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515 27th Street, FL
Stellar MLS

$849K

515 27th Street

Bradenton, FL 34208

Listing updated: June 18, 2026 at 4:26 PM ET

Active
Stellar MLSListing courtesy of Preferred Shore Llc · Ciro Rocco · MLS #A4696887 · Active · 941-999-1179
2,400
Building SF
0.05
Acres
16
Units
2005
Built
$353.75
Per SF
Restaurant5.94% cap rate$353.75/SF360° tour
Restaurant

Property type

2005

Year built

2,400 SF

Building size

2,242 sqft

Lot size

$353.75

Price / SF

16

Units

BR_UCC

Zoning

6

Days on market

Investment & cash flow

5.94%
Cap rate
$50K
NOI / yr
$53K
Gross income (Projected)
$22K
Annual expenses
16.1
GRM
$353.75
Price / SF

Figures provided by the listing broker — verify independently.

Lease terms

Occupancy
Owner

About this property

Exceptional turnkey commercial acquisition opportunity in the high-growth Sarasota-Manatee market! This 2,400 SqFt second-generation restaurant and bar is comprised of three integrated commercial condo units within Two Rivers Business Park. Skip multi-year permitting delays and raw buildout CapEx. Features an active SFS 4COP Full Liquor License tied to the location, enabling seamless indoor and outdoor alcohol service and bypassing Manatee County quota waitlists. Provides massive immediate speed-to-market utility for an operator. Turnkey interior includes an open dining arena, custom bar lounge, two updated ADA restrooms, and a fully equipped commercial kitchen. Enjoy absolute peace of mind with a brand-new commercial roof (2025) and triple-zone high-efficiency HVAC array. Pro-forma base market rents range from $52,800 to $62,400 ($22.00 to $26.00/SF NNN) based on 2025/2026 local retail comps, yielding a realistic pro-forma cap rate range of 6.11% to 7.20% depending on final purchase terms. Balanced HOA budget covers water, sewer, recycling, trash, and exterior maintenance. Ideal for SBA 504 owner-occupants. Immediate occupancy!

Virtual tour

Facts & features

Property type
Commercial Sale
Sub type
Restaurant
Status
Active
Days on market
6
Subdivision
Two Rivers Business Park
County
Manatee
Year built
2005
Building area
2,400 sq ft
Price/sq ft
$353.75
Lot size
2,242 sq ft
Units
16
Buildings
1
Stories
1
Ceiling height
10 to 15 Feet
Parking spaces
53
Road frontage
Access Road, State Road, Turn Lanes
Building features
Bathrooms, Common Lighting, Dumpsters, Furnished, Kitchen Facility, Lit Sign on Site, Seating, Trash Removal, Truck Doors
Annual taxes
$2K (2025)
Parcel #
1158401259
Zoning
BR_UCC
MLS #
A4696887

Utilities

Utilities
Public, Water Connected
Water source
Public
Sewer
Public Sewer

Listing details

Listing date
2026-06-11
On market date
2026-06-12
MLS area
34208 - Bradenton/Braden River
Status changed
2026-06-12
Tax legal description
Two Rivers Business Park a Condo Property id's 11584.01259,11584.01209,11584.01309

Location

Directions

I-75 exit 220 for SR64 head west to 27th street east and turn left and again left at the access road to unit on right.

MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of June 18, 2026 at 4:26 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA

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