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FOR SALE OR LEASE – PROGRAM-READY HOUSING FACILITY | DOWNTOWN BRADENTON
Rare opportunity to acquire a 10, 000 SF facility specifically suited for transitional housing, group living, or program-based residential use. Located in downtown Bradenton, this property is already configured with 16 private rooms along with multiple offices, classroom spaces, and common areas — making it an ideal setup for operators seeking a functional, program-ready environment.
The building was previously utilized for transitional housing and is well-positioned for organizations serving youth, young adults, recovery programs, workforce housing, or nonprofit initiatives. The existing layout significantly reduces the time and cost required to bring a program online compared to a traditional conversion.
Situated on six parcels with mixed-use zoning, the property also offers flexibility for future expansion, redevelopment, or alternative institutional uses.
Property Features:
• Approximately 10, 000 SF building
• 16 private rooms suitable for residential occupancy
• Offices, classrooms, and administrative areas already in place
• Common areas for programming and resident use
• Mixed-use zoning allowing a variety of housing and institutional uses
• Located in downtown Bradenton near public services and transportation
• Previously operated as a transitional housing facility
Ideal For:
• Transitional housing programs
• Youth and young adult housing (18–24)
• Recovery / sober living programs
• Workforce housing operators
• Nonprofit or faith-based organizations
• Counseling or community service providers
This property provides a unique opportunity to step into a facility that is already aligned with program-based housing, minimizing the need for a full-scale redevelopment.
Available for purchase or lease to qualified operators. Ownership open to discussions with organizations ready to activate the space.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,150,777
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $920,622 | $920,622 | $920,622 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.145% | 6.117% |
| Monthly Tax Payment | $929 | $929 | $929 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,373 | $5,520 | $7,707 |
| Total Monthly Payment | $6,426 | $6,573 | $8,760 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.