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Freestanding Restaurant with Convenience Retail
For Sale
$350,000
Pending

5163 Highway 77, Chipley, FL 32428

CommercialSale, Chipley, FL

Property Size2,682 SF
Lot Size1.03 Acres
Days on Market196

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

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: Aug 19 Last Checked: Aug 22 at 8:06AM
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 on 1.03 acres includes a commercial kitchen, dining and bar furnishings, and a convenience retail area. Equipment conveys with the property, including a 9x6 walk-in cooler, four deep freezers, multiple refrigerators and coolers, a two-door oven with griddle, three 75lb deep fryers, a large griddle, a four-pan steam table, and a gas-fed smoker. The property also includes a 12x32 outbuilding, approximately 26 parking spaces, a private septic system, grease trap, tankless kitchen water heater, and seller-owned propane tank. Built in 2016, the building has metal siding, a metal roof, concrete flooring, electric central heating, and ceiling fan cooling.

Located along Highway 77 beside the Sunny Hills subdivision, the property is approximately 30 minutes from Panama City and approximately 40 minutes from Panama City Beach. Existing operations include a U-Haul rental location, consignment products, and a current beer and wine license. A second 12x32 building is available separately for an additional $9,000.

Key Highlights

  • 2,682 SF restaurant property on 1.03 acres
  • Located on Highway 77 beside the Sunny Hills subdivision
  • Commercial kitchen includes a 9x6 walk‑in cooler and extensive cooking equipment

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property with commercial kitchen equipment, convenience retail operations, and Highway 77 access.
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 SF restaurant property on 1.03 acres; Located on Highway 77 beside the Sunny Hills subdivision; Commercial kitchen includes a 9x6 walk‑in cooler and extensive cooking equipment
More about this property
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