337 S US Highway 17 - Retail FOR SALE


East Palatka, FL 32131
$3,900,000 USD
386-916-5002
337 S US Highway 17, East Palatka, FL for Sale
$3,900,000 USD
Retail - FOR SALE
1/73
null | Request Cap Rate

NEW


337 S US Highway 17
East Palatka, FL 32131


OVERVIEW

Dream of owning the oldest bar in Putnam County? Here's your chance to make it a reality! This community gathering spot dates back to the 1930's and is considered a cherished institution in the heart of Putnam County. The Cheyenne Saloon is known for the best Teriyaki Chicken wings in town and is now available for purchase as a turnkey operation. Situated in a prime location along Highway 17 in East Palatka on 1.72 acres of prime commercial property, this iconic building offers 5,260 square feet of versatile operating space. The property includes a fully equipped kitchen, ample storage for inventory, a gift shop and plenty of parking to accommodate guests. Inside, you'll find a spacious layout complete with pool tables, perfect for entertainment and social gatherings. 22 tables for seating with a 225-seating capacity. Drive thru window for food and alcohol sales as this establishment has a 5COP liquor license. The license also allows for offsite catering opportunities. Step outside, and you'll discover a fantastic outdoor area featuring a dedicated entertainment space, ideal for showcasing local talents and hosting events. The Cheyenne is a very popular stop during Bike Week, Biketober Fest and for the locals that just enjoy eating and gathering here. Not only is this business a beloved community staple, but it is also a rare opportunity for a new owner to step into success with a proven formula. Don't miss this chance to own a piece of Putnam County's history and carry on the legacy that has been here for so many years!

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$741 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,234 SF

ZONING

-

APN/PARCEL ID

39-10-27-7750-0050-0010

ASK ABOUT THIS PROPERTY

Christopher FieldsiHeart Realty, Inc.More Info
386-916-5002

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Christopher FieldsiHeart Realty, Inc.More Info
386-916-5002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.