337 US-41 BUS. Palmetto, FL 34221
6,018 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Restaurant
Listing Status Active
Purchase Type For Sale
Square Footage 6,018 sqft
Price per Sqft $216
MLS Listing ID A4689797
Construction Status Fixer
HOA Y/N No
Year Built 1923
Annual Tax Amount $14,983
Lot Size 0.760 Acres
Acres 0.76
Property Sub-Type Restaurant
Source Stellar MLS
Property Description
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.
Location
State FL
County Manatee
Area 34221 - Palmetto/Rubonia
Zoning CC
Interior
Heating Central, Other
Cooling Central Air, Other
Flooring Other
Exterior
Parking Features Over 30 Spaces, Public Parking
Community Features Sidewalks
Utilities Available Electricity Available, Public, Telephone Nearby, Water Connected
Roof Type Other,Tile
Building
Lot Description Central Business District, Corner Lot, City Limits, Landscaped, Near Public Transit, Sidewalk, Street Lights, Paved
Foundation Crawlspace, Other
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Structure Type Stucco
New Construction false
Construction Status Fixer
Others
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4689797
