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337 S US Highway 17 5,260 SF 100% Leased Retail Building East Palatka, FL 32131 $5,386,680 CAD ($1,024.08 CAD/SF)
Executive Summary
Dream of owning the oldest bar in Putnam County? Here's your chance to make it a reality! This community gathering spot dates back to the 1930's and is considered a cherished institution in the heart of Putnam County. The Cheyenne Saloon is known for the best Teriyaki Chicken wings in town and is now available for purchase as a turnkey operation. Situated in a prime location along Highway 17 in East Palatka on 1.72 acres of prime commercial property, this iconic building offers 5,260 square feet of versatile operating space. The property includes a fully equipped kitchen, ample storage for inventory, a gift shop and plenty of parking to accommodate guests. Inside, you'll find a spacious layout complete with pool tables, perfect for entertainment and social gatherings. 22 tables for seating with a 225-seating capacity. Drive thru window for food and alcohol sales as this establishment has a 5COP liquor license. The license also allows for offsite catering opportunities.
Step outside, and you'll discover a fantastic outdoor area featuring a dedicated entertainment space, ideal for showcasing local talents and hosting events. The Cheyenne is a very popular stop during Bike Week, Biketober Fest and for the locals that just enjoy eating and gathering here. Not only is this business a beloved community staple, but it is also a rare opportunity for a new owner to step into success with a proven formula. Don't miss this chance to own a piece of Putnam County's history and carry on the legacy that has been here for so many years!
Step outside, and you'll discover a fantastic outdoor area featuring a dedicated entertainment space, ideal for showcasing local talents and hosting events. The Cheyenne is a very popular stop during Bike Week, Biketober Fest and for the locals that just enjoy eating and gathering here. Not only is this business a beloved community staple, but it is also a rare opportunity for a new owner to step into success with a proven formula. Don't miss this chance to own a piece of Putnam County's history and carry on the legacy that has been here for so many years!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
5,260 SF
Building Class
B
Year Built
1900
Price
$5,386,680 CAD
Price Per SF
$1,024.08 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.16
Lot Size
0.74 AC
Frontage
111’ on U.S. 17
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 39-10-27-7750-0050-0010 | Improvements Assessment | $299,596 CAD |
| Land Assessment | $93,355 CAD | Total Assessment | $392,951 CAD |
Property Taxes
Parcel Number
39-10-27-7750-0050-0010
Land Assessment
$93,355 CAD
Improvements Assessment
$299,596 CAD
Total Assessment
$392,951 CAD
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337 S US Highway 17
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