1326 37th Ave - Self-Storage Facilities FOR SALE


Bradenton, FL 34208
$3,250,000 USD
904-591-0140
1326 37th Ave, Bradenton, FL for Sale
$3,250,000 USD
Self-Storage Facilities - FOR SALE
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1326 37th Ave
Bradenton, FL 34208


HIGHLIGHTS

  • Stabilized Self Storage Facility on 4.51 acres in Bradenton, FL
  • Consistently stays full with a waiting list
  • Six 6,000 GSF concrete block buildings totaling 36,000 GSF of Drive-up self-storage and 119 units
  • 590’ of frontage along 15th St E with over 11,300 cars per day
  • Excellent demographics with population over 103,400 in 3 miles and AHHI of $69,325
  • Upside with professional management and marketing

OVERVIEW

This stabilized self-storage facility in Bradenton, Florida, offers investors an exceptional opportunity to acquire a high-performing asset in one of the Gulf Coast’s most desirable and rapidly growing markets. The property consistently operates at full occupancy with a waiting list, reflecting strong local demand and proven income stability. Situated along 15th Street East, the facility benefits from 590 feet of frontage and exposure to over 11,300 vehicles per day, providing excellent visibility and easy access for customers. The property features 6 concrete block buildings with 36,000 gross square feet of drive-up self-storage buildings comprising 119 total units. Current¬ly, there are three rental rate types depending on each tenant’s use. Due to this, there is a large discrepancy between the personal storage, business storage, and workshop rates, creating significant upside for a new owner. Additionally, each building has one meter, and tenants are charged addition¬al fees based on their usage, per the manager. An unfinished office space provides an immediate opportunity to create four additional 12x25 units, further enhancing revenue potential. In addition, the site includes excess land with zoning already in place to accommodate future expansion for either traditional mini storage or commercial warehouse/ workshop development—offering significant long-term upside. Located within a densely populated and growing Sarasota submarket, the facility is surrounded by strong demographics, with a population exceeding 103,400 residents within a three-mile radius and an average household income of $69,325. Limited competition and steady regional growth continue to support high occupancy levels and sustained rent growth. With its full occupancy, waiting list, and opportunity for professional third-party management to further enhance operations, this facility provides both immediate cash flow and room for expansion. Combining visibility, stability, and scalability, this property represents a secure, income-producing investment with significant upside in a thriving coastal Florida ma rket.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$90 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Manatee Storage and Workshops

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.51 AC

LAND SF

196,456 SF

ZONING

LM

APN/PARCEL ID

48108-0025-2

ASK ABOUT THIS PROPERTY

Josh KoernerCoastal Storage Group LLCMore Info
904-591-0140

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Josh KoernerCoastal Storage Group LLCMore Info
904-591-0140

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.