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Restaurant Building with Kitchen and Bar
For Sale
Contact for pricing
Pending

1637 Hwy 98 W, Carrabelle, FL 32322

Existing dining and service areas provide a functional starting point for a restaurant or another business use.

Property SizeContact for details
Days on Market142

Property Features for 1637 Hwy 98 W

General Information

Standard status Pending
Property subtype Retail

Property Condition

Severity Repairs Needed
Evidence fixer upper

Additional Details

Furnished Yes
Highway Access Yes
Equipment Included No
Listing Agency: Coastal Realty Group-Carrabelle
Listed By: Kathy Frink · License #FL
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 4:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coastal Realty Group-Carrabelle

Investment Insights

Based on property information with market context.

The property is an existing restaurant building at 1637 Hwy 98 W in Carrabelle. Interior improvements include a kitchen, bar area, spacious dining room, two restrooms, and partial furnishings. The sale is offered as-is, and no equipment is guaranteed.

The building sits on Hwy 98 between downtown Carrabelle and Carrabelle Beach, with exposure to coastal travelers. Parking is available at both the front and rear of the building. While configured for restaurant operations, the property may also accommodate another business use.

Key Highlights

  • Kitchen, bar area, and large dining room
  • Two restrooms included in the building layout
  • Parking available at the front and rear

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Garden Center Dental Office Barber Shop Grocery & Convenience Store (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby
Well-served
Demand for This Use

Demographics for 32322, FL

4,213
Population
2,258
Households
1.9
Avg Household Size
48
Median Age
16%
College-Educated
75%
High-School Grad
75.4 sq mi
ZIP Area
56
Density / Sq Mi
$58,030
Median Household Income
$28,250
Median Earnings
$1,231
Median Rent
$213,100
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing dining and service areas provide a functional starting point for a restaurant or another business use.
Where is this conventional restaurant located?
The property is located at 1637 Hwy 98 W Carrabelle, FL.
What are key features of this property?
This property features: Kitchen, bar area, and large dining room; Two restrooms included in the building layout; Parking available at the front and rear
More about this property
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