Live the Gulf Life on Florida’s Emerald Coast

301 Cherry Street

Panama City, FL 32401

MLS#: 789848

$449,900

Status: Active
Listing number: 789848
Listing provided by: CENTURY 21 Commander Realty
Listing agent phone: None
Last update: 2 months ago
On site: 3 months ago
Browse Properties
[No Recorded Subdiv] - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1964

Sq.Footage

2,096

Established restaurant opportunity in the heart of the Downtown Cove area! This 52-seat restaurant is fully equipped and ready for its next owner. The sale includes the real property along with all interior furnishings, fixtures, equipment, and kitchen inventory, offering a true turnkey opportunity. Currently operating as a successful Thai restaurant, the flexible layout and existing wine and beer license make it ideal for a variety of restaurant concepts, café, bistro, or specialty dining experiences. Prime downtown location with excellent visibility, established infrastructure, and endless potential for an owner-operator or investor looking to bring a new vision to a thriving area.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.15

  • Lot Size(square feet)

    6,534

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $449,900

  • Sq. Footage

    2,096

  • Price/SqFt

    $214

HOA

  • Association

    No

School District

  • Elementary School

    Cherry Street

  • Middle School

    Jinks

  • High School

    Bay

Property Features

  • Accessibility Features

    Accessible Approach with Ramp

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Bay

Elementary School

Cherry Street

Middle School

Jinks

High School

Bay

Listing Courtesy of Cari Henry , CENTURY 21 Commander Realty

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Robin Lindenmeier

Chief Financial Officer

Robin Lindenmeier

Call Robin today to schedule a private showing.

(509) 539-5226

robin@gulflifego.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Established restaurant opportunity in the heart of the Downtown Cove area! This 52-seat restaurant is fully equipped and ready for its next owner. The sale includes the real property along with all interior furnishings, fixtures, equipment, and kitchen inventory, offering a true turnkey opportunity. Currently operating as a successful Thai restaurant, the flexible layout and existing wine and beer license make it ideal for a variety of restaurant concepts, café, bistro, or specialty dining experiences. Prime downtown location with excellent visibility, established infrastructure, and endless potential for an owner-operator or investor looking to bring a new vision to a thriving area.

301 Cherry Street

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Gulf Life Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

1 Acre Prime Commercial Property with 132' Frontage on N East Ave! Zoned General Commercial 1, this versatile property includes a 3-bedroom, 1.5-bath residence that can easily be converted into office or retail space. Also on-site is a 30'x40' metal building featuring underground electrical and a 400AMP 3-phase circuit panel. Previously used as a fabrication shop, the building remains equipped for industrial or commercial use. The metal building has sustained hurricane damage and will require a new roof. A 10'x12' concrete storage building is also located behind the residence. With convenient access to transportation, a well-dwelling, and a flexible layout, this property offers tremendous potential for development, ideal for a retail plaza, commercial complex, or storage facility. A must-see opportunity for your next business venture!
#777145

Panama City

922 N East Avenue

None Beds

None Baths

2,337 Sq.Ft.

$435,000

MLS#: 777145

1 Acre Prime Commercial Property with 132' Frontage on N East Ave! Zoned General Commercial 1, this versatile property includes a 3-bedroom, 1.5-bath residence that can easily be converted into office or retail space. Also on-site is a 30'x40' metal building featuring underground electrical and a 400AMP 3-phase circuit panel. Previously used as a fabrication shop, the building remains equipped for industrial or commercial use. The metal building has sustained hurricane damage and will require a new roof. A 10'x12' concrete storage building is also located behind the residence. With convenient access to transportation, a well-dwelling, and a flexible layout, this property offers tremendous potential for development, ideal for a retail plaza, commercial complex, or storage facility. A must-see opportunity for your next business venture!
#794042

Panama City

922 N East Avenue

None Beds

None Baths

2,337 Sq.Ft.

$435,000

MLS#: 794042

143 Claire Ave Turnkey 6 Unit Multifamily Investment Excellent investment opportunity! 143 Claire Ave is a remodeled 6-unit multifamily property, consisting of six studio apartments. The property has been updated and offers an investor the opportunity to acquire an income producing asset without taking on a major renovation project. Each unit features an efficient studio layout, making the property well suited for tenants looking for affordable, low maintenance living. With six individual rental units under one roof, this property provides multiple income streams and strong potential for consistent occupancy. Whether you're looking to add to an existing rental portfolio or get into multifamily investing, 143 Claire Ave offers a great combination of updated units, rental income potential, and manageable size. Six units. Remodeled. Income producing. Ready for its next owner.
#793822

Panama City

143 Claire Avenue 101

None Beds

None Baths

1,612 Sq.Ft.

$399,900

MLS#: 793822

Great opportunity to own a unit that can be built out as commercial or residential. This unit is on the penthouse floor of a multi-use condominium building with exceptional views of the Gulf of Mexico. The multi-use condominium building houses 765 residential units and 35 retail/commercial units and is located across from Pineapple Willys. The unit already has plumbing, electrical and an HVAC. Don't miss out on this exceptional opportunity.
#793295

Panama City

9860 S Thomas Drive C-10

None Beds

None Baths

1,536 Sq.Ft.

$475,000

MLS#: 793295

Beautifully maintained professional office space presents a rare opportunity to establish or expand your practice in one of the area's most desirable commercial corridors. Ideally suited for experienced professionals, this turnkey property offers exceptional convenience with ample on-site parking and a strategic location surrounded by established residential neighborhoods, schools, and major retail destinations. Positioned along a high-traffic thoroughfare, the property benefits from outstanding visibility, prominent signage opportunities, and strong potential for walk-in clientele. Whether you're seeking an owner-occupied office or a long-term investment property, this offering provides immediate functionality and enduring value. Current zoning permits medical and a variety of healthcare-related services, making the space well-positioned for a wide range of professional uses. Please note that the sale will include a deed restriction prohibiting the buyer or investor from operating a dental office, dental specialty practice, or any other dental-related business on the property for a period of five (5) years following closing.
#793141

Panama City

1012 W 11th Street

None Beds

None Baths

3,360 Sq.Ft.

$375,000

MLS#: 793141

Fantastic turnkey multi-family property in the desired St. Andrews area. Investors take a look at this one. This multi-unit rental property includes 4 total units. Unit A is 2 bed, 1 bath; Units B, C and D are 1 bed, 1 bath. Every unit is occupied and cash-flowing monthly. Please do not disturb tenants, they are happy and love where they live. Great proximity to Downtown St. Andrews and just a few miles to Panama City Beach. All structures are solid and ready for the new owner to take over without having to do anything.
#792173

Panama City

1310 Arthur Avenue

None Beds

None Baths

2,452 Sq.Ft.

$385,000

MLS#: 792173

Are you in need of a spacious warehouse in Panama City, FL? Look no further than this fantastic property! This warehouse features two large bays with 14ft roll up garage doors and 20 ft ceilings, perfect for easy loading and unloading of your goods or equipment. In addition, this property includes a small 500 sq ft office and half bathroom, providing convenience for your employees or clients. With plenty of space for storage or manufacturing, this warehouse is ideal for a variety of businesses looking to expand their operations. Don't miss out on this prime opportunity in Panama City. Contact us today to schedule a viewing and secure this fantastic warehouse for your business needs. Currently Leased.
#772914

Panama City

758 W 13th Street #7

None Beds

None Baths

4,000 Sq.Ft.

$529,000

MLS#: 772914

This is a prime location for attorney offices, medical offices, hair salons, real estate office, retail shop, or any other business that is allowed per the zoning requirements. This corner location is easily accessible for ingress and egress. You are walking distance to many downtown venues and establishments. This property is close to St. Andrews Bay and some of your favorite restaurants and banks. It is also very convenient to the courthouse, and the hospital. Almost anything you might need is right around the corner from the high visibility location.
#788595

Panama City

800 Jenks Avenue

None Beds

None Baths

1,778 Sq.Ft.

$420,000

MLS#: 788595

Tucked away on 2.7 acres along the beautiful shores of Gainer Bayou, this private gated property offers the perfect blend of space, functionality, and waterfront living. The 2-bedroom, 2-bathroom home sits on a serene piece of land with peaceful bayou views, creating an ideal setting for full-time living or a relaxing weekend retreat. Inside, you'll find a comfortable layout with plenty of natural light and views of the water, while outside is where this property truly shines. The fully fenced backyard provides privacy and room for pets or entertaining, and the detached 2-car garage/workshop offers ample space for storage, tools, or hobbies. Whether you're enjoying quiet mornings overlooking the bayou or taking advantage of the acreage for outdoor living, this property delivers a rare opportunity to own waterfront land with room to spread out. With gated access, usable land, and direct Gainer Bayou frontage, properties like this don't come around often--schedule your showing today.
#787792

Panama City

7516 Olde Mill Road

None Beds

None Baths

1,080 Sq.Ft.

$400,000

MLS#: 787792

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Gulf Life Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by Gulf Life Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service