Renovated Multi-Unit Industrial
For Sale
$1,600,000
2223 9th Street West, Bradenton, FL 34205
Renovated industrial building with eight units, zoned T4-O, currently 70% occupied.
Property Size6,656 SF
Price / SF$240.38
Days on Market122
Property Features for 2223 9th Street West
General Information
Standard status
Active
Size
6,656 SF
Property subtype
Industrial
Zoning
T4-O
Occupancy
70%
Building Details
Building Size
6,656 SF
Year Built
1949
Year Renovated
2021
Listed By:
Gavin Oberlin · License #FL #SL3461965
(941) 720-0403
Source:
Ndc-commercial
Added: Jun 24
Changed: Oct 9
Last Checked: Oct 23 at 5:20AM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,995
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,119,900
$1.1M
Cap Rate 7%
$799,929
$799.9K
Cap Rate 9%
$622,167
$622.2K
Market Conditions
NOI Build-Up for 6,656 SF
Gross rent
$83.1K $12.48/SF
− Vacancy
−$3.1K −$0.46/SF
EGI
$80.0K $12.02/SF
− OpEx
−$24.0K −$3.61/SF
NOI
$56.0K $8.41/SF
Area
Manatee County, FL
Vacancy
3.70%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,119,900
Cap Rate 7%
$799,929
Cap Rate 9%
$622,167
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 authorities.
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Property Analytics
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Current Use
Lease Details
70%
Occupancy
Location Intelligence
Trade Area within ½ mile
553
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
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
