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7724 Front Beach Road

Panama City, FL 32407
  • $2,000,000
  • STATUS: Active
  • ON SITE: 389 Days
  • MLS #: 710791
$2,000,000
  • 0
    BEDS
  • 1.75
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,113
    SQFT
  • $219
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1985
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

Panama City Beach landmark, Mikato Restaurant is for sale. The 1.75 acre parcel is a prime location on the East end of Panama City Beach with Commercial C-3 zoning and almost 300' of frontage on Front Beach Rd and 250' on the Thomas Dr/Bay Point exit lane of Hwy 98. Daily traffic count is 25,200. The building is approx. 9,000 SF with seating capacity of 299 and has been well maintained with new roof and HVAC system. The restaurant is offered turn-key with a bar and lounge with liquor license, a main dining room with 12 hibachi grills and 4 additional dining rooms with 12 more hibachi grills. Close to new PCB Sports Complex and adjacent to a Hawthorn Suites and a Fairfield Inn & Suites. Excellent opportunity as is

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© 2022 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Premier Property Group. Data last updated: 2022-05-22T00:04:49.66.
www.premierbeachretreats.com/homes/116504327
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7724 Front Beach Road Panama City, FL 32407

  • Price: $2,000,000
  • Status: Active
  • On Site: 389 Days
  • MLS #: 710791
0
Beds
0
Baths
0
½ Baths
1.75
Acres
9,113
SQFT
$219
$/SQFT
1985
Built
Neighborhood:
[No Recorded Subdiv]
County:
Bay
Area:
Bay County-Beach
Elementary School:
Breakfast Point
Middle School:
Breakfast Point
High School:
Arnold
Property Description
Panama City Beach landmark, Mikato Restaurant is for sale. The 1.75 acre parcel is a prime location on the East end of Panama City Beach with Commercial C-3 zoning and almost 300' of frontage on Front Beach Rd and 250' on the Thomas Dr/Bay Point exit lane of Hwy 98. Daily traffic count is 25,200. The building is approx. 9,000 SF with seating capacity of 299 and has been well maintained with new roof and HVAC system. The restaurant is offered turn-key with a bar and lounge with liquor license, a main dining room with 12 hibachi grills and 4 additional dining rooms with 12 more hibachi grills. Close to new PCB Sports Complex and adjacent to a Hawthorn Suites and a Fairfield Inn & Suites. Excellent opportunity as is
Exterior Features

Construction Materials FrameStucco Foundation Details Slab Frontage Length 264.00 Levels One Lot Features ClearedCorner LotLandscapedLevel Road Frontage Type County Road Road Surface Type Paved Roof Tile Stories 1

Interior Features

Building Features Handicap AccessKitchen FacilitiesOfficePole SignPublic Restrooms Cooling Central Air Cooling YN Yes Flooring Concrete Heating CentralElectric Heating YN Yes

Property Features

Association YN No Building Area Total 10446 Business Name Mikato Restaurant Documents Available Aerial Listing Agreement Exclusive Right To Sell Occupant Type Vacant Possible Use Restaurant Property Attached YN No Sewer Public Sewer Utilities Natural Gas AvailableSewer AvailableWater Available Water Source Public Waterfront YN No Zoning Description Commercial

Listing provided courtesy of Beachy Beach Real Estate. Listing information © 2022 Central Panhandle Association of Realtors MLS.


© 2022 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Premier Property Group. Data last updated: 2022-05-22T00:04:49.66.
 
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The Premier Property Group
10343 E Co Hwy 30A, Suite 105
Seacrest Beach FL, 32413