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503 PALMETTO STREET

Commercial For Sale
$350,000

BTC: 4.17586351

ETH: 132.07547170

-$35K (2026/08/07)
124 days
0 room(s)
807 sqft

Overview

INVESTOR OPPORTUNITY! Explore the potential of this unique commercial property located in a DESIGNATED OPPORTUNITY ZONE. A rare opportunity to own a 3 PARCELS totaling approximately 5 ACRES situated on the corner of Palmetto Street and E. Bates Avenue., priced at $350,000 for ALL 3 parcels!! The site includes the original barbecue restaurant and pits, along with a spacious picnic pavilion that has hosted countless family gatherings, community events, and outdoor dining experiences over the years. 2 Parcels are zoned MCR - 3rd parcel (4.1 acres) is zoned Urban Residential. This is a great business opportunity - Endless possibilities await! With excellent visibility, ample space, and strong community recognition, the possibilities are endless. Revive the legendary barbecue stand, create a new restaurant or entertainment venue, establish a catering headquarters, or explore redevelopment opportunities. This landmark property offers the rare combination of location, acreage, and local heritage that is difficult to find. Bring your vision and capitalize on the legacy of a long-standing community favorite. Additional parcels being sold together with this property: 12-19-26-1300-00E-00000, 12-19-26-3100-00D-00000 Call me today for your private tour! .

Location

Details

Type:
Commercial Sale
Parking:
Ground Level
Year Built:
1970
Lot:
0.15 Acres
Heating:
Natural Gas
Price/sqft:
$434
Cooling:
None
HOA:
No Data

Highlights

Annual tax
$1,826
2025
All facts and features
  • Flooring

    • Concrete

    • Tile

    Heating

    • Natural Gas

    Cooling

    • None

  • Parking

    • Ground Level

    Property

    • Levels: One

    Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: 121926130000E00012

    • Zoning: MCR

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Restaurant

  • Utility

    • Electricity Available

    • Water Connected

  • Other financial information

    • Annual tax amount: $1,826

  • Source details

    • MLS ID: G5112936

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Window Features: Display Window(s)

    • Other Structures: Storage

    • Living Area: 807

    • Water Source: Public

    • Subdivision Name: EUSTIS HOGANS SUB

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX PREMIER REALTY