Established Restaurant with Multiple
5163 Highway 77 Chipley, FL 32428
5163 Highway 77, Chipley, FL, 32428
$350,000
Pending
For Sale
$350,000
Pending
Family-owned restaurant with diverse income streams on Highway 77.
Property Size2,682 SF
Lot Size1.03 Acres
Days on Market163
Property Features for 5163 Highway 77
General Information
- Standard status
- Pending
- Size
- 2,682 SF
- Lot size
- 1.03 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2016
Listing Agency
COUNTS REAL ESTATE GROUP
(850) 248-3615
Listed by
HARVEY B WEBB · License #3290471
Source
Corcoran
Added: Feb 8 Updated: Jul 10 at 12:54 pm Checked: Jul 20 at 3:59 am
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 COUNTS REAL ESTATE GROUP
Investment Insights
Based on property information with market context.
This family-owned restaurant, known as Gigi's, offers country cooking in a friendly atmosphere. Situated on Highway 77, it features a beer and wine license, along with multiple income streams, including a U-Haul rental location, Florida Lotto sales, a retail convenience area, and consignment items from local vendors. The property also includes a bar area equipped with a big screen TV for sports viewing. Included in the sale are a 9x6 walk-in cooler, all freezers and refrigerators, and modern kitchen equipment, plus tables, chairs, bar stools, and booths. There are two coolers and five freezers on site. Two storage buildings located outside will remain with the property. The site is serviced by Sunny Hills water, costing approximately $150 monthly, a private septic system, and a grease trap. Parking is available with approximately 26 spaces. The kitchen is equipped with a tankless water heater, while the bathrooms have a traditional electric water heater. New construction homes in the neighboring Sunny Hills area are selling quickly, potentially increasing the customer base and traffic along Highway 77.
Key Highlights
- Multiple income streams: restaurant, U‑Haul rental, Florida Lotto, retail convenience, and consignment items.
- Includes all restaurant equipment: walk‑in cooler, freezers, refrigerators, modern kitchen equipment, tables, chairs, bar stools, and booths.
- Located on Highway 77 with high visibility and traffic.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Family-owned restaurant with diverse income streams on Highway 77.
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: Multiple income streams: restaurant, U‑Haul rental, Florida Lotto, retail convenience, and consignment items.; Includes all restaurant equipment: walk‑in cooler, freezers, refrigerators, modern kitchen equipment, tables, chairs, bar stools, and booths.; Located on Highway 77 with high visibility and traffic.