337 8th Ave W - Restaurant FOR SALE


Palmetto, FL 34221- Palmetto/Ellenton
$1,300,000 USD
941-737-1500
337 8th Ave W, Palmetto, FL for Sale
$1,300,000 USD
Restaurant - FOR SALE
1/29
null | Request Cap Rate

337 8th Ave W
Palmetto, FL 34221
Palmetto/Ellenton


HIGHLIGHTS

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

OVERVIEW

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

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$215 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

52

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

CC

APN/PARCEL ID

31136-0000-5

ASK ABOUT THIS PROPERTY

Matthew GuthrieMatthew Guthrie and AssociatesMore Info
941-737-1500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Matthew GuthrieMatthew Guthrie and AssociatesMore Info
941-737-1500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.