$1,200,000
For Sale

337 8TH AVENUE W

Palmetto, FL 34221
6060 sqft | 0.76 acres | #A4418551
Browse 22 photos
Type:Purchase
Structure:Retail
Zone:Commercial

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**

  • Property Details
      • Utility FeaturesBB/HS Internet Capable, Electricity Available, Phone Available, Public
      • Lot DescriptionCorner Lot, Sidewalk, Street Lights, Paved
      • Sewer InformationPublic Sewer
      • Original List Price$1,200,000
      • Property ConditionCompleted
      • Property TypePurchase
      • MLS #A4418551
      • MLS #A4418551
      • CountyManatee
      • Taxes Annual$10,719
      • Cost1200000
      • Property SubtypeRetail
      • Acres0.76
      • Square Feet6060
      • Year Built1923
      • Days on Market (Cumulative)2028
      • Stories2

Location

Bill BarnabaReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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