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$1,200,000

Est. payment - /mo

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6,060 SqFt

Active

337 8TH AVE W Palmetto, FL 34221

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Jerid Wempen

jerid@titanonerealty.com +1(720) 297-4020

UPDATED:

10/18/2024 09:01 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 6,060 sqft

Price per Sqft $198

MLS Listing ID A4418551

HOA Y/N No

Originating Board Stellar MLS

Year Built 1923

Annual Tax Amount $10,719

Lot Size 0.760 Acres

Acres 0.76

Property Description

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**

Location

State FL

County Manatee

Zoning CC

Direction W

Interior

Heating Central, Natural Gas

Cooling Central Air

Flooring Carpet, Ceramic Tile, Other

Exterior

Parking Features Curb Parking, Over 30 Spaces

Utilities Available BB/HS Internet Capable, Electricity Available, Phone Available, Public

Roof Type Tile

Building

Lot Description Corner Lot, Sidewalk, Street Lights, Paved

Story 2

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Structure Type Block,Stucco

New Construction false

Others

Ownership Corporation

Special Listing Condition None

Listed by PREFERRED SHORE

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Jerid Wempen

Broker

+1(720) 297-4020