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701-709 8th Ave W
Palmetto, FL 34221
Retail Property For Sale
EXECUTIVE SUMMARY
Unlock the potential of this versatile retail and office center! Ideally situated in the heart of downtown Palmetto, just steps from the picturesque Manatee River and boasting a dynamic mix of tenants, this property offers compelling value-add opportunities.
The unusually large size and location of the parcel also make it a prime candidate for an amazing redevelopment opportunity, benefitting from its position at a signalized intersection and high traffic counts.
Whether you're seeking a lucrative investment or envisioning a transformative redevelopment project, this property presents a compelling canvas for success in a thriving commercial hub.
The unusually large size and location of the parcel also make it a prime candidate for an amazing redevelopment opportunity, benefitting from its position at a signalized intersection and high traffic counts.
Whether you're seeking a lucrative investment or envisioning a transformative redevelopment project, this property presents a compelling canvas for success in a thriving commercial hub.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
10,512 SF
Building Class
C
Year Built
1955
Price
$2,413,127 CAD
Price Per SF
$229.56 CAD
Percent Leased
84%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.46
Lot Size
0.52 AC
Zoning
RS3
Parking
40 Spaces (4.79 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 26998-0000-5 | Improvements Assessment | $817,546 CAD |
| Land Assessment | $263,293 CAD | Total Assessment | $1,080,839 CAD |
PROPERTY TAXES
Parcel Number
26998-0000-5
Land Assessment
$263,293 CAD
Improvements Assessment
$817,546 CAD
Total Assessment
$1,080,839 CAD
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