$5,500,000

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6015 31St St E Bradenton, FL, United States 34203

Presenting a rare opportunity to invest in a two-story office building encompassing 40,000 square feet of prime commercial space. This property stands as a notable fixture in its locale, promising a blend of stable returns and growth potential.Key Highlights:Size and Structure: A substantial 40,000 sq. ft. over two well-designed levels, offering spacious and adaptable office environments.Occupancy: Currently 75% leased, the building hosts a diverse mix of reputable tenants, ensuring a steady income stream.Investment Returns: Boasts a favorable 6.34 % cap rate, indicative of its robust income-generating capability and a sound investment.Seller Financing: Available at an attractive rate of 5.5%, providing a unique financing advantage and potential for significant savings.Financials and Opportunities:This property not only stands as a stable income-producing asset but also offers room for growth in rental income and asset value. The existing occupancy level presents an opportunity for new ownership to further lease the remaining space, optimizing revenue.

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 0
  • Partial Bathrooms: 0
  • Property Type: Single Family
  • Home size: 0 ft2 / 0.00 m2
  • MLS: 1292789
  • Web ID: KAQWCH
  • Status: Active

Property brokered by

Michael Saunders & Company

(941) 955-8200

  • (941) 957-3730


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