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Equipped Highway Restaurant
For Sale
$350,000

5163 Highway 77, Chipley, FL 32428

CommercialSale, Chipley, FL

Property Size2,682 SF
Lot Size1.03 Acres
Price / SF$130.50
Days on Market209

Property Features for 5163 Highway 77

General Information

Property type Commercial Sale
Property subtype Other
Subdivision [No Recorded Subdiv]
Lot features Level
Directions From Panama City, go north on Hwy 77, cross Hwy 20, continue north about 6 miles to restaurant on right just before entrance to growing Sunny Hills subdivison.
Standard status Active
APN 00000000-00-3390-0240
Size 2,682 SF
Lot size 1.03 Acres

Taxes and HOA fees

Tax Description 33 2 14 1.03 ORB 1200 P 388 LOT 40 DEER RUN RANCHETTES LESS LEGL DESC IN ORB 1031 P 578 FOR STATE R/W
Legal Description 33 2 14 1.03 ORB 1200 P 388 LOT 40 DEER RUN RANCHETTES LESS LEGL DESC IN ORB 1031 P 578 FOR STATE R/W

Utilities

Heating system Central, Electric (Heating)
Cooling system Ceiling Fan(s), Central Air

Building Details

Year built 2016
Floors in Building 1
Flooring type Concrete
Building materials MetalSiding
Roof type Metal
Additional Structures Outbuilding
Listing Agency: Counts Real Estate Group
Listed By: Harvey B Webb · License #3290471
Added: Feb 7 Changed: Sep 3 Last Checked: Sep 4 at 4:06PM
MLS# 784896

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,682-square-foot restaurant property sits on 1.03 acres along Highway 77 in Chipley. Built in 2016 with metal siding, a metal roof, and concrete flooring, the building includes a commercial kitchen equipped with a walk-in cooler, multiple freezers and coolers, ovens, fryers, a griddle, steam tables, and a gas smoker. Dining and service furnishings include booths, tables, chairs, bar stools, and televisions. The property also has central heating and cooling, ceiling fans, private septic, a grease trap, a tankless kitchen water heater, and a separately owned propane tank.

The site provides approximately 26 parking spaces and includes one 12x32 outbuilding. A second 12x32 building is available separately. Existing operations include a retail convenience area, consignment products, and a U-Haul rental location, with a current beer and wine license. The property is beside the Sunny Hills subdivision and approximately 30 minutes from Panama City and 40 minutes from Panama City Beach.

Key Highlights

  • 2,682‑square‑foot restaurant on 1.03 acres along Highway 77
  • Built in 2016 with metal siding, metal roof, and concrete flooring
  • Commercial kitchen includes a 9x6 walk‑in cooler, four deep freezers, fryers, griddle, steam tables, and smoker

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Big Box & Wholesale Store Restaurant Car Rental Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Yes
Grease trap

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
U-Haul Shops & Services
1,947 visits/mo 0.1 miles

Demographics for 32428, FL

17,946
Population
7,475
Households
2.4
Avg Household Size
42
Median Age
13%
College-Educated
83%
High-School Grad
285.9 sq mi
ZIP Area
63
Density / Sq Mi
$52,234
Median Household Income
$34,395
Median Earnings
$896
Median Rent
$157,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Freestanding restaurant with commercial kitchen equipment, customer seating, convenience retail, and supplemental operating uses.
Where is this conventional restaurant located?
The property is located at 5163 Highway 77 Chipley, FL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 2,682‑square‑foot restaurant on 1.03 acres along Highway 77; Built in 2016 with metal siding, metal roof, and concrete flooring; Commercial kitchen includes a 9x6 walk‑in cooler, four deep freezers, fryers, griddle, steam tables, and smoker
More about this property
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