416-420 12th St W

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416-420 12th St W

Bradenton, FL 34205
Asking Price
$2.60M
Asset Type
Retail
Class
Class B

What's Special

416-420 12th St W, Bradenton, FL 34205 <ul><li>​Located on Old Main Street in Vibrant Downtown Bradenton</li><li>​Urban Core (T5) Zoning - Mixed-Use Development Potential</li><li>​Building Gutted to Studs - Restored brick walls</li><li>​New impact windows</li><li>​High ceilings</li><li>​New subfloors</li><li>​Good foot traffic</li><li>​Conceptual redevelopment plans have been prepared for a mixed-use project, including restaurant/bar space and residential units above, offering a clear vision for the site's highest and best use (subje

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NOI
$80,000
Cap Rate
3.08%
DSCR
0.52
Underwater
Cash-on-Cash
-9.53%
Monthly Payment
$12,863.381
Annual Cash Flow
$-74,360.577

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