Conventional Restaurant

Panacea, FL Conventional Restaurants for Sale

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Alligator Point, FL Crawfordville, FL St Teresa, FL Sopchoppy, FL Carrabelle, FL Lanark Village, FL Saint Marks, FL
Mixed-Use Commercial Property
Updated: Sep 22
Mixed-Use Commercial Property

1629 Coastal Highway, Panacea, FL 32346

$265,000
0.80 AC lot
0.8‑acre mixed‑use commercial property on Coastal Highway/US‑98
Commercial kitchen with stainless equipment
Updated electrical, plumbing, and septic systems
Additional parcel #13‑5s‑02w‑000‑02780‑a46 included
Paved parking and views toward Dickerson Bay
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Bay-View Restaurant Property
Updated: Jul 9, 2020
Bay-View Restaurant Property

1629 Coastal Hwy, Panacea, FL 32346

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6,000 sqft 0.95 AC lot
6,000‑square‑foot building on 0.95 acres
250 feet of Highway frontage with a bay view
Commercial stainless steel equipment conveys
New plumbing, electrical, Hardie siding, sump pump, fixtures, and fresh paint
Metal roof and extensive parking
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Panacea, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding IHOP Restaurant
Freestanding IHOP Restaurant

2840 Apalachee Pkwy, Tallahassee, FL 32301

$2,525,000
3,996 sqft

Absolute NNN restaurant leased to a franchised IHOP operator with renewal options and annual rent increases.

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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

Eastpoint, FL 32328

$1,349,000
3,648 sqft

Restaurant and bar space pairs with two upper-level apartments and nine additional lots near the Gulf of Mexico.

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Freestanding Restaurant Building
Freestanding Restaurant Building

1911 S Adams St, Tallahassee, FL 32301

$399,000
2,140 sqft

Free-standing 2,140 sf restaurant in a high-traffic SoMo district location across from a university.

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Bar Property with Rear Storage
Bar Property with Rear Storage

447 Us Highway 98, Eastpoint, FL 32328

Contact for pricing
2,000 sqft

Hospitality-oriented commercial space with water views, kitchen facilities, refrigeration, and a separate storage area.

View details

Panacea, FL Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Panacea, FL on our real estate platform. These investment opportunities span a total of 6,000 square feet of properties for sale, with an estimated market value of $265,000.

Sale prices for conventional restaurants in Panacea, FL average $265,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 2
Bars & Pubs 1

Demographics Overview

Population 2,393
Population Growth (5Y) +35.3%
Median Household Income $58,382
College Educated 37.7%

High-Yield Neighborhoods for Investment

Identify Panacea submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
32346 $265K

Taxes & Financing

Tax Rate (average for all types) 1.58%
Property Tax per SF $34.95 per SF
Tax Rate vs County Average 0.24 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wakulla County

New Delisted

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