Investment Overview
The subject property features a 13,162 ± SF freestanding building and a separate 4,410 ± SF warehouse building. They are situated on a 2.53 ± acre lot along 8th Avenue West in Palmetto, FL. Approximately 7,600 SF of the main building consists of warehouse space, with the remaining space consisting of office and retail area. The warehouse portion of the main building features three grade-level roll-up doors, while the separate 4,410 ± SF warehouse features seven grade-level roll-up doors. The entire property is fenced and located within the City of Palmetto.
It is currently occupied by a boat retailer with the building configuration offering a combination of showroom, office, and warehouse space. Its proximity to the Manatee River and surrounding boating activity are major features for a marine-related business or other users that can benefit from the area's strong connection to the water.
Frontage along 8th Avenue West offers exposure to a traffic count of more than 32,000 vehicles per day. The property is also conveniently located near the Palmetto Historic District, Manatee River, multiple marinas, and a variety of waterfront restaurants and businesses.
The current zoning also allows for a variety of uses, including professional offices, retail sales, and personal services.
Investment Highlights
- Located less than a quarter mile north of the Manatee River
- In proximity to major thoroughfares such as US 41, US 301, & I-75
- Commercial Core zoning allows for a variety of uses