$1,238,000

337 8th Avenue W

PALMETTO FL, 34221

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 its 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**

Details

MLS#A4418551
Listing TypeFor Lease
StatusActive
Year1923
Days On Site757

Features

SQ Feet6,060
ZoningCC
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Area Information
StateFL
CountyManatee
CityPALMETTO
Zip Code34221
Area34221 - PalmettoRubonia
Listing VS Median (in 34221)
Price:
$1,238,000
low | high
Med:
$273,685
100% of Average
SqFt:
6,060
low | high
Med:
1,416
100% of Average
$ / SqFt:
$204
low | high
Med:
$193
55.389416363189% of Average
On Site:
757
low | high
Med:
39
100% of Average
Listing Updated: November 25, 2020 9:10:16 PM PST
Garrett Yankee LogoMLS Number: A4418551
Listing Provided By:
Garrett Yankee  of  PREFERRED SHORE

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