Renovated Multi-Unit Retail
2203 9th St W Bradenton, FL 34205
2203 9th St W, Bradenton, FL, 34205
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For Sale
Contact for pricing
Renovated retail building with four units and 2021 improvements, zoned T4-O and partially occupied.
Property Size6,656 SF
Lot Size0.32 Acres
Price / SF$210.34
Days on Market113
Property Features for 2203 9th St W
General Information
- Standard status
- Active
- Size
- 6,656 SF
- Lot size
- 0.32 Acres
- Property subtype
- Hospitality, Mixed Use, Office, Retail, Special Purpose
Building Details
- Year Built
- 1935
Listing agency
NDC Commercial Real Estate
Listed by
Gavin Oberlin · License #SL3461965
Source
Crexi
Added: Apr 1 Updated: Jul 21 at 8:15PM Checked: Jul 21 at 8:15PM
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 NDC Commercial Real Estate
Investment Insights
Based on property information with market context.
2203 9th St W is a renovated multi-unit retail building originally constructed in 1935 and renovated in 2021. The property includes four units within a total commercial building size that is presented as 5,176 SF in the remarks. The asset is described as 50% occupied and offers a mix of historic character with modern updates.
The property is zoned T4-O, which the remarks cite as providing flexibility for retail, street retail, or redevelopment opportunities. The location is described as near Downtown Bradenton and adjacent to popular destinations including the Village of the Arts and the Riverwalk, supporting a high-visibility setting with neighborhood connectivity.
This investment opportunity is presented as a value-add asset with an adaptable layout due to the multi-unit configuration and the cited T4-O zoning flexibility.
The property is zoned T4-O, which the remarks cite as providing flexibility for retail, street retail, or redevelopment opportunities. The location is described as near Downtown Bradenton and adjacent to popular destinations including the Village of the Arts and the Riverwalk, supporting a high-visibility setting with neighborhood connectivity.
This investment opportunity is presented as a value-add asset with an adaptable layout due to the multi-unit configuration and the cited T4-O zoning flexibility.
Key Highlights
- Renovated 5,176 SF retail/commercial building on 0.324 acres in Bradenton
- Built in 1935 and renovated in 2021
- Four‑unit layout currently 50% occupied
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $119.8k | $18.00 |
| − Vacancy | −$2.9k | −$0.43 |
| EGI | $116.9k | $17.57 |
| − OpEx | −$35.1k | −$5.27 |
| NOI | $81.9k | $12.30 |
6,656 SF · lease $18.00/SF/yr · vacancy 2.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.17M
$1.02M – $1.36M
NOI $81,853 @ 7.0% cap · market cap 5.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.96M
$1.71M – $2.28M
NOI $137,012 @ 7.0% cap · market cap 9.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Azteca windows tint
Interior Design
Similar For Sale Nearby
Similar Off Market Nearby
- Prime — 1814 tamiami trail, bradenton, fl 34205
- LaPointe Creations — 914 34th Ave W, Bradenton, FL 34205
- King's Wholesale Florist — 3022 1st St, Bradenton, FL 34208
FAQs
What type of property is this?
Storefront property - Renovated retail building with four units and 2021 improvements, zoned T4-O and partially occupied.
Where is this storefront property located?
The property is located at 2203 9th St W Bradenton, FL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Renovated 5,176 SF retail/commercial building on 0.324 acres in Bradenton; Built in 1935 and renovated in 2021; Four‑unit layout currently 50% occupied
