The lot is zoned T5 and is permitted for 13 regular apartment units that can be built & sold or 17 “affordable housing” units if the client is looking to hold as rental income. The property’s zoning code also allows for retail, hotel, 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 complexes within a 1-mile radius. The property is in walking distance to Bradenton’s largest hospital Manatee Memorial Hospital & is about 5 minutes away from one of Bradenton’s largest tourist attractions “Bradenton Riverwalk” & 5 minutes away from downtown Bradenton. The current building on the property is subdivided into (4) different suites, each suite having its own entry. The existing structure was built in 1951. Existing suites can be leased as retail, office space, training facility, temporary storage sites, plus more. Dont pass out on this great investment! Owner has potential apartment renderings to propose what type of apartment units could go on the lot as well as direct connection to a General Contractor willing to build project at discounted rate.
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