532 N Tyndall Parkway, Panama City, FL 32404

$1,400,000
Property Type: Commercial for Sale Square Footage: 8,302 Lot Size (sq. ft.): 135,036 Status: Sold
Current Price: $1,675,000 List Date: 3/07/2019 Last Modified: 10/04/2024

Description

Turnkey Restaurant opportunity in Panana City (Callaway). The property consists of an 8,302 square foot resaurant facility, formally a Sonny’s franchised restaurant. The franchise does not go with the sale. The restaurant has seating for 211 people and has a seperate Bar and Banquet facilities. The building sits on 3.104 acres. The building did receive some minor damage from the storm but is insured and all damage will be repaired. DRASTIC PRICE REDUCTION, Reduced $200,000.

More Information MLS# 681084

Contract Info

List Price/SqFt: 201.76 List Date: 2019-03-07 List Price: $1,675,000 Current Price: $1,400,000 Sub-Type: Other

Location

Sub Area: 0202 – Bay – Central SE Community/Resort: None Waterfront: No Elementary School: Parker Middle School: Everitt High School: Rutherford Section: 7 Directions: From Panama City going East on Hwy 98 or Tyndall Parkway, the property will be on the left side of the road at 532 Tyndall Parkway North. Sign on the property. Township: 4S Range: 13W Area: 02 – Bay County – Central Street #: 532 Street Direction: N Street Name: Tyndall Street Suffix: Parkway State: FL Zip Code: 32404 County: Bay Subdivision: St. Andrews Bay Dev. Co. Parcel ID: 06257-000-000 Legal Description: 7 4S 13W -190- 131C2 ST AND BAY DEV CO PLAT BEG NE COR OF LOT 24 TH RUN S 323.23′ TH W 618.08′ TO EAST R/W LINE OF TYMDALL PKWY TH N ALONG R/W 261.89′ TO POINT 66′ FROM N LINE OF LOT 24 TH RUN E 420.79′ TH N 66′ TO THE N LINE OF LOT 24 TH E 200′ TO POB LESS PRCL ORB 3616 P 1748

General Property Info

List Class: Bar/Restaurant Site Dimensions: 220 x 585 Acreage: 3.1 Immediate Occupancy: Yes Construction Status: Construction Complete SqFt Unit: 8302 Frontage Ft: 220 SqFt Tot Bldg: 8302 Lot Depth: 585 Year Built: 2000

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: Turnkey Restaurant opportunity in Panana City (Callaway). The property consists of an 8,302 square foot resaurant facility, formally a Sonny’s franchised restaurant. The franchise does not go with the sale. The restaurant has seating for 211 people and has a seperate Bar and Banquet facilities. The building sits on 3.104 acres. The building did receive some minor damage from the storm but is insured and all damage will be repaired. DRASTIC PRICE REDUCTION, Reduced $200,000.

Status Change Info

Sold Price/SqFt: 168.63 Sold Price/Acre: 451612.9 Status: Sold Under Contract Date: 2020-03-08 Sold Date: 2020-10-15 Sold Price: $1,400,000

Financing

Conventional: 1

Present Zoning

Commercial: 1

Utilities

All Utilities: 1

Sale Type

As Is: 1

Business Only

Year Built: 20000 Building SqFt: 8302

Business/Property

Freestanding Building: 1 Furnished – All: 1 Handicapped Access: 1 Kitchen Area: 1 Office Area: 1 Seating 200+: 1

Floors in Unit/Home

One: 1

Heating/Cooling

AC – Central: 1 AC – Entire: 1 Exhaust Fan: 1 Heat – Central Electric: 1

Pricing Type

Sale Price: 1

Transport. Access

4-Lane: 1 Divided Highway: 1 Median Cut: 1

Property Features

Financing: Conventional Pricing Type: Sale Price Present Zoning: Commercial Sale Type: As Is Utilities: All Utilities
Listing Office: NAI TALCOR
Last Updated: October – 04 – 2024
Information deemed reliable but not guaranteed.