Mixed-Use Building with Exposed
For Sale
$1,199,000
420 12TH Street W, Bradenton, FL 34205
Commercial Sale, BRADENTON, FL
Property Size6,450 SF
Lot Size0.05 Acres
Price / SF$185.89
Days on Market66
Property Features for 420 12TH Street W
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C1/UCBD
Subdivision
H W FULLERS BLK
Lot features
Central Business District, City Limits
Directions
From I-75 take SR 64 exit going west to downtown Bradenton. Take a right on Old Main St (12th St W) to property on the left side of st.
Standard status
Active
APN
3319100008
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 11 FULLER BLOCK PI#33191.0000/8
Tax Annual Amount
7518
Legal Description
LOT 11 FULLER BLOCK PI#33191.0000/8
Building Details
Year built
1900
Floors in Building
3
Building materials
Brick, Concrete
Roof type
Membrane
Listing Agency:
WAGNER REALTY
(941) 727-2800
Listed By:
Ryan Hoffman · License #3051574
(941) 773-9184
Added: Aug 5
Changed: Oct 9
Last Checked: Oct 9 at 4:06PM
MLS# A4702181
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This three-story mixed-use building offers approximately 6,450 square feet on a 0.05-acre parcel. The interior has been taken back to the studs, with exposed brick walls restored, impact windows installed, and subfloors replaced. The building dates to 1900 and has brick and concrete construction with a membrane roof.
The property is on Old Main Street in downtown Bradenton, near restaurants, bars, and retail shops. The Bradenton Riverwalk is also a short distance away.
The property is on Old Main Street in downtown Bradenton, near restaurants, bars, and retail shops. The Bradenton Riverwalk is also a short distance away.
Key Highlights
- Approximately 6,450 SF in a three‑story building
- 0.05‑acre parcel in downtown Bradenton
- Restored exposed brick walls, impact windows, and new subfloors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,320
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,586,400
$1.6M
Cap Rate 7%
$1,133,143
$1.1M
Cap Rate 9%
$881,333
$881.3K
Market Conditions
NOI Build-Up for 6,450 SF
Gross rent
$116.1K $18.00/SF
− Vacancy
−$2.8K −$0.43/SF
EGI
$113.3K $17.57/SF
− OpEx
−$34.0K −$5.27/SF
NOI
$79.3K $12.30/SF
Area
Manatee County, FL
Vacancy
2.40%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,586,400
Cap Rate 7%
$1,133,143
Cap Rate 9%
$881,333
Alternative Uses
Best Use
Mixed Use
$1.62M
$1.41M – $1.88M
NOI $113,077 @ 7.0% cap · market cap 9.43%
Second Best
Retail
$1.13M
$991.5K – $1.32M
NOI $79,320 @ 7.0% cap · market cap 6.62%
Theoretical Best
Office A
$1.90M
$1.66M – $2.21M
NOI $132,772 @ 7.0% cap · market cap 11.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,419
Businesses Nearby
18k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 69%
Hotels & Casinos 29%
Apparel 2%
7-Eleven
Shops & Services
8,388 visits/mo
0.3 miles
Hampton Inn & Suites-Bradenton Downtown Historic District
Hotels & Casinos
5,151 visits/mo
0.1 miles
Truist
Shops & Services
3,775 visits/mo
0.1 miles
Champs Sports
Apparel
364 visits/mo
0.4 miles
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 Retail in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The three-story structure has been opened to its framing and includes impact-rated windows and replacement subfloors.
Where is this mixed-use property located?
The property is located at 420 12TH Street W Bradenton, FL.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Approximately 6,450 SF in a three‑story building; 0.05‑acre parcel in downtown Bradenton; Restored exposed brick walls, impact windows, and new subfloors
