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Investment Highlights

  • Heavy Traffic
  • High-Demand Area
  • Abundant on-site parking

Executive Summary

Property Highlights
Historic commercial asset built in 1923 with strong character and presence
±6,000+ SF total across two levels
0.76-acre site with excellent visibility and access
Positioned along Business 41 (8th Ave W) — one of North Manatee’s busiest corridors
High traffic counts: ~30,000–40,000+ vehicles daily (seasonal)
Main Level (Restaurant / Retail / Hospitality Ready)
Multiple dining + private event spaces
Ideal for restaurant, bar, retail, or adaptive reuse
Includes:
10x10 walk-in freezer
10x10 walk-in refrigerator
Dedicated dumpster pad for service efficiency
ADA-compliant ramp access
Second Floor (±1,930 SF)
6 rooms (offices or bedrooms)
3 fireplaces
Flexible use:
Executive offices
Boutique workspace
Potential suite conversion
Site Features
Ample on-site parking (50+ spaces)
Strong frontage and easy ingress/egress
Growth & Development Nearby
Adjacent to 152-unit riverfront mixed-use development (underway)
Within 1 block of 80-unit mixed-use project + 15,000 SF retail
Increasing density driving long-term value + foot traffic
Market Positioning
Located in Palmetto’s historic waterfront district
Between St. Petersburg & Sarasota
Rising demand for authentic, locally driven concepts
Area Drivers
Near Palmetto Marriott Resort & Spa
Close to Bradenton Area Convention Center

Attachments

41 brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,060 SF
Building Class
C
Year Built/Renovated
1923/2006
Price
$1,778,192 CAD
Price Per SF
$293.43 CAD
Tenancy
Single
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.18
Lot Size
0.76 AC
Zoning
CC - Commercial
Parking
52 Spaces (8.58 Spaces per 1,000 SF Leased)
Frontage
166’ on 4th St W

Amenities

  • Bus Line
  • Corner Lot
  • Restaurant
  • Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Bank OZK
Bank of America
Checkers
Publix
BMO
Jazzercise
Anytime Fitness
Fifth Third Bank
Sunbelt Rentals

Property Taxes

Property Taxes

Parcel Number
31136-0000-5
Land Assessment
$337,896 CAD
Improvements Assessment
$595,696 CAD
Total Assessment
$933,592 CAD
  • Listing ID: 40318625

  • Date on Market: 2026-04-28

  • Last Updated:

  • Address: 337 8th Ave W, Palmetto, FL 34221

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