Renovated Multi-Unit Industrial
2223 9th Street West Bradenton, FL 34205
2223 9th Street West, Bradenton, FL, 34205
$1,600,000
For Sale
$1,600,000
Renovated industrial building with eight units, zoned T4-O, currently 70% occupied.
Property Size6,656 SF
Price / SF$240.38
Days on Market24
Property Features for 2223 9th Street West
General Information
- Standard status
- Active
- Size
- 6,656 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1949
Listing Agency
(941) 720-0403
Listed by
Gavin Oberlin · License #FL #SL3461965
(941) 720-0403
Source
Ndc-commercial
Added: Jun 24 Checked: Jul 17 at 7:00 am
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 Gavin Oberlin
Investment Insights
Based on property information with market context.
This property is a multi-unit industrial and manufacturing building totaling 6,656 SF. Built in 1949 and extensively refurbished in 2021, it contains eight separate units designed for industrial and manufacturing use. The zoning is T4-O, providing flexibility for a range of industrial ventures within the existing configuration.
Located at 2223 9th Street West in Bradenton, Florida, the facility is described as strategically positioned within the Sarasota area. The current operating snapshot shows the building at 70% occupancy, indicating the space is already being utilized while remaining portion is available for continued leasing.
For buyers or operators seeking an industrial asset with multiple income streams, the eight-unit layout can support a tenant mix tailored to industrial and manufacturing requirements under the T4-O zoning umbrella. The combination of a historically built structure and a 2021 renovation may appeal to users looking for an updated facility that still fits traditional industrial needs.
Located at 2223 9th Street West in Bradenton, Florida, the facility is described as strategically positioned within the Sarasota area. The current operating snapshot shows the building at 70% occupancy, indicating the space is already being utilized while remaining portion is available for continued leasing.
For buyers or operators seeking an industrial asset with multiple income streams, the eight-unit layout can support a tenant mix tailored to industrial and manufacturing requirements under the T4-O zoning umbrella. The combination of a historically built structure and a 2021 renovation may appeal to users looking for an updated facility that still fits traditional industrial needs.
Key Highlights
- 6,656 SF industrial/manufacturing building with eight units
- Built in 1949 and extensively renovated in 2021
- Zoned T4‑O, offering flexibility for industrial and manufacturing uses
Local Financial Insights For Industrial
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 | $83.1k | $12.48 |
| − Vacancy | −$3.1k | −$0.46 |
| EGI | $80.0k | $12.02 |
| − OpEx | −$24.0k | −$3.61 |
| NOI | $56.0k | $8.41 |
6,656 SF · lease $12.48/SF/yr · vacancy 3.70% · expense 30.00%
Alternative Uses
Best Use
Industrial
$799.9K
$699.9K – $933.3K
NOI $55,995 @ 7.0% cap · market cap 3.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.96M
$1.71M – $2.28M
NOI $137,012 @ 7.0% cap · market cap 8.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Manufacturing properties
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FAQs
What type of property is this?
Manufacturing property - Renovated industrial building with eight units, zoned T4-O, currently 70% occupied.
Where is this manufacturing property located?
The property is located at 2223 9th Street West Bradenton, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 6,656 SF industrial/manufacturing building with eight units; Built in 1949 and extensively renovated in 2021; Zoned T4‑O, offering flexibility for industrial and manufacturing uses
