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337 8th Avenue

PALMETTO, FL 34221
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SqFt33,097

Sqft(Lot)

Acres0.76

Acre(Lot)

A rare opportunity to acquire a prominent, historic commercial property positioned along one of the most traveled corridors in North Manatee County. Built in 1923, this iconic structure blends timeless character with functional scale, offering over 6,000 square feet across two levels on a 0.76-acre site with exceptional visibility and access. The main level features multiple dining & special event rooms, ideal for restaurant, hospitality, retail, or adaptive reuse. Existing infrastructure includes a 10x10 walk-in freezer and 10x10 walk-in refrigerator, supporting food and beverage operations, along with a designated dumpster pad for service efficiency. The property is also equipped with ADA ramp access and abundant on-site parking for 50+ vehicles, a significant advantage for this corri dor. The second floor (approx. 1,930 SF) offers flexibility with six rooms (bedrooms or offices) and three fireplaces, well-suited for executive offices, boutique workspace, or potential conversion to suites. Located directly on Business 41 (8th Ave W), the property benefits from high daily traffic counts of 30,000 to 40,000+ vehicles (seasonal), providing strong exposure for owner-users or investors seeking a high-visibility asset. Surrounding development is accelerating. A 152-unit riverfront mixed-use project is underway adjacent to the site, along with an additional 80-unit mixed-use development featuring 15,000 square feet of retail just one block away, bringing increased density and long-term value to the immediate area. Palmetto continues to evolve as a historic waterfront destination along the Manatee River, ideally positioned between St. Petersburg and Sarasota. Demand is rising for authentic, locally driven concepts that embrace the area's coastal heritage and walkable downtown character. The nearby Palmetto Marriott Resort & Spa and Bradenton Area Convention Center have recently completed construction and are now attracting larger regional events, further supporting commercial growth and business opportunity in the corridor.

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Detail Ic Property Details

Property Type : Land

Price : $1,300,000

AD Id : 77842254

MLS Id : MFRA4689795

Lot Size : 0.76 Acre(Lot)

Living Area Size : 33,097

County : Manatee

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Feature Features

  • Water Source

    WaterSource: Public

  • Lot Information

    Lot Dimensions: 168x165 Lot Description: Central Business District, Historic District, City Limits, Landscaped, Level, Sidewalk, Street Lights, Paved Lot Square Feet: 33097 Lot Acres: 0.76 Lot Size (SqMt): 3075

    Property Information

    Property Type: Land

  • Listing Price Information

    Original List Price:$1300000

  • Tax Information

    Tax Lot: 2 Tax Legal Description: BEG AT NE COR OF LOT 2 U S, W 70 YDS, S 70 YDS, E 70 YDS, N 70 YDS, LESS N 25 FT FOR STREET & LESS STREET ON E.; ALSO LESS RD R/W: PARCEL 119.1: COM AT THE NE COR OF THE NW1/4 OF SD SEC 23, SD COR BEING ON THE SURVEY BASE LN OF SR 45; TH ALG SD SURVE Y BASE LN S 00 DEG 22 MIN 26 SEC W, 22.80 FT; TH N 89 DEG 35 MIN 49 SEC W, 30 FT TO THE INT OF THE W EXSTG R/W LN Annual Tax: $14983 Tax Year: 2025 Parcel Number: 3113600005

  • Utility Information

    BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Propane, Public, Sewer Connected, Telephone Nearby, Utility Pole, Water Connected Sewer: Public Sewer Water Source: Public
  • Location Information

    City: PALMETTO Direction: US 41 Business in Palmetto- Corner of 4th
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
12870 Grass Farm Road, Palmetto, FL, 34221 $720,000 -- -- 501,942 11.52 Acres(Lot)
6910 36th Avenue, Palmetto, FL, 34221 $1,500,000 -- -- 37,501 0.86 Acre(Lot)
37th Street, Palmetto, FL, 34221 $1,200,000 -- -- 668,733 15.35 Acres(Lot)
9620 36th Avenue, Palmetto, FL, 34221 $2,400,000 -- -- 65,776 1.51 Acres(Lot)
2519 Moccasin Wallow Road, Palmetto, FL, 34221 $1,299,999 -- -- 85,377 1.96 Acres(Lot)
7005 Us 41, Palmetto, FL, 34221 $3,000,000 -- -- 132,422 3.04 Acres(Lot)
3002 16th Avenue, Palmetto, FL, 34221 $650,000 -- -- 435,600 10 Acres(Lot)
4724 16th Avenue, Palmetto, FL, 34221 $89,500 -- -- 11,238 0.26 Acre(Lot)
6715 16th Avenue, Palmetto, FL, 34221 $649,000 -- -- 384,635 11 Acres(Lot)
102 Riviera Dunes Way #.., Palmetto, FL, 34221 $289,000 -- -- -- 0.03 Acre(Lot)
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ByOwner last updated this listing 06/12/2026 @ 18:20

MLS: MFRMLS #A4689795 LISTED BY: Jordan Chancey, PA, MATTHEW GUTHRIE AND ASSOCIATES REALTY LLC 941-737-1500 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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