5426 18th St W - Bayshore Gardens Assisted Living Real Estate 6,539 SF Health Care Building Offered at $1,387,000 at a 10.45% Cap Rate in Bradenton, FL 34207

The time has finally come to make a deal on this property!
Refreshed space now available to a user or investor - Let's Connect & discuss the possibilities.
This is a fantastic and rare opportunity to acquire a well put together property.
There had been a tenant in place operating an ILF for the past 5 years.
That tenant has vacated the space and ownership is actively in the process of repairing, enhancing and improving the space and future of this building for a user or investor.
Ahead of recovering the interior space ownership put new roofs on each building within the past 12 months and maintained a 22KW Generator with 200 AMPs.
They have also had the main building tested for WDO (termites) and it received a written clean bill of health.
Plenty of area for serene outdoor settings are on this .44 acre site as
well. Featuring a large, shaded backyard garden area with majestic
Oaks providing the canopy, and storage sheds, as well as additional
land and a 2nd building on the south side of the property. Providing
plenty of room for future expansion. And easy conversion to additional
rooms or staff housing.
Call Dreznin Pappas Commercial Real Estate @ 941-961-8199 today
to view some videos, review the Offering Memorandum or discuss this amazing property before it's SOLD!
Motivated Sellers - Prefer to sell outright as ownership has been involved in property for the past 3 decades.?
The main building is available and can be utilized for your vision.?
The cottage is rented month to month to a family friend of owner who maintains property.? The cottage can be made available if desired.?
The cottage and land at the Southern end of the property are now on their own parcel and the main building with its fenced in yard is on its own parcel as well.? The are being sold together, although if the main building is only preferred, we can discuss selling the main building by itself.?
Ownership is looking to exit the property they built in 1997-1998 and finally pass the baton to a new owner to keep running toward the successful finish line!
We are considering leasing the space but for the time at hand, we believe keeping the space available for a user may be in the best and highest use parameters.?