Conventional Restaurant

Panama City, FL Conventional Restaurants for Sale

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Rooftop Restaurant Space
Updated: Aug 18
Rooftop Restaurant Space

436 Harrison Avenue, Panama City, FL 32401

$1,100,000
26,400 sqft 0.15 AC lot
Approximately 6,000 square feet of rooftop space
Two staircases and one elevator provide rooftop access
Poured‑concrete construction from foundation through roof
Additional steel reinforcement has been added to the structure
Major restaurant, bar, and residential‑use utilities are stubbed to the roof
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Rooftop Restaurant Development Opportunity
Updated: Aug 20
Rooftop Restaurant Development Opportunity

436 Harrison Avenue #400, Panama City, FL 32401

$1,100,000
6,000 sqft
Approximately 6,000‑square‑foot rooftop available for restaurant or bar development
Poured‑concrete construction with additional steel reinforcement installed in recent years
Access includes two staircases and one elevator
Structure designed to support multiple stories, including potential residential units above
Major restaurant, bar, and residential utilities are stubbed to the rooftop
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Rooftop Restaurant Development Site
Rooftop Restaurant Development Site

436 Harrison Avenue, Panama City, FL 32401

$1,100,000
6,000 sqft

Rooftop development area with utility connections, vertical access, and room for a custom restaurant concept.

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See what stands out in Bay County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Elevated Rooftop Restaurant Space
Elevated Rooftop Restaurant Space

400-436 Harrison Ave, Panama City, FL 32401

$1,100,000
6,000 sqft

Poured-concrete construction, vertical access, and rooftop utility connections support a distinctive downtown dining concept.

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Historic Conventional Restaurant
Historic Conventional Restaurant

2117 E 3rd Street, Panama City, FL 32401

$350,000
1,918 sqft

Mixed-use zoning supports restaurant and bar operations with indoor seating and an outdoor gathering area.

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Versatile Commercial Building For Sale
Versatile Commercial Building For Sale

2209 Thomas Drive, Panama City, FL 32408

$1,490,000
2,430 sqft

Former bank building suitable for office, restaurant, or retail.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Turnkey 52-Seat Restaurant
Turnkey 52-Seat Restaurant

301 Cherry Street, Panama City, FL 32401

$449,900
2,096 sqft

Turnkey 52-seat restaurant sale includes furnishings, fixtures, equipment, and kitchen inventory with wine and beer license.

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Commercial Sale
Commercial Sale

9860 S Thomas Drive R-11, Panama City, FL 32408

$305,865
1,001 sqft

Conventional restaurants · 1,001 SF

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First-Floor Retail & Restaurant Condo
First-Floor Retail & Restaurant Condo

100-436 Harrison Ave, Panama City, FL 32401

$1,200,000

First-floor commercial condo in The Mashburn Building with retail and restaurant use, under construction in downtown Panama City.

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NNN KFC with Drive-Up Window
NNN KFC with Drive-Up Window

427 S. Tyndall Parkway, Panama City, FL 32404

Contact for pricing

Fee simple absolute net leased KFC includes a drive-up window and direct exposure along South Tyndall Parkway.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 10 Active listings in Panama City, 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.

Equipped Highway Restaurant
Equipped Highway Restaurant

5163 Highway 77, Chipley, FL 32428

$350,000
2,682 sqft 1.03 AC lot

Freestanding restaurant with commercial kitchen equipment, customer seating, convenience retail, and supplemental operating uses.

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Established Restaurant with Multiple Income
Established Restaurant with Multiple Income

5163 Highway 77, Chipley, FL 32428

$350,000
2,682 sqft 1.03 AC lot

Family-owned restaurant with diverse income streams on Highway 77.

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Panama City Beach Landmark Restaurant
Panama City Beach Landmark Restaurant

7724 Front Beach Road, Panama City Beach, FL 32407

$1,875,000
9,113 sqft 1.75 AC lot

1.75 acre Panama City Beach restaurant with commercial zoning.

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Restaurant Retail Unit with Dual Entrances
Restaurant Retail Unit with Dual Entrances

R-11-9860 S Thomas Dr, Panama City Beach, FL 32408

$305,865

Retail unit operating as a restaurant with two entrances facing Thomas Drive and the lake, plus on-site parking.

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Panama City, FL Conventional Restaurants Market Trends and Statistics

Explore 10 conventional restaurants for sale in Panama City, FL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 51,845 square feet of properties for sale, with an estimated market value of $8,195,765.

Sale prices for conventional restaurants in Panama City, FL start at $305,865, averaging $910,640, and reaching up to $1,490,000 — 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 12
Bars & Pubs 10
Drive through restaurants 4
Coffee shops 3
Breakfast & diners 1

Demographics Overview

Population 154K
Population Growth (5Y) +1,132.7%
Median Household Income $71,237
College Educated 29.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
32408 $897.9K
32401 $928.6K

Taxes & Financing

Tax Rate (average for all types) 1.42%
Property Tax per SF $28.37 per SF
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Bay County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Bay County

Retail

Residential Income

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