10071 Hutchison Boulevard, Panama City Beach, FL 32407

Property Description

The property at 10071 Hutchison Boulevard offers a 5,135 ± SF freestanding restaurant building situated on 1.39 ± acres in the heart of Panama City Beach, Florida. The building will be delivered vacant and free of any leasehold interests at closing, providing an ideal opportunity for an owner-user or redevelopment project. The property features a well-designed floor plan with existing kitchen infrastructure, multiple dining areas, and ample on-site parking. This offering presents a rare opportunity to acquire a nearly Turn Key restaurant property located at a signalized hard corner in Panama City Beach, Florida. The 5,135 SF freestanding building, formerly operated as Applebee's. The property is located at the southeast corner of Hutchison Boulevard and Churchwell Drive, featuring full access via a traffic signal and exceptional visibility. With 95 total parking spaces (18.5 per 1,000 SF), the site offers excellent fundamentals for a restaurant user or future repositioning for redevelopment.