Kimberly L. Waterhouse

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Listing provided courtesy of IHEART REALTY INC- MLS# 2067162MLS Provider

337 S HIGHWAY 17East Palatka, FL 32131

Commercial · 5,260 Sq. ft. | 1.72 Acres
$3,900,000 Active

337 S HIGHWAY 17 Overview

Time on Site:
522 days
Visits:
8

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 5COP liquor license. The license also allows for offsite catering opportunities. 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!

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337 S HIGHWAY 17 Facts & Features

  • Type Commercial
  • Sq. ft. 5,260
  • Price/Sq.ft. $741
  • Lot 1.72 Acres

Details

General

Association/HOA

  • Association: No

Building Information

  • Building Name: Cheyenne Saloon
  • Year Built: 1900

Business Information

  • Business Type: Bar/Tavern/Lounge
  • Current Use: Commercial

Location/Region

  • Country: US
  • County Or Parish: Putnam
  • MLS Area Major: 564-East Palatka/San Mateo/N Satsuma/Orange Mills
  • MLS Area Minor: 564-East Palatka/San Mateo/N Satsuma/Orange Mills

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: 4217.2
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 391027775000500010
  • Property Sub Type: Business
  • Property Type: Commercial Sale
  • Senior Community: No

Interior

Beds/Baths

  • Bathrooms Total: 2

Building Interior

  • Building Area Source: Assessor

General Information

  • Building Features: Public Restroom,Separate Office Area
  • Flooring: Wood
  • Living Area: 5260.0
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: Parking Lot

Lot Information

  • Additional Parcels Description: See Private Remarks
  • Additional Parcels: Yes
  • Lot Features: Other
  • Lot Size Acres: 1.72
  • Lot Size Area: 1.72
  • Lot Size Square Feet: 74923.2
  • Lot Size Units: Acres

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Brick
  • Roof: Metal

General Information

  • Number Of Units Total: 0
  • Road Frontage Type: Highway

337 S HIGHWAY 17 Neighborhood

Community

32131 (EAST PALATKA) Demographics

47
Median Age
105
Population Density (per sq. mile)
32%
College Educated
$50,000
Estimated Median Income
1,387
Estimated Total Home Owners
445
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

337 S HIGHWAY 17 Monthly Cost

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$
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Meredith Medvec
Dylan Leitman
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

337 S HIGHWAY 17 Market Data

Based on the last 30 days in this zip code

$400,067
Average List Price
$224
Average Price per Square Foot
2
Properties Sold
117
Average Days on Market
34
Properties for Sale
Calculations provided by Reliance Network

337 S HIGHWAY 17 History

Date Event Value Agent
1/28/2025Source: North East Florida MLS Added to Database
January 28, 2025