337 S HIGHWAY 17, East Palatka, FL 32131
$3,900,000
Property Type:
Commercial Sale
Baths:
2
Square Footage:
5,260
Lot Size (sq. ft.):
74,923
Status:
Active
Current Price:
$3,900,000
List Date:
1/28/2025
Last Modified:
1/29/2025
Description
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 6COP liquor license. The license also allows for offsite catering opportunities.
Supplements: 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!
More Information MLS# 2067162
Contract Information
Current Price: $3,900,000
List Price: $3,900,000
Status: Active
Listing Contract Date: 2025-01-24
Property Sub Type: Business
Location Tax and Legal
Street Number: 337
Street Direction Prefix: S
Street Name: HIGHWAY 17
County: Putnam
State: FL
Postal Code: 32131
MLS Area Major: 564-East Palatka/San Mateo/N Satsuma/Orange Mills
General Property Information
Bathrooms Total: 2
Building Area Total: 5260
Building Area Source: Assessor
Year Built: 1900
Building Name: Cheyenne Saloon
Lot Size Acres: 1.72
Land Lease YN: No
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Stories Total: 2
Senior Community YN: No
Directions: From the intersection of Hwy 17 S and 207, travel S on Hwy 17 and the property is on the right.
Public Remarks: 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 6COP liquor license. The license also allows for offsite catering opportunities.
List Price/SqFt: 741.44
Status Change Information
Major Change Timestamp: 2025-01-28T20:55:46Z
Major Change Type: New Listing
Property Features
Building Features: Public Restroom; Separate Office Area
Business Type: Bar/Tavern/Lounge
Construction Materials: Brick
Cooling: Central Air
Current Use: Commercial
Flooring: Wood
Heating: Central
Listing Terms: Cash; Conventional
Lot Features: Other
Parking Features: Parking Lot
Possession: Close Of Escrow
Road Frontage Type: Highway
Roof: Metal
Sale Includes: Business with Real Estate; Furniture, Fixtures and Equipment
Listing Office: IHEART REALTY INC
Last Updated: January - 29 - 2025
Information deemed reliable but not guaranteed.
