$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 Date: 2023-02-07
List Price: $2,300,000
List Price/SqFt: 281.38
Current Price: $1,900,000
Sub-Type: Retail
Location
Area: 03 - Bay County - Beach
Street #: 7715
Street Name: Front Beach
Street Suffix: Road
State: FL
Zip Code: 32407
County: Bay
Sub Area: 0320 - Beach - Middle Central
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: No
Parcel ID: 27874-010-000
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.
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
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Unit: 8174
Acreage: 1.87
Frontage Ft: 225
Lot SqFt: 81680
SqFt HVAC: 8174
SqFt Retail: 10100
SqFt Tot Bldg: 8174
Year Built: 1986
Status Change Info
Status: Sold
Under Contract Date: 2023-11-15
Sold Date: 2024-02-26
Sold Price: $1,900,000
Sold Price/SqFt: 232.44
Sold Price/Acre: 1016042.78
Land
Property Type: Commercial
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.