1326 37th Ave - Manatee Storage and Workshops 36,000 SF Specialty Building Offered at $3,250,000 in Bradenton, FL 34208

This stabilized self-storage facility in Bradenton, Florida, offers investors an exceptional opportunity to acquire a high-performing asset in one of the Gulf Coast’s most desirable and rapidly growing markets. The property consistently operates at full occupancy with a waiting list, reflecting strong local demand and proven income stability. Situated along 15th Street East, the facility benefits from 590 feet of frontage and exposure to over 11,300 vehicles per day, providing excellent visibility and easy access for customers.
The property features 6 concrete block buildings with 36,000 gross square feet of drive-up self-storage buildings comprising 119 total units. Current¬ly, there are three rental rate types depending on each tenant’s use. Due to this, there is a large discrepancy between the personal storage, business storage, and workshop rates, creating significant upside for a new owner. Additionally, each building has one meter, and tenants are charged addition¬al fees based on their usage, per the manager. An unfinished office space provides an immediate opportunity to create four additional 12x25 units, further enhancing revenue potential. In addition, the site includes excess land with zoning already in place to accommodate future expansion for either traditional mini storage or commercial warehouse/ workshop development—offering significant long-term upside.
Located within a densely populated and growing Sarasota submarket, the facility is surrounded by strong demographics, with a population exceeding 103,400 residents within a three-mile radius and an average household income of $69,325. Limited competition and steady regional growth continue to support high occupancy levels and sustained rent growth.
With its full occupancy, waiting list, and opportunity for professional third-party management to further enhance operations, this facility provides both immediate cash flow and room for expansion. Combining visibility, stability, and scalability, this property represents a secure, income-producing investment with significant upside in a thriving coastal Florida ma rket.