5300 W Highway 98 Bus
5300 W Highway 98 Bus
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5300 W Highway 98 Bus

5300 U.S. 98, Panama City, FL 32401

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Property location

5300 U.S. 98, Panama City, FL 32401

Pricing and availability

Last updated about 2 months ago
  • 0 Bed, 0.0 Bath
    • Studio
    • ·
      1 bath
    • ·
      7600 sqft
    $5,000+
    1
    Starting at
    Unit available
    • Unit 0 Bed

      Available now

      $5,000

Amenities

  • Patio / balcony
  • Parking

Property details

The new owners have rebuilt Sun Harbor Marina on St. Andrew Bay. Located on the east end of the Hathway Bridge adjacent to the Port of Panama City. The two-story restaurant space is now available for lease. The framing is completed and the landlord plans to deliver a 'vanilla-shell' space per the attached plans. The monthly rent is $5,000 NNN, plus operating expenses, and 7% of annual gross sales in excess of $857,413. The tenant improvements are negotiable and the landlord will finish-to-suit. The space is designed to have the main dining room and kitchen on the second floor with additional seating on the wrap around outdoor decks. The first floor includes additional bars, seating, entertainment, bathrooms and storage areas. The second floor is accessed via an ADA ramp. The most incredible views all year. Easy access and plenty of parking. A roof-mounted sign would be visible from the Hathaway Bridge and St. Andrew Bay. Sun Harbor Marina is home to the Schooner Columbia and the boat slips are now leasing. The fuel dock is also open. This location will have tremendous visibility and a lot of traffic by boaters, too. Call for further details and to setup a tour.

Pets allowed
Yes
Parking
None, unassigned.
Income requirement
Must have 3x the rent in total household income (before taxes)