$449,900
Panama City, FL 32401
MLS# 789848
2096 sqft
1 / 14
Property Description
Established restaurant opportunity in the heart of the Downtown Cove area! This 52-seat restaurant is fully equipped and ready for its next owner. The sale includes the real property along with all interior furnishings, fixtures, equipment, and kitchen inventory, offering a true turnkey opportunity. Currently operating as a successful Thai restaurant, the flexible layout and existing wine and beer license make it ideal for a variety of restaurant concepts, café, bistro, or specialty dining experiences. Prime downtown location with excellent visibility, established infrastructure, and endless potential for an owner-operator or investor looking to bring a new vision to a thriving area.
Details
Maps
Contract Info
List Price/SqFt: 214.65
List Date: 2026-05-14
List Price: $449,900
Current Price: $449,900
Sub-Type: Income Producing
Location
Sub Area: 0203 - Bay - Central SW
Community/Resort: None
Waterfront: No
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: COVE BLVD. SOUTH TO CHERRY STREET. GO WEST ON CHERRY TO HAPPY COAT ON THE RIGHT. OR TAKE BEACH DR. TO CHERRY ST, GO EAST, RESTAURANT ON THE LEFT.
Area: 02 - Bay County - Central
Street #: 301
Street Name: Cherry
Street Suffix: Street
State: FL
Zip Code: 32401
County: Bay
Subdivision: [No Recorded Subdiv]
Parcel ID: 20325-000-000
Legal Description: HARMON PLAT LOT 5 LESS E 111.75' BLK 9 ORB 3033 P 1444 MAP 105C3
General Property Info
List Class: Bar/Restaurant
Acreage: 0.15
Construction Status: Construction Complete
SqFt Tot Bldg: 2096
Year Built: 1964
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: Established restaurant opportunity in the heart of the Downtown Cove area! This 52-seat restaurant is fully equipped and ready for its next owner. The sale includes the real property along with all interior furnishings, fixtures, equipment, and kitchen inventory, offering a true turnkey opportunity. Currently operating as a successful Thai restaurant, the flexible layout and existing wine and beer license make it ideal for a variety of restaurant concepts, café, bistro, or specialty dining experiences. Prime downtown location with excellent visibility, established infrastructure, and endless potential for an owner-operator or investor looking to bring a new vision to a thriving area.
Financing
Cash: 1
Conventional: 1
Accessibility Features
Accessible Approach with Ramp: 1
Sale Type
As Is: 1
Business/Property
Furnished - All: 1
Handicapped Access: 1
Kitchen Area: 1
License - Beer & Wine: 1
Restrooms - Private: 1
Floors in Unit/Home
One: 1
Offering Type
Real Estate: 1
Sale Only: 1
Status Change Info
Status: Active
Property Features
Accessibility Features: Accessible Approach with Ramp
Financing: Cash; Conventional
Offering Type: Real Estate; Sale Only
Sale Type: As Is
Listing Office: CENTURY 21 Commander Realty
Last Updated: May - 14 - 2026
Information deemed reliable but not guaranteed.