337 S HIGHWAY 17, East Palatka, FL 32131 (MLS# 2067162)

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.