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515 27TH STREET E UNIT 9, 10, 11

Commercial For Sale
$849,000

BTC: 13.47619048

ETH: 482.38636364

6 days
0 room(s)
2,400 sqft

Overview

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!

Location

Details

Type:
Commercial Sale
Parking:
Common / Ground Level / Lighted / Over 30 Spaces / Shared Parking
Year Built:
2005
Lot:
0.05 Acres
Heating:
Central / Natural Gas / Zoned
Price/sqft:
$354
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$480,000
$337K – $767K
Confidence Low
List vs. estimate
$369K above estimate
List $849,000 · +76.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$353
+50.6% vs. city median $234
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,183
2025
All facts and features
  • Flooring

    • Porcelain Tile

    • Tile

    Heating

    • Central

    • Natural Gas

    • Zoned

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Microwave

    • Refrigerator

  • Parking

    • Common

    • Ground Level

    • Lighted

    • Over 30 Spaces

    • Shared Parking

    Property

    • Levels: One

    Lot

    • Lot: 0.05 Acres

    Other Property Information

    • Parcel Number: 1158401259

    • Zoning: BR_UCC

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Restaurant

  • Utility

    • Public

    • Water Connected

  • Other financial information

    • Annual tax amount: $2,184

  • Source details

    • MLS ID: A4696887

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Lot Features: Corner Lot / Curb and Gutters / Industrial Condo / Shopping Center / Sidewalk / Street Lights

    • Window Features: ENERGY STAR Qualified Windows / Insulated Windows / Thermal Windows / Tinted Windows / Window Treatments

    • Direction Faces: North

    • Living Area: 2400

    • Water Source: Public

    • Subdivision Name: TWO RIVERS BUSINESS PARK

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PREFERRED SHORE LLC