt. 70 just outside Lakewood Ranch. This 3600 sq. ft. building is a prime location. Very stable investment with long time tenants in place. Current space is a combination of offices and open work spaces, reception area, and multiple bathrooms with two kitchen/brake area's. The condominium association is very stable and and does a wonderful job with the business park. There is ample parking and location provides easy axis for clients to find. This is a excellent investment carrying a current cap rate of 8% with the potential for upside.

Additional Information

Taxes Annual
$7403
Condo Fees
$695
Condo Fees Term
Quarterly
Community Features
No Deed Restriction
Property Description
One Story
Zoning
PDC
Floor
Bamboo, Ceramic Tile, Vinyl
Appliances
Dryer, Microwave, Refrigerator, Washer
Utilities
Phone Available, Public, Water Connected
Heating
Central, Heat Pump
Air Conditioning
Central Air
Exterior Construction
Block, Stucco
Roof
Shingle
Foundation
Slab
Pool
No Pool
Garage Features
Common, Ground Level
Flood Zone Code
X
Parcel ID
1730941509
Legal Description
UNIT E RANCH LAKE BUSINESS CENTER A LAND CONDO PI#17309.4150/9

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of COLDWELL BANKER REALTY.

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