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Listed price in listed location currency (USD).
$1,300,000

000

MLS® A4689797

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 6018 sqft
Garage 
Taxes $14,983
Days Active 0
Lot Size 
Approx. Age 1923
Avg. Price Per Sqft $216
MLS® Number A4689797

Property Address: 337 8th Ave W, Palmetto, FL, 34221-5117

Average square foot calculated using Size range provided by listing agent.

Description

A rare opportunity to acquire a prominent, historic commercial property positioned along one of the most traveled corridors in North Manatee County. Built in 1923, this iconic structure blends timeless character with functional scale, offering over 6, 000 square feet across two levels on a 0.76-acre site with exceptional visibility and access. The main level features multiple dining & special event rooms, ideal for restaurant, hospitality, retail, or adaptive reuse. Existing infrastructure includes a 10x10 walk-in freezer and 10x10 walk-in refrigerator, supporting food and beverage operations, along with a designated dumpster pad for service efficiency. The property is also equipped with ADA ramp access and abundant on-site parking for 50+ vehicles, a significant advantage for this corridor. The second floor (approx. 1, 930 SF) offers flexibility with six rooms (bedrooms or offices) and three fireplaces, well-suited for executive offices, boutique workspace, or potential conversion to suites. Located directly on Business 41 (8th Ave W), the property benefits from high daily traffic counts of 30, 000 to 40, 000+ vehicles (seasonal), providing strong exposure for owner-users or investors seeking a high-visibility asset. Surrounding development is accelerating. A 152-unit riverfront mixed-use project is underway adjacent to the site, along with an additional 80-unit mixed-use development featuring 15, 000 square feet of retail just one block away, bringing increased density and long-term value to the immediate area. Palmetto continues to evolve as a historic waterfront destination along the Manatee River, ideally positioned between St. Petersburg and Sarasota. Demand is rising for authentic, locally driven concepts that embrace the area’s coastal heritage and walkable downtown character. The nearby Palmetto Marriott Resort & Spa and Bradenton Area Convention Center have recently completed construction and are now attracting larger regional events, further supporting commercial growth and business opportunity in the corridor.
MLS® NumberA4689797
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1923
Basement
DrivewayOver 30 Spaces, Public Parking
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 27, 2026List Date
$1,300,000List Price
  • Commute

Commute

Starting Address
Destination Address
337 8Th Ave W, Palmetto, FL

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