$1,400,000
Panama City, FL 32404
MLS# 681084
Status: Sold
8302 sqft
1 / 6
Property Description
Turnkey Restaurant opportunity in Panana City (Callaway). The property consists of an 8,302 square foot resaurant facility, formally a Sonny's franchised restaurant. The franchise does not go with the sale. The restaurant has seating for 211 people and has a seperate Bar and Banquet facilities. The building sits on 3.104 acres. The building did receive some minor damage from the storm but is insured and all damage will be repaired. DRASTIC PRICE REDUCTION, Reduced $200,000.
Details
Maps
Contract Info
List Price/SqFt: 201.76
List Date: 2019-03-07
List Price: $1,675,000
Current Price: $1,400,000
Sub-Type: Other
Location
Sub Area: 0202 - Bay - Central SE
Community/Resort: None
Waterfront: No
Elementary School: Parker
Middle School: Everitt
High School: Rutherford
Section: 7
Directions: From Panama City going East on Hwy 98 or Tyndall Parkway, the property will be on the left side of the road at 532 Tyndall Parkway North. Sign on the property.
Township: 4S
Range: 13W
Area: 02 - Bay County - Central
Street #: 532
Street Direction: N
Street Name: Tyndall
Street Suffix: Parkway
State: FL
Zip Code: 32404
County: Bay
Subdivision: St. Andrews Bay Dev. Co.
Parcel ID: 06257-000-000
Legal Description: 7 4S 13W -190- 131C2 ST AND BAY DEV CO PLAT BEG NE COR OF LOT 24 TH RUN S 323.23' TH W 618.08' TO EAST R/W LINE OF TYMDALL PKWY TH N ALONG R/W 261.89' TO POINT 66' FROM N LINE OF LOT 24 TH RUN E 420.79' TH N 66' TO THE N LINE OF LOT 24 TH E 200' TO POB LESS PRCL ORB 3616 P 1748
General Property Info
List Class: Bar/Restaurant
Site Dimensions: 220 x 585
Acreage: 3.1
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Unit: 8302
Frontage Ft: 220
SqFt Tot Bldg: 8302
Lot Depth: 585
Year Built: 2000
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: Turnkey Restaurant opportunity in Panana City (Callaway). The property consists of an 8,302 square foot resaurant facility, formally a Sonny's franchised restaurant. The franchise does not go with the sale. The restaurant has seating for 211 people and has a seperate Bar and Banquet facilities. The building sits on 3.104 acres. The building did receive some minor damage from the storm but is insured and all damage will be repaired.
DRASTIC PRICE REDUCTION, Reduced $200,000.
Status Change Info
Sold Price/SqFt: 168.63
Sold Price/Acre: 451612.9
Status: Sold
Under Contract Date: 2020-03-08
Sold Date: 2020-10-15
Sold Price: $1,400,000
Financing
Conventional: 1
Present Zoning
Commercial: 1
Utilities
All Utilities: 1
Sale Type
As Is: 1
Business Only
Year Built: 20000
Building SqFt: 8302
Business/Property
Freestanding Building: 1
Furnished - All: 1
Handicapped Access: 1
Kitchen Area: 1
Office Area: 1
Seating 200+: 1
Floors in Unit/Home
One: 1
Heating/Cooling
AC - Central: 1
AC - Entire: 1
Exhaust Fan: 1
Heat - Central Electric: 1
Pricing Type
Sale Price: 1
Transport. Access
4-Lane: 1
Divided Highway: 1
Median Cut: 1
Property Features
Financing: Conventional
Pricing Type: Sale Price
Present Zoning: Commercial
Sale Type: As Is
Utilities: All Utilities
Listing Office: NAI TALCOR
Last Updated: October - 04 - 2024
Information deemed reliable but not guaranteed.