Historic Restaurant
New
For Sale
$1,275,000
337 8TH W, Palmetto, FL 34221
Two levels combine dining and event rooms with food-storage infrastructure and a separate upper floor of six rooms.
Property SizeContact for details
Lot Size0.76 Acres
Days on Market5
Property Features for 337 8TH W
General Information
Standard status
Active
Lot size
0.76 Acres
Property subtype
Land
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$14,983
Amenities
walk-in freezer
walk-in refrigerator
dumpster pad
ADA ramp access
fireplaces
Building Details
Year Built
1923
Buildings
1
Stories
2
Listing Agency:
MATTHEW GUTHRIE AND ASSOCIATES REALTY LLC
Listed By:
Jordan Chancey, PA · License #3140532
(941) 545-8816
Source:
Elliman
Added: Oct 28
Changed: Nov 1
Last Checked: Nov 1 at 6:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MATTHEW GUTHRIE AND ASSOCIATES REALTY LLC
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Investment Insights
Based on property information with market context.
Built in 1923, this two-level commercial property contains more than 6,000 square feet on a 0.76-acre parcel in Palmetto. The ground floor includes multiple dining and event rooms, a 10-by-10-foot walk-in freezer, and a 10-by-10-foot walk-in refrigerator. ADA ramp access and on-site parking for more than 50 vehicles are also present. The upper floor spans approximately 1,930 square feet and is arranged as six rooms, with three fireplaces.
The property fronts Business 41, also identified as 8th Ave W. Seasonal traffic is reported at 30,000 to 40,000-plus vehicles per day. A 152-unit mixed-use project is under construction next to the site; another project, one block away, includes 80 units and 15,000 square feet of retail. The nearby Palmetto Marriott Resort & Spa and Bradenton Area Convention Center have completed construction.
The property fronts Business 41, also identified as 8th Ave W. Seasonal traffic is reported at 30,000 to 40,000-plus vehicles per day. A 152-unit mixed-use project is under construction next to the site; another project, one block away, includes 80 units and 15,000 square feet of retail. The nearby Palmetto Marriott Resort & Spa and Bradenton Area Convention Center have completed construction.
Key Highlights
- Built in 1923; more than 6,000 square feet across two levels
- 0.76‑acre site with on‑site parking for 50+ vehicles
- Main level has multiple dining and event rooms
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,138
Businesses Nearby
105k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Dining 25%
Groceries 12%
Hotels & Casinos 4%
7-Eleven
Shops & Services
16,259 visits/mo
0.4 miles
7-Eleven
Shops & Services
13,974 visits/mo
0.4 miles
Aldi
Groceries
13,132 visits/mo
0.5 miles
Burger King
Dining
11,493 visits/mo
0.4 miles
Bank of America
Shops & Services
9,086 visits/mo
0.4 miles
Demographics for 34221, FL
48,082
Population
24,812
Households
1.9
Avg Household Size
45
Median Age
28%
College-Educated
91%
High-School Grad
53.9 sq mi
ZIP Area
892
Density / Sq Mi
$74,314
Median Household Income
$40,072
Median Earnings
$1,459
Median Rent
$298,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Two levels combine dining and event rooms with food-storage infrastructure and a separate upper floor of six rooms.
Where is this conventional restaurant located?
The property is located at 337 8TH W Palmetto, FL.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Built in 1923; more than 6,000 square feet across two levels; 0.76‑acre site with on‑site parking for 50+ vehicles; Main level has multiple dining and event rooms
