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    OFF-MARKET
    Medical Office Space

    804 40Th St, Bradenton, FL 34205

    2,067 SF 0.23 ac lot Built 1969
    Property ID
    US18-4733648
    Property summary
    AI-generated overview

    This exceptional Bradenton West property, located at 804 40th St W, 34205, offers 2,067 square feet of versatile space in a 1-story building on a 0.23-acre lot. Built in 1969 and extensively renovated in 2019, this mixed-use office building boasts 100% occupancy. Currently configured as a wellness center, the layout includes four treatment rooms, a large studio, ample built-in shelving, a kitchen, three bathrooms, a reception area, two additional offices, and a laundry area. The property is zoned PRM and sits in a high and dry location, outside of any flood zone. Priced at $599,000 ($289.79/sq ft), this property presents a unique opportunity for a variety of businesses seeking a peaceful and productive work environment. Its adaptable design makes it suitable for medical, wellness, or general office uses. The serene atmosphere and modern updates create a welcoming space for both clients and employees. This is an excellent investment opportunity for those seeking a high-return property in a desirable location. A virtual tour is available.

    Property profile
    Verified
    Property type Medical Office Space
    Year built 1969
    Total area 2,067 SF
    Lot 0.23 ac (10,019 SF)
    UPID US18-4733648
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Dr. Philip A. Blaustein, MD Physician Medical Clinic
    • Dr. Tariq Rashid, MD Physician
    • Dr. Kevin S. Schroeder, MD Physician Medical Clinic
    • Dr. David A. Bulley, MD Physician Medical Clinic
    • Dr. Milton S. Stratos, MD Physician
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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