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Investment Highlights
- Turnkey restaurant operation with diversified income streams
- Complete equipment package with walk-in cooler, freezers, and modern kitchen assets
- Two exterior storage buildings and ample on-site parking
- Highway 77 location with expanding traffic and nearby residential growth
- Bar area with large-screen TV for added customer draw
Executive Summary
This commercial property beside the booming subdivision of Sunny Hills is ready for your business. It is located on Hwy 77 and about 30 minutes to Panama City and about 40 minutes to the World's Most Beautiful Beaches of Panama City Beach. The property includes a 9x6 walk-in cooler, four deep freezers, two standup refrigerators, one standup freezer, two standup coolers, deep chest, two sliding door cooler, two-door oven with griddle and six eyes on top , three 75lb deep fryers, one large griddle, four full-pan steam table, one large gas fed smoker, three booths, four tables and chairs, all bar stools, two televisions (one in bar area and one in the office), two door blowers to keep out insects, and free fast internet. Also included is one 12x32 outbuilding. Sellers will leave a second 12x32 building for an additional $9,000. The business has a current beer and wine license. Other streams of income comes from being a U-Haul rental location, a retail convenience area as well as offering consignment products. The new construction homes in the neighborhood are quickly selling which is providing more potential customers as well as growing traffic along Highway 77. Sunny Hills water service is about $150 monthly, and there is a private septic system and a grease trap. There are about 26 parking spaces. The kitchen has a tankless water heater and bathrooms have a traditional electric water heater. Seller owns the propane tank. Seller is retiring due to health issues.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,682 SF
Building Class
C
Year Built
2016
Price
$485,615 CAD
Price Per SF
$181.06 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.03 AC
Parking
26 Spaces (9.69 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 00000000-00-3390-0240 | Improvements Assessment | $133,427 CAD |
| Land Assessment | $27,749 CAD | Total Assessment | $161,177 CAD |
Property Taxes
Parcel Number
00000000-00-3390-0240
Land Assessment
$27,749 CAD
Improvements Assessment
$133,427 CAD
Total Assessment
$161,177 CAD
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5163 Florida 77
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