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701-709 8th Ave W
Palmetto, FL 34221
Retail Property For Sale
Investment Highlights
- Highly visible corner location at a signalized intersection in downtown Palmetto.
- Large parcel size offers unmatched redevelopment flexibility in a growing submarket.
- Within walking distance to the Manatee River and surrounding commercial amenities.
- Easy access to U.S. Highway 41, I-275, and other major transportation routes.
Executive Summary
Unlock the potential of this versatile retail and office center! Ideally situated in the heart of downtown Palmetto, just steps from the picturesque Manatee River and boasting a dynamic mix of tenants, this property offers compelling value-add opportunities.
The unusually large size and location of the parcel also make it a prime candidate for an amazing redevelopment opportunity, benefitting from its position at a signalized intersection and high traffic counts.
Whether you're seeking a lucrative investment or envisioning a transformative redevelopment project, this property presents a compelling canvas for success in a thriving commercial hub.
The unusually large size and location of the parcel also make it a prime candidate for an amazing redevelopment opportunity, benefitting from its position at a signalized intersection and high traffic counts.
Whether you're seeking a lucrative investment or envisioning a transformative redevelopment project, this property presents a compelling canvas for success in a thriving commercial hub.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
10,512 SF
Building Class
C
Year Built
1955
Price
$1,600,000
Price Per SF
$152.21
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.46
Lot Size
0.52 AC
Zoning
RS3 - residential single-family
Parking
40 Spaces (4.79 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Property Taxes
| Parcel Number | 26998-0000-5 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $858,738 |
Property Taxes
Parcel Number
26998-0000-5
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$858,738
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