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Executive Summary
This ±0.35-acre 9th Street East parcel adds meaningful scale to the Manatee River assemblage, totaling 15,200 SF. At the project's target density, it supports approximately 14 units.
A fantastic opportunity for a multifamily development with stunning water views on the Manatee River. The current assemblage covers 5.86 acres, with the potential to expand by an additional 1.6 acres, making it a total of 7.46 acres. This development is planned in phases and may include commercial retail spaces. Phase I is set to feature 234 units, and with the extra 1.6-acre addition, an additional 64 units can be built, bringing the total to 298 units. Adjacent to Riverwalk and a proposed downtown waterfront restaurant, the owner plans to develop a +/- 6,000 sqft restaurant in phase II. This assemblage is located in an Opportunity Zone.
Execute CA for Offering Memorandum for in-depth information on the project.
A fantastic opportunity for a multifamily development with stunning water views on the Manatee River. The current assemblage covers 5.86 acres, with the potential to expand by an additional 1.6 acres, making it a total of 7.46 acres. This development is planned in phases and may include commercial retail spaces. Phase I is set to feature 234 units, and with the extra 1.6-acre addition, an additional 64 units can be built, bringing the total to 298 units. Adjacent to Riverwalk and a proposed downtown waterfront restaurant, the owner plans to develop a +/- 6,000 sqft restaurant in phase II. This assemblage is located in an Opportunity Zone.
Execute CA for Offering Memorandum for in-depth information on the project.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.35 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | Multifamily Development | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.35 AC |
| Opportunity Zone |
Yes |
| Zoning | Multifamily Development |
1 Lot Available
Lot
| Lot Size | 0.35 AC |
| Lot Size | 0.35 AC |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 31379-0000-1 | Improvements Assessment | $0 CAD |
| Land Assessment | $200,467 CAD | Total Assessment | $200,467 CAD |
Property Taxes
Parcel Number
31379-0000-1
Land Assessment
$200,467 CAD
Improvements Assessment
$0 CAD
Total Assessment
$200,467 CAD
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406 9th St E - 406 9th St E
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