David Ramirez
Restaurant

Commercial Sale · Restaurant

$775,000$849,0002,400 sq ft$323 /sq ft0.05 acres16 units5.94% cap

515 27TH STREET E UNIT 9, 10, 11, BRADENTON, FL, 34208

Active53 days on marketListed Jun 12, 2026MLS #A4696887

About this property

The property at a glance

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!

2,400

Building sq ft

$323

Price / sq ft

0.05

Lot acres

2005

Year built

16

Units

1

Building

BR_UCC

Zoning

Restaurant

Property type

Building size2,400 sq ft
Lot size0.05 acres
Year built2005
Units16
Buildings1
ZoningBR_UCC
ParkingCommon · Ground Level · Lighted · Over 30 Spaces · Shared Parking
ConstructionBlock · Stucco
CoolingCentral Air
HeatingCentral · Natural Gas · Zoned
UtilitiesPublic · Water Connected
Annual taxes$2,184

The numbers

Investment snapshot

5.94%

Cap rate

$50,400

Net operating income

$52,800

Gross income (yr)

$48,438

Price / unit

16

Units

Estimated payment (illustrative)

Down payment25% · $193,750
Interest rate6.00%
Loan term

Estimated payment

$3,827/mo

Principal & interest$3,485
Property taxes (actual bill)$182
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

55,000vehicles / day · 202517th St E to Morgan Johnson 57ste · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

Carmen's Italian CafeRestaurant0 mi
Kriya Food MartGrocery0.1 mi
Michael John's Steak & SeafoodRestaurant0.9 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

1,707

Population

$40,326

Median income

49

Median age

3

Avg household

$209,900

Median home value

$1,198/mo

Median rent

113

Households w/ kids

Consumer profile

Happily Ever AfterTop 4%

Whether it's the stress of wedding planning or looking back on that special day, this population has their eyes and hearts focused on lifelong commitment.

Love & RomanceTop 16%

Love is in the air when this population is present. Includes people expressing their feelings for significant others in special ways. Common activities include anniversaries and date nights.

Farm CultureTop 22%

Do you know where your food comes from? These people do, and they want to share their love for farming and simple living with the community.

NetworkingTop 24%

Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.

Competitive NatureTop 25%

These folks have their head in the game. Whether it's creating a card game tournament with friends or cheering on the home team, these people want to win.

Organized SportsTop 26%

From tryouts and casual pick-up games, to varsity tournaments and intramural matches, this population includes people who participate in organized athletics. Often through schools or public recreational areas.

Recent sales

What actually sold near 515 27TH STREET E UNIT 9

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

2416 9TH STREET E

$192,000

2416 9TH STREET E

552 sqft · $348/sqft · Sold Sep 27, 2024

305 8TH STREET E

$600,000

305 8TH STREET E

2,500 sqft · $240/sqft · Sold Mar 5, 2025

100 3RD AVENUE W UNIT Suite 120

$39,105

100 3RD AVENUE W UNIT Suite 120

2,607 sqft · $15/sqft · Sold Aug 26, 2024

Your team

The pros in your corner

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about 515 27TH STREET E UNIT 9 — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 515 27TH STREET E UNIT 9.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

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Listing courtesy of PREFERRED SHORE LLC · Ciro Rocco. MLS #A4696887.

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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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