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8491 Navarre Parkway

Navarre, FL 32566
  • $4,999,995
  • STATUS: Active
  • ON SITE: 167 Days
  • MLS #: 931616
UPDATED: 58 min ago
$4,999,995
  • 0
    BEDS
  • 1.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Welcome to 8491 & 8465 Navarre Pkwy, the perfect destination for restaurant owners and developers looking to capitalize on the vibrant market in Navarre, FL. NAI Pensacola is pleased to present an incredible opportunity to own a spectacular waterfront property with breathtaking views of Santa Rosa Sound, and Navarre Beach. This sprawling complex boasts both indoor and waterside dining areas providing a perfect blend of ambiance and tranquility. The beautifully built-out interior encompasses 5,512 square feet of upscale dining space, while an astonishing 8,204 square feet is dedicated to the enchanting waterfront seating areas. Seller has written option to purchase the parcels directly to the east and west adjoining his property. The Option can be purchased in addition to his prope High-visibility location in the popular resort community of Navarre, FL., The restaurant is perfectly positioned along the busy Navarre retail trade and travel corridor and attracts a steady stream of tourists and locals alike. The picturesque surroundings and the vibrant atmosphere make it an irresistible destination location. Active restaurant business that is walk-in ready, or perfect location for a redevelopment project Surrounded by a dense population base, national retailers, restaurants, condominiums, and hotels Two parcels combined to offer just over an acre of waterfront, on the Santa Rosa Sound (336 FT water-frontage) 2022 Updates The Grillehouse Extended the roof line adding more covered seating at GH. $ 9000 Added Drop ceiling in GH to lower HVAC costs. $11k Interior of the Grillehouse was built out for a more functional layout New HVAC installed in Grille House Kitchen 2022 Mango Mary's The two-story stage area was renovated to include a bar, spiral staircase, and sundeck lounge area. Added storage areas / retail shack / shed at the entrance. Added a fully functioning 31' food trailer ($50k) with a 10' vent hood Conex containers: the "expo" container sitting against the food trailer is outfitted with coolers and a freezer, heat lamps, etc., to act as the expo/server area for Mango Mary's food production Wood decks and walkways are all new. Havana Bar Conex/ container is 40' and is built out to house 2 bars. In the middle is a new walk-in cooler that holds kegs and 2 beer tap walls. Daiquiri machines are located here along with ice wells and bottle coolers. All plumbed with new plumbing and electricity Fizzy Flamingo The adjacent bar on the opposite side of Havana (but still inside the 40' Conex) is the Fizzy Flamingo. It comes equipped with a tap wall, coolers, ice wells, plumbing, etc. The final Conex is 20' and used for storage. 24 dump truck loads of new white sand, swings, a waterfront sitting deck with chairs, and misc. benches built out around the sitting area. Extensive inventory of picnic-style seating, bar stools, reg tables, etc. 7 walk-in coolers, 2 walk-in freezers Large $40k smoker in full working condition All FF&E are available (Pier is not included) Partnership Potential - The owner, a highly established restaurateur would consider some form of partnership in this restaurant with a well-qualified buyer Franchise Potential - The owner would sell the property and business as a franchise Redevelopment Opportunity with Assemblage- Interested Developers could contact the adjoining land owners for assemblage potential Don't miss out on this amazing waterfront restaurant opportunity in Navarre!

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© 2024 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Posh Beach Realty. Vendor Member number: 28178. Data last updated: 2024-02-20T22:04:18.433.
Vendor Member #28178.
www.poshbeachrealty.com/homes/143092370
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8491 Navarre Parkway Navarre, FL 32566

  • Price: $4,999,995
  • Status: Active
  • On Site: 167 Days
  • Updated: 58 min ago
  • MLS #: 931616
0
Beds
0
Baths
0
½ Baths
1.14
Acres
Neighborhood:
Navarre/Gulf Breeze
County:
Santa Rosa
Area:
Navarre/Gulf Breeze
Property Description
Welcome to 8491 & 8465 Navarre Pkwy, the perfect destination for restaurant owners and developers looking to capitalize on the vibrant market in Navarre, FL. NAI Pensacola is pleased to present an incredible opportunity to own a spectacular waterfront property with breathtaking views of Santa Rosa Sound, and Navarre Beach. This sprawling complex boasts both indoor and waterside dining areas providing a perfect blend of ambiance and tranquility. The beautifully built-out interior encompasses 5,512 square feet of upscale dining space, while an astonishing 8,204 square feet is dedicated to the enchanting waterfront seating areas. Seller has written option to purchase the parcels directly to the east and west adjoining his property. The Option can be purchased in addition to his prope High-visibility location in the popular resort community of Navarre, FL., The restaurant is perfectly positioned along the busy Navarre retail trade and travel corridor and attracts a steady stream of tourists and locals alike. The picturesque surroundings and the vibrant atmosphere make it an irresistible destination location. Active restaurant business that is walk-in ready, or perfect location for a redevelopment project Surrounded by a dense population base, national retailers, restaurants, condominiums, and hotels Two parcels combined to offer just over an acre of waterfront, on the Santa Rosa Sound (336 FT water-frontage) 2022 Updates The Grillehouse Extended the roof line adding more covered seating at GH. $ 9000 Added Drop ceiling in GH to lower HVAC costs. $11k Interior of the Grillehouse was built out for a more functional layout New HVAC installed in Grille House Kitchen 2022 Mango Mary's The two-story stage area was renovated to include a bar, spiral staircase, and sundeck lounge area. Added storage areas / retail shack / shed at the entrance. Added a fully functioning 31' food trailer ($50k) with a 10' vent hood Conex containers: the "expo" container sitting against the food trailer is outfitted with coolers and a freezer, heat lamps, etc., to act as the expo/server area for Mango Mary's food production Wood decks and walkways are all new. Havana Bar Conex/ container is 40' and is built out to house 2 bars. In the middle is a new walk-in cooler that holds kegs and 2 beer tap walls. Daiquiri machines are located here along with ice wells and bottle coolers. All plumbed with new plumbing and electricity Fizzy Flamingo The adjacent bar on the opposite side of Havana (but still inside the 40' Conex) is the Fizzy Flamingo. It comes equipped with a tap wall, coolers, ice wells, plumbing, etc. The final Conex is 20' and used for storage. 24 dump truck loads of new white sand, swings, a waterfront sitting deck with chairs, and misc. benches built out around the sitting area. Extensive inventory of picnic-style seating, bar stools, reg tables, etc. 7 walk-in coolers, 2 walk-in freezers Large $40k smoker in full working condition All FF&E are available (Pier is not included) Partnership Potential - The owner, a highly established restaurateur would consider some form of partnership in this restaurant with a well-qualified buyer Franchise Potential - The owner would sell the property and business as a franchise Redevelopment Opportunity with Assemblage- Interested Developers could contact the adjoining land owners for assemblage potential Don't miss out on this amazing waterfront restaurant opportunity in Navarre!
Exterior Features

Lot Size Dimensions 334 x 155 x 150 x 336 Waterfront Features Sound

Property Features

Business Name The Grillehouse Restaurant New Construction YN No Property Condition Existing Zoning HCD

Listing courtesy of NAI Pensacola: 850-433-0577.


© 2024 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Posh Beach Realty. Vendor Member number: 28178. Data last updated: 2024-02-20T22:04:18.433.
Vendor Member #28178.
 
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