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Retail - for Sale

337 8TH W, PALMETTO, FL 34221

Asking Price$1,200,000 Change Price$38,000

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  • Days on market:

    2064 day(s)
  • Original Price:

    $1,200,000
  • Price per sqft:

    $198.02
  • 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
  • Tax Year:

    2021
  • Property Type:

    Retail
  • Parking:

    Over 30 SpacesCurb Parking
  • Lease Term Remaining:

    12 Months
  • Construction Type:

    StuccoBlock
  • Roof:

    Tile
  • Cooling Description:

    Central Air
  • Heating Description:

    CentralNatural Gas
  • Floor Description:

    CarpetOtherCeramic Tile
  • Special Listing Conditions:

    None
  • Lot Features:

    Corner Lot Sidewalk Street Lights

Description

$1,200,000 • living size area 6060 sqft

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**
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