Office•Office Building•For Sale

Pinnacle Plaza

315-361 6th Avenue West, Bradenton, Florida 34205

Sale Price Market
Zoning BR-T5
Bldg Type Multi-Tenant
Class B
Year Built 1985
Year Renovated 2017
Stories 1
Cap Rate 68.92%
Vacancy 100%
Gross Bldg 30,750 SqFt
Land Area 1.9 Acres
Net Op Inc $137,832
Pinnacle Plaza East encompasses over 30,000 Sq.Ft. of individual Condominiums. Suite sizes range from 900 Sq. Ft. to 2,400 Sq.Ft. with Executive Offices available as well. 315-361 6th Avenue West currently has over 23 separate tenants in place. Pinnacle Plaza is located on the East side of our Downtown Bradenton's Urban Core with zoning BR-T5. Fantastic Investment Opportunity for professional offices with small and large condominiums. The Upside potential to capture an increase in market rental rates on existing and new tenants or to potentially sell off independent parcel ID condominiums to end users is incredible! Current Owners property improvements within the last year has this investment in very good condition with minimual capital improvements needed. Driving East on 6th Avenue (also known as Manatee Ave), property will be on the south side between 6th St. West and 3rd St. West, two blocks before (West) of 41. Property is also known as Pinnacle Plaza and is the Eastern most portion of the Park.
  • Outstanding Upside Rental or Resale Potentials
  • Incredible Location Directly on Main thoroughfare just East of Downtown Bradenton
  • Overall Property Condition is Excellent!
  • Great Overall Investment and Potential Owner User Capabilities
2/24/2020 3:19:10 PM 4/3/2020 1:55:46 PM
Angela Varga
Senior Investment Advisor
SVN Commercial Advisory Group
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