MANATEE -- A shuttered Bayshore Gardens Salvation Army store is in new hands after a deal closed last week when the charity sold the building for half of what it cost.
Skace Properties picked up the building, 6835 14th St. W, for $575,000, using a $311,000 and a $248,800 mortgage through Insignia Bank to finance the deal. Skace is managed by Kevin, Robert, Susan and Lindsay Owens of Sarasota, according to a business filing.
Salvation Army paid $1.1 million for the 6,000-square-foot building in 2008, according to property appraiser records. Re/Max Metro represented the seller. A new roof was installed on the Class B- retail showroom in 2011.
The Salvation Army in Manatee County has been reorganizing its properties and sold another former store near downtown to the Hu
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mane Society of Manatee County in November. The organization is planning transitional housing as part of a mixed-use building featuring retail and training rooms on 14th Street near its shelter at 1204 14th St. W.
Former Suncoast Workforce building sold
The former Manatee County home to Suncoast Workforce, now CareerSource Suncoast, has a new owner.
The 25,000-square-foot office building owned by George C Perrault LT 2 LLC was sold to Cantolino Prop I LLC, which is owned by Sarasota resident Christopher Cantolino, president of Resource Conservation Technologies, according to business records.
The 22-year-old building, 3500 9th St. W, sold for $1.27 million, which is just a few thousand less than what it sold for in 2006. Patricia Baker from Re/Max Alliance Group represented the seller.
The building is across from the Desoto Square Mall, features a center courtyard, gated enclosure, and a loading dock on 5.8-acres, with room for expansion.
The building was once home to the regional job agency Suncoast Workforce before the agency moved back to its original home at 1112 Manatee Ave. E last year. Early Learning Coalition of Manatee County was also in the building and moved in June to 600 8th Ave. W, Suite 100 in Palmetto.
Charles Schelle, business reporter, can be reached at 941-745-7095.