337 8TH AVE W
337 8TH AVE W
337 8TH AVE W
337 8TH AVE W
337 8TH AVE W
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337 8TH AVE W
337 8TH AVE W
337 8TH AVE W
337 8TH AVE W
337 8TH AVE W
For Sale

337 8TH AVE W

337 8TH AVE W, PALMETTO, FL 34221

$1,300,000
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 corridor.

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.

0.76 Acres lot

Jordan Chancey

Jordan Chancey

Features & Amenities

Area & Lot

  • Status For Sale
  • Lot Area0.76 Acres
  • MLS® IDA4689795
  • TypeLand
  • NeighborhoodPalmetto
  • View DescriptionCity

Exterior

  • water SourcePublic
  • utilitiesBB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Propane, Public, Sewer Connected, Telephone Nearby, Utility Pole, Water Connected
  • lot featuresCentral Business District, Historic District, City Limits, Landscaped, Level, Sidewalk, Street Lights, Paved
  • sewerPublic Sewer
  • HOA AmenitiesFence Restrictions, Playground

Financial

  • Sales Price$1,300,000
  • Real Estate Tax $14,983/yr
  • Zoning CC

Palmetto

Old Florida, Small Town Feel

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Work With Jordan

As a award winning Broker-Associate, Jordan Chancey offers clients a high­ level skill set honed over 20 years in the real estate business. From property selection through negotiations and closing, his knowledge, creativity and proven track record have gained him a reputation as one of the area's top agents. As a sixth-generation Floridian, he is an expert in this market with sales in the tens of millions. His past & current listings include impressive waterfront estates, beach community offerings, homes on acreage, single-family residences, and unique historic properties.