3270 53rd Ave E

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3270 53rd Ave E

bradenton, FL 34203
Asking Price
$4.87M
Asset Type
Retail
Class
Class B

What's Special

3270 53rd Avenue East is situated within a high-traffic commercial corridor in Bradenton, Florida. Positioned along State Road 70, the property benefits from proximity to Interstate 75, facilitating regional access for commuters and logistics. The surrounding neighborhood features a mix of established residential communities and anchor-driven shopping centers. Nearby amenities include national grocers, diverse dining options, and professional service offices. The location is served by the Manatee County transit system, providing public transportation options for both customers and employees. The property is suited for a variety of retail applications, including convenience services, boutique showrooms, or quick-service food establishments. Given the high daily vehicle counts on 53rd Avenue East, the site is ideal for businesses requiring strong street-side visibility and easy ingress. Typical tenants for this asset profile include regional retail chains, health and wellness providers, or local service-based businesses looking to capitalize on the area's steady consumer base and neighborhood density.

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NOI
$80,000
Cap Rate
1.64%
DSCR
0.28
Underwater
Cash-on-Cash
-14.31%
Monthly Payment
$24,079.26
Annual Cash Flow
$-208,951.126

Location & Travel Times