Sam Watkins
Commercial Associate
3915 Cortez Rd West
Bradenton, Florida 34210
Toll Free: 888-722-1202
Local: 941-755-8655
Fax: 941-751-1728
E-mail Sam
           
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PROPERTY SUMMARY
Location and Address: City of Bradenton
1420 20th Ave. W.
1910 14th St. W.
Size of Property: Buildings: 16319 S.F. under

Roof- Land: 32,800 s.f. (.75 Acre)
Buildings: 16319 S.F. under Roof- Land: 32,800 s.f. (.75 Acre)
Land Use and Zoning: Mixed use; Store/Office Retail
Site Improvements: Showroom-10304 s.f.
Warehouse-6015 s.f.
Condition of improvements: Concrete Block Construction
New roof 1998
Price: $1,349,000
Price Includes: Land-Buildings-Owners
Business Interests-Inventory
While this information is provided as accurately as possible, we are not responsible for Misstatements of facts, errors or omissions, prior sale, price changes or withdrawal from Market without notice.


PROPERTY OVERVIEW

Site Description

     This property is located on 14th St. West, downtown Bradenton, also known as Business U.S. 41. The land covers .75 acres, and has 60' frontage on 14th St. The 6015 s.f. warehouse is located on 14th St. and the 10304 s.f. showroom faces 20th Ave. W. which runs between the subject property and the Foodway Grocery Store to the South. 20th Ave. basically is a private drive serving the Foodway and the subject property. Access to the subject business and showroom is from 20th Ave. W.
     The subject property runs from 14th St. W. Westerly to 15th St. and has 100' frontage on 15th St. W. In addition to the Showroom, there is a covered, open-air Laundromat on the West end of the building that is approx. 24' deep and 60' in width.

Zoning

     Zoning is mixed use-office and retail. The current use of this property as a retail furniture store is considered the highest and best use of this property.

Neighborhood

     Subject property is located near the downtown section of Bradenton. This is an area of small businesses, motels, food, service stations and repair shops. The current owner has been in operation at this location for 13 years, and is a popular destination for new home owners, condo owners, and buyers seeking estate furniture along with a full line of new household furnishings.

Parking

     There is ample parking for customers in and around the showroom. The owner has a recipical with the owner of the Foodway next door, and they both share space for overflow parking.

Enterprise Zone

     The city of Bradenton established the Enterprise Zone in 1995 to provide technical and Financial incentives for businesses operating in the Enterprise Zone. The following programs are available to businesses that are expanding or moving into the Zone:
1. Building materials sales tax refund
2. Business equipment sales tax refund
3. Electrical Energy sales tax refund
4. Jobs credit against sales tax
5. Jobs credit for Corporate income tax
6. Property tax credit
7. Community Contribution tax credit

Real Estate Taxes

2002 taxes for City and County were $5464.

Municipal Services

Water: City of Bradenton
Sewer: Manatee County
Telephone: Verizon
Electric: Florida Power and Light Corp.
Police and Fire: City of Bradenton

Highest and Best Use

     With this business having been in operation for a number of years, and being the destination of buyers seeking Estate and New Furniture, with adequate parking, good ingress and egress, both from 14th St. and 15th Street to the West, and given the nature of this and surrounding business it is logical to conclude that the current use is the highest and best use of this property.

Contact:
Sam Watkins
3915 Cortez Rd. West; Bradenton, FL 34210
(888) 722-1202 Toll Free
(941) 755-8655 Office
(941) 751-1728 Fax
Topproduc@AOL.com
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