US301/41 Corner Ripe for Redevelopment! EXCITING MATERIAL FACT TO REPORT: Across the street from subject property, next to the Bradenton Area Convention Center, a new eight-story 251 unit Sheraton hotel construction is breaking ground (just rec'd $1.5MM grant Jan 2020)! Proposed $15MM in convention center upgrades too! 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 & 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. Many commercial & retail possibilities available for this property. Land for sale is only .60 acres, however, 1.63 acres are available with purchase of adjacent land. Adjacent parcel on 7th Street West listed for sale at $629,000. 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.
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Heading North of Desoto Bridge, turn left (West) into the property at 711 US Highway 301 N, Palmetto, FL 34221.