US301/41 Corner Ripe for Redevelopment! EXCITING MATERIAL FACT TO REPORT: Across the street from subject property, next to the Bradenton Area Convention Center, the Palmetto City Commission on August 6th, 2018 has voted to move forward with a new plan which includes an eight-story 251 unit Sheraton hotel. Ask your Realtor about the news article in Realtor remarks section! -- Amazing Commercial Location with approx 200' of rare frontage on US HWY 301 / U.S. Hwy 41! Steps away from the Bradenton Area Convention Center, Desoto Bridge and luxury high rise condos. Situated at the NW corner traffic light intersection of US HWY 301 / U.S. Hwy 41 & 7th St West. FDOT expects the 64,500 vehicles using the Desoto Bridge daily to increase to 102,000 by 2040. There are many commercial & retail possibilities available for this property. Adjacent parcel on 7th Street West is also listed for sale at $629,000. The two parcels together are 1.63 acres. Zoned CG Business and Light Commercial: This zoning allows a variety of retail and commercial service activities to be conducted compatible with surrounding uses and residential district. Permitted uses may include gas station, convenience store, restaurant, liquor store, business office center, church, auto or boat sales, lodging for hotel/motel, etc. The property is also located in Palmetto's Redevelopment Zone so commercial incentive may be available through the Palmetto CRA. See attached for Palmetto's 2016-2020 CRA Plan.*Listing provided courtesy of the MLS.
Listings provided courtesy of the MLS.
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