$1,900,000
Panama City Beach, FL 32407
MLS# 737279
Status: Sold
8174 sqft
1 / 35
Property Description
Turnkey restaurant for sale!! Fully Equipped with seating of 250 with a private dinning room for all banquets and functions, has 3 walkin coolers, 67 tap beers and a brand new pizza oven plus every other commercial equipment a restaurant will dream of. This restaurant has successfully operated the restaurant for 25 years. Great opportunity! Property is zoned C-3and is 1.87 acres with 225 ft frontage on Front Beach. Close to new PCB Sports Complex. Site can also be used for retail and would also lend itself for redevelopment as hotel/motel space. 52000 traffic count. Building has been well maintained for future owners. the sale includes two parcels 27874-010-000 and 27874-015-000
Details
Maps
Contract Info
List Price/SqFt: 281.38
List Date: 2023-02-07
List Price: $2,300,000
Current Price: $1,900,000
Sub-Type: Retail
Location
Sub Area: 0320 - Beach - Middle Central
Community/Resort: None
Waterfront: No
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: Traveling west on Highway 98, go over Hathaway Bridge, continue traveling west on Front Beach Road, property is on the left.
Area: 03 - Bay County - Beach
Street #: 7715
Street Name: Front Beach
Street Suffix: Road
State: FL
Zip Code: 32407
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 27874-010-000
Legal Description: 32 3S 15W -20.1- 57D BEG 174.99' W OF INTER SLY R/W OF HWY 98 & E LI GOVT LOT 4 TH S 258.58' NELY 175' S 20' SWLY 325' N 278.58' NELY 150' ALG SLY R/W HWY 98 TO POB ORB 1547 P 1036 ORB 4311 P 2099
General Property Info
List Class: Bar/Restaurant
Acreage: 1.87
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Unit: 8174
SqFt HVAC: 8174
SqFt Retail: 10100
Frontage Ft: 225
SqFt Tot Bldg: 8174
Lot SqFt: 81680
Year Built: 1986
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: Turnkey restaurant for sale!! Fully Equipped with seating of 250 with a private dinning room for all banquets and functions, has 3 walkin coolers, 67 tap beers and a brand new pizza oven plus every other commercial equipment a restaurant will dream of. This restaurant has successfully operated the restaurant for 25 years. Great opportunity! Property is zoned C-3and is 1.87 acres with 225 ft frontage on Front Beach. Close to new PCB Sports Complex. Site can also be used for retail and would also lend itself for redevelopment as hotel/motel space. 52000 traffic count. Building has been well maintained for future owners. the sale includes two parcels 27874-010-000 and 27874-015-000
Status Change Info
Sold Price/SqFt: 232.44
Sold Price/Acre: 1016042.78
Status: Sold
Under Contract Date: 2023-11-15
Sold Date: 2024-02-26
Sold Price: $1,900,000
Construction/Siding
Block: 1
Brick: 1
Floor - Tile: 1
Roof - Metal: 1
Energy
AC - 2 or More: 1
AC - Central Elect: 1
Tinted Windows: 1
Water Heater - Gas: 1
Financing
Cash: 1
Conventional: 1
Utilities
All Maintenance: 1
Electricity - Connected: 1
Garbage: 1
Natural Gas - Connected: 1
Pest Control: 1
Public Sewer - Connected: 1
Water Connected: 1
Yard Maintenance: 1
Accessibility Features
Accessible Approach with Ramp: 1
Business/Property
Bus Est Five or More Yrs: 1
Freestanding Building: 1
Furnished - All: 1
Handicapped Access: 1
Handicapped Facilities: 1
Kitchen Area: 1
License - Beer & Wine: 1
Office Area: 1
Restrooms - Public: 1
Seating 200+: 1
Sign: 1
Floors in Unit/Home
One: 1
Heating/Cooling
AC - Central: 1
AC - Office: 1
Hotel/Motel
Year Built: 1984
Building SqFt: 8174
Land
Property Type: Commercial
Transport. Access
4-Lane: 1
Property Features
Accessibility Features: Accessible Approach with Ramp
Energy: AC - 2 or More; AC - Central Elect; Tinted Windows; Water Heater - Gas
Financing: Cash; Conventional
Utilities: All Maintenance; Electricity - Connected; Garbage; Natural Gas - Connected; Pest Control; Public Sewer - Connected; Water Connected; Yard Maintenance
Listing Office: Hilltop Legacy Realty
Last Updated: October - 04 - 2024
Information deemed reliable but not guaranteed.