$1,238,000 337 8th Avenue W Palmetto, FL

MLS: A4418551   Type: Single Family   County: Manatee   City: Palmetto   Area: Palmetto-rubonia   Zip: 34221   Style: Retail     Stories: 2   Taxes: $12,094

Mortgage $5,812 /mo



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Almost every Palmetto resident is familiar with this building, which was built in 1923. This charming property has 6 fireplaces and has stood the test of time with it’s superb craftsmanship. The lot is located in a prime location with an estimated 34,000+ vehicles past it each day. There is also a total of 52 parking spaces on the site. The building was once built to serve as a home but has been tastefully modified to accommodate a restaurant or other kind establishment. The kitchen area is properly equipped to accommodate restaurant equipment and supplies. A walk-in 10x10 freezer and 10x10 refrigerator is located off of the food prep area. The upstairs is approximately 1,930 Sq. Ft. and consists of 6 bedrooms/offices and three fireplaces. This property has tons of character and tons of potential to host a thriving business. The Palmetto Community Redevelopment Agency just approved a mixed use development for the lots adjoining this one on the south side. The mid-rise development will have "resort-style" apartments and retail space on the ground floor. **See Video Link**

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Price History

10/11/2020 Listed $1,238,000

Accessibility Accessible Entrance
Additional Parcels Y/N No
Building Features Bathrooms, Kitchen Facility, Seating
Business Type Bar/Tavern/Lounge, Food & Beverage, Professional/Office, Restaurant, Retail
Construction Materials Block, Stucco
Cooling Central Air
Flooring Carpet, Ceramic Tile, Other
Heating Central, Natural Gas
Lease Term 12 Months
MLS Area 34221 - Palmetto/Rubonia
New Construction No
Parking Features Curb Parking, Over 30 Spaces
Property SubType Retail
Property Type Commercial Sale
Roof Tile
Security Features Fire Sprinkler System, Smoke Detector(s)
Sewer Public Sewer
Special Listing Conditions None
Status Active
Total Num Buildings 1
Township 34
Utilities BB/HS Internet Capable, Electricity Available, Gas, Phone Available, Public
Water Access Y/N No
Year Built 1923
Zoning CC

Interior Features

Living Area 6060.00
Numof Restrooms 3

Exterior Features

Building Area Total 6060.00
Front Footage 168
Lot Features Corner Lot, Sidewalk, Street Lights, Street Paved
Lot Size Acres 0.76
Lot Size Square Feet 33099
Road Frontage Type City Street, Highway, Main Throrughfare
Water Extras Yn No
Water View Y/N No
Waterfront Feet Total 0
Waterfront Y/N No

Property Schools

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Gallery (22 photos)

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Property vs Zip Code Avg (34221)

Price 1.23M Avg 631K

Sqr Feet 6,060 Avg 2,937

Cost / Sqr Ft $204 Avg $215

Taxes $12,094 Avg $4,964

Acres 0.76 Avg 0.9

Visits 1,951 Avg 136

Days on Site 891 Avg 95

Walkscore® 66 Avg 32

Data Provided by Walkscore ® not using MLS data

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Location & Address

The Exit Realty Group
8728 E. State Road 70
Bradenton, FL

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