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Historic Craftsman Office Building
New
For Sale
$449,000

2019 MANATEE AVENUE W, Bradenton, FL 34205

The second floor contains two separate office rooms, a private entrance, and a full bathroom.

Property Size2,116 SF
Lot Size0.15 Acres
Price / SF$212.19
Days on Market3

Property Features for 2019 MANATEE AVENUE W

General Information

Standard status Active
Size 2,116 SF
Lot size 0.15 Acres
Property subtype Office
Zoning BR-UV

Additional Details

Road Access Yes
Office Units 2

Building Details

Year Built 1926
Buildings 1
Stories 2
Building Size 2,116 SF
Construction Craftsman
Listing Agency: COLDWELL BANKER REALTY
Listed By: Steve Thomas · License #645935
Source: Dennisrealty
Added: Oct 9 Changed: Oct 11 Last Checked: Oct 11 at 6:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER REALTY

Investment Insights

Based on property information with market context.

Built in 1926, this two-story Craftsman-style office building contains approximately 2,116 square feet. The second floor has two separate professional office rooms, a private entrance, a full bathroom with a tub and shower, and two balconies. A floored third-floor attic provides storage. The property occupies a 50' x 131' lot with parking at the rear and is being sold as is.

The building fronts Manatee Avenue West, also designated State Road 64, near downtown Bradenton. It is zoned Urban Village (BR-UV) within the City of Bradenton. Commercial and residential uses are subject to applicable zoning regulations and approvals.

Key Highlights

  • 1926 construction with Craftsman‑style architecture
  • Approximately 2,116 square feet across two stories
  • Second floor includes two office rooms, a private entrance, and a full bathroom with tub and shower

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,553
Cap Rate
7.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$691,060 $691.1K
Cap Rate 7%
$493,614 $493.6K
Cap Rate 9%
$383,922 $383.9K
Market Conditions
NOI Build-Up for 2,116 SF
Gross rent
$48.8K $23.04/SF
− Vacancy
−$2.7K −$1.27/SF
EGI
$46.1K $21.77/SF
− OpEx
−$11.5K −$5.44/SF
NOI
$34.6K $16.33/SF
Area
Manatee County, FL
Vacancy
5.50%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$691,060
Cap Rate 7%
$493,614
Cap Rate 9%
$383,922

Alternative Uses

Best Use
Office B
$493.6K
$431.9K – $575.9K (±1% cap)
NOI $34,553 @ 7.0% cap · market cap 7.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$622.2K
$544.5K – $726.0K (±1% cap)
NOI $43,557 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

RMS Elite Properties, ... Property Management Company Microblading and Lip Blush ... Medical Clinic Segreto Group Real ... Real Estate Agency Gilbournes Cleanout General Contractor Lash House Hair Salon

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Locksmith Butcher Catering Service Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,893
Businesses Nearby

Demographics for 34205, FL

33,789
Population
16,610
Households
2
Avg Household Size
44
Median Age
24%
College-Educated
87%
High-School Grad
6.5 sq mi
ZIP Area
5,198
Density / Sq Mi
$51,170
Median Household Income
$37,037
Median Earnings
$1,323
Median Rent
$236,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - The second floor contains two separate office rooms, a private entrance, and a full bathroom.
Where is this office building located?
The property is located at 2019 MANATEE AVENUE W Bradenton, FL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 1926 construction with Craftsman‑style architecture; Approximately 2,116 square feet across two stories; Second floor includes two office rooms, a private entrance, and a full bathroom with tub and shower
More about this property
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