Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    555 Scenic Hwy Pensacola, FL 32503

    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    $1,950,000

    Profitable Restaurant & Catering Complex For Sale

    Property size:
    5,832 SF

    Description

    Added:
    Feb 10, 2025
    Days on Market:
    330
    This exceptional opportunity encompasses a thriving restaurant and catering business in Pensacola, FL. Agapi Bistro & Garden, a fully operational establishment, generated $1,372,000 in sales (9/2024), while Nancy's Catering contributed $458,000. The sale includes both properties, all buildings, furniture, fixtures, and equipment (FF&E). Agapi Bistro, located at 555 Scenic Hwy, is a 2,865 sq ft restaurant with a full bar, commercial kitchen, and outdoor event space. Recent renovations include a new roof (2020), a 7.5-ton HVAC system (2024), and a seal-coated parking lot. The adjacent Nancy's Catering and Events building at 3206 DeSoto St. is a 2,964 sq ft metal building (2014) with an 18-foot ceiling, a 532 sq ft mezzanine, and ample storage. This turnkey operation also includes a delivery van, box truck, and catering supplies for up to 400 guests. The business boasts a 11.5% CAP rate and a net operating income (NOI) of $225,000, with potential for increased revenue through adding lunch service. Owner financing may be available for qualified buyers. This is a rare opportunity to acquire a well-established, profitable business with significant upside potential.

    Property Features for 555 Scenic Hwy

    General Information

    Property type
    Restaurants
    Square Feet
    5,832 SF
    Price / Square Foot
    $334
    Total Parking Spaces
    40
    Elevators
    N/A
    Net Rentable
    5,832 SF
    Lot Size
    16,852 SF

    Building Details

    Year Built
    1966
    Buildings
    2
    Stories
    1

    HighLights

    • Prime Pensacola location with 5,832 sq ft building, including a fully operational restaurant and catering business.
    • $1,830,000 in combined 2024 sales (restaurant and catering) and potential for owner financing.
    • Includes all FF&E, a delivery van, box truck, and catering supplies for up to 400 guests.
    Location Intelligence

    Current Use by Public Records

    Agapi Bistro + Garden Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    State
    Florida
    Longitude
    -87.178441
    Latitude
    30.426783

    Nearby Similar for Sale

    • $950,000

      Turnkey Income Property in Pensacola

      Fully functioning 6-unit income property with high-yield potential.
      2001 N 61St Ave, Pensacola, FL 32506
      View Details
    • $359,900

      Pensacola Duplex with Inground Pool

      Duplex in Pensacola, FL, featuring an inground saltwater pool.
      3781 Nobles St, Pensacola, FL 32514
      View Details
    • New
      $369,900
      2,115 SF

      Renovated Duplex in Pensacola, FL

      Fully renovated duplex, ideal for owner-occupant or investor.
      5149 Crestwood Rd, Pensacola, FL 32503
      View Details
    • $725,000

      Historic Downtown Pensacola Quadruplex

      Income-producing, furnished quadruplex in Pensacola's historic Old East Hill.
      522 N 7Th Ave, Pensacola, FL 32501
      View Details
    • $590,000
      2,380 SF

      Pensacola Single-Story Home with Pond View

      Four-bedroom home in maritime community with pond and marina access.
      4003 Indigo Dr, Pensacola, FL 32507
      View Details
    • New
      $599,900
      2,440 SF

      Luxury Duplex Near Pristine Beaches

      Luxury duplex investment property with high-end finishes and furnishings.
      14013 Innerarity Point Rd, Pensacola, FL 32507
      View Details
    • $799,999

      Restored Quadruplex in Old East Hill

      Restored multi-unit property with income potential in Old East Hill.
      600 E Jackson St, Pensacola, FL 32501
      View Details
    • $223,900

      Pensacola Duplex Investment Opportunity

      Two homes on one parcel in Myrtle Grove, Pensacola.
      907 N 57Th Ave, Pensacola, FL 32506
      View Details
    • $795,000
      0.19 Acres

      Updated Triplex in Historic North Hill

      Updated triplex near downtown Pensacola, ideal for investors or owner-occupiers.
      4 W De Soto St, Pensacola, FL 32501
      View Details
    • $795,000

      Pensacola Duplex with Converted Garage

      Updated duplex with converted garage near downtown Pensacola.
      4 W De Soto St, Pensacola, FL 32501
      View Details
    • $325,000
      2,154 SF

      Pensacola Multi-Property Near Gulf

      Multi-property on 4.2 acres near the Gulf Coast.
      8300 Gulf Beach Hwy, Pensacola, FL 32507
      View Details
    • $550,000

      New Pensacola Duplex with Income

      New construction duplex in Pensacola with tenant-occupied unit.
      2805 N V St, Pensacola, FL 32505
      View Details

    FAQs

    What type of property is this?
    Restaurant - Profitable Restaurant & Catering Complex For Sale
    Where is this restaurant located?
    The property is located at 555 Scenic Hwy Pensacola, FL.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: Prime Pensacola location with 5,832 sq ft building, including a fully operational restaurant and catering business.; $1,830,000 in combined 2024 sales (restaurant and catering) and potential for owner financing.; Includes all FF&E, a delivery van, box truck, and catering supplies for up to 400 guests.
    (850) 564-0120
    Request Owner's contact information
    555 Scenic Hwy Pensacola, FL 32503
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    555 Scenic Hwy
    Pensacola, FL 32503
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    555 Scenic Hwy Pensacola, FL 32503
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.