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Commercial - RANCH LAKE BUS CENTER PH 1

E, BRADENTON, FL 34202

Sold Price$869,000 Asking Price$899,900

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  • Days on market:

    143 day(s)
  • Original Price:

    $925,000
  • Price per sqft:

    $277.75
  • Tax Legal Description:

    UNIT E RANCH LAKE BUSINESS CENTER A LAND CONDO PI#17309.4150/9
  • Tax Year:

    2020
  • Property Type:

    Commercial
  • Parking:

    Common Ground Level
  • Construction Type:

    StuccoBlock
  • Roof:

    Shingle
  • Cooling Description:

    Central Air
  • Heating Description:

    Central Heat Pump
  • Floor Description:

    VinylCeramic TileBamboo
  • Equipment/Appliances:

    MicrowaveRefrigeratorDryerWasher
  • Special Listing Conditions:

    None

Description

$899,900 • living size area 3240 sqft

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.

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