2902 59th St W

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2902 59th St W

Bradenton, FL 34209
Asking Price
$7.50M
Asset Type
Office
Class
Class B

What's Special

Situated at 2902 59th St W in Bradenton, Florida, this office property is positioned within an established professional and residential corridor. The location offers proximity to major thoroughfares, including 59th Street West and Manatee Avenue, facilitating efficient access to downtown Bradenton and surrounding coastal communities. Nearby amenities include various retail centers, dining options, and medical facilities, such as the HCA Florida Blake Hospital. Public transit stops are available within walking distance, providing connectivity for commuters throughout Manatee County. The property is suited for professional services, private administrative offices, or boutique medical practices seeking a central Bradenton address. Ideal tenants include legal professionals, insurance agencies, accounting firms, or healthcare consultants who require proximity to local residential populations and supporting commercial infrastructure. The layout and location cater to small to mid-sized businesses looking for functional office space within an accessible, suburban business environment.

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NOI
$80,000
Cap Rate
1.07%
DSCR
0.18
Underwater
Cash-on-Cash
-16.23%
Monthly Payment
$37,105.908
Annual Cash Flow
$-365,270.894

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