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Turn-Key Restaurant Opportunity
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555 Scenic Highway, Pensacola, FL 32503

Fully renovated restaurant with liquor license and outdoor event space.

Property Size2,868 SF
Price / SF$566.60
Days on Market675

Property Features for 555 Scenic Highway

General Information

Standard status Active
Size 2,868 SF
Class B
Property subtype Retail
Zoning R-NC

Building Details

Year Built 1955
Listing Agency: NAI Pensacola
Listed By: Cameron Cauley · License #FL 3284874
Source: Crexi
Added: Oct 7, 2024 Changed: Aug 8 Last Checked: May 12 at 10:51PM

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 NAI Pensacola

Investment Insights

Based on property information with market context.

The Agapi Bistro and Garden is a full-service restaurant encompassing 2,865 square feet. The property includes dining areas, event spaces, a full bar with a liquor license for on-site consumption, and a commercial kitchen with preparation zones and cooking stations. The building has undergone a complete renovation, featuring upgrades throughout. A new roof was installed in 2020, and a 7.5-ton HVAC system was added in 2024. Both indoor and outdoor fans have been incorporated. The parking lot has been seal-coated and re-striped. The building also features a drive-thru window. The rear outdoor area is fully covered and includes a green space, suitable for gatherings and frequently used for private events, special occasions, wine tastings, and themed dinners. The venue is equipped with outdoor cooking facilities, a wet counter, a champagne wall, a designated photo area, and a dance floor. Agapi Bistro has a wine club with more than 100 paid members. The restaurant is strategically located on Scenic Highway, offering visibility, ample parking, and access from two streets at the corner location of Scenic Highway and DeSoto Street. The current owner desires to retire. The restaurant does not currently offer a lunch service and is closed on Sunday and Monday, presenting an opportunity to enhance revenue by extending hours.

Key Highlights

  • Thriving, fully renovated, turn‑key full‑service restaurant with consistent sales and increasing cash flow.
  • Includes a liquor license, full bar, and commercial kitchen.
  • Prime corner location on busy Scenic Highway with excellent visibility and ample parking.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Law Firm Hair Salon

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

Location Intelligence

Trade Area within ½ mile

238
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 90% Dining 10%
Circle K Shops & Services
12,812 visits/mo 0.2 miles
Domino's Pizza Dining
1,408 visits/mo 0.2 miles

Demographics for 32503, FL

33,693
Population
14,419
Households
2.3
Avg Household Size
36
Median Age
41%
College-Educated
94%
High-School Grad
12.6 sq mi
ZIP Area
2,674
Density / Sq Mi
$67,654
Median Household Income
$32,077
Median Earnings
$1,226
Median Rent
$270,500
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 - Fully renovated restaurant with liquor license and outdoor event space.
Where is this conventional restaurant located?
The property is located at 555 Scenic Highway Pensacola, FL.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: Thriving, fully renovated, turn‑key full‑service restaurant with consistent sales and increasing cash flow.; Includes a liquor license, full bar, and commercial kitchen.; Prime corner location on busy Scenic Highway with excellent visibility and ample parking.
(850) 433-0577 Call to check price and availability
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