515 27TH STREET E UNIT 9, 10, 11

For sale Days on market 70

$750,000

$313/sq ft

$99,000
Price Decreased

показать похожие

515 27TH STREET E UNIT 9, 10, 11

For sale Days on market 70

$750,000

$313/sq ft

$99,000
Price Decreased

Overview

Year Built

2005

Sqft

2400

Property Type

Restaurant

Property Description

Exceptional turnkey commercial acquisition opportunity in the high-growth Sarasota-Manatee market! This 2,400 SqFt second-generation restaurant and bar is comprised of three integrated commercial condo units within Two Rivers Business Park. Skip multi-year permitting delays and raw buildout CapEx. Features an active SFS 4COP Full Liquor License tied to the location, enabling seamless indoor and outdoor alcohol service and bypassing Manatee County quota waitlists. Provides massive immediate speed-to-market utility for an operator. Turnkey interior includes an open dining arena, custom bar lounge, two updated ADA restrooms, and a fully equipped commercial kitchen. Enjoy absolute peace of mind with a brand-new commercial roof (2025) and triple-zone high-efficiency HVAC array. Pro-forma base market rents range from $52,800 to $62,400 ($22.00 to $26.00/SF NNN) based on 2025/2026 local retail comps, yielding a realistic pro-forma cap rate range of 6.11% to 7.20% depending on final purchase terms. Balanced HOA budget covers water, sewer, recycling, trash, and exterior maintenance. Ideal for SBA 504 owner-occupants. Immediate occupancy!

Property Details

MLS#

A4696887

Total Floor in Bldg

Address

515 27TH

City

Bradenton

State/county

Zip/Postal Code

34208

Area

Two Rivers Business Park

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$2,183

Maint Fee

$--

Tax Year

2025

Dishwasher

Microwave

Refrigerator

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. © MIAMI Association of REALTORS®, all rights reserved.