337 S HIGHWAY 17 East Palatka, FL $ 3,900,000
337 S HIGHWAY 17
$ 3,900,000
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337 S HIGHWAY 17

East Palatka, FL, 32131
$ 3,900,000
Bedrooms-- Baths2.0 Sq 5,260

Monthly Estimate*

$ 24,013

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Commercial Property for sale in East Palatka, FL

for $3,900,000 with 2 full baths. This 5,260 square foot building was built in 1900 on a lot size of 1.72.

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. 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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Commercial Active

Price

$ 3,900,000

Full Bath

2

Property Type

Commercial

Taxes

$ 4,217

Style

Business

Lot Size

1.72

Year Built

1900

Town/City

East Palatka

County/Region

Putnam

MLS | Web ID

2067162

Features
General
Heating Central
Cooling Central Air
Possession Close Of Escrow
Roof Metal
Construction Materials Brick
Year Built 1900
Property Subtype Business
Tax Year 2024
Current Use Commercial
Parcel Number 391027775000500010
Building Name Cheyenne Saloon
Additional Parcels Description See Private Remarks
County Putnam
New Construction 0 None
Property Type Commercial Sale
HOA N
Attached Garage N
Building Features Public Restroom Separate Office Area
Status Active
Directions From the intersection of Hwy 17 S and 207 travel S on Hwy 17 and the property is on the right.
City East Palatka
Senior Community Y/N N
Zoning Description Commercial
Number Of Units Total 0
MLS Area 564-East Palatka/San Mateo/N Satsuma/Orange Mills
Lot Size Units Acres
Lot Size Square Feet 74923.2
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 4217.2
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 564-East Palatka/San Mateo/N Satsuma/Orange Mills
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://my.matterport.com/show/?m=FL1LdYUgWPW&brand=0&mls=1&
Standard Status Active
Cash True
Conventional True
Private Pool Y/N None
Water Body Access Y/N None
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Interior
Flooring Wood
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 2
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Exterior
Parking Features Parking Lot
Lot Features Other
Lot Size Area 1.72
Spa N
Lot Size Acres 1.72
Waterfront Y/N N
Road Frontage Type Highway
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 337
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* Excluded Features
List By
Iheart Realty Inc

Broker

chris@iheartrealtyinc.com

Email

Affordability Calculator

$24,364
Per Month
99%
1%
0%
Monthly Principal & Interest
$24,013
Monthly Property Taxes
$351
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
308105 Elementary School
308138 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/28/2025$3,900,000 Listed Price

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337 S HIGHWAY 17, East Palatka, FL, 32131 is a Commercial Property for sale at $3,900,000 with 5,260 sqft and a lot size of 1.72. 337 S HIGHWAY 17 has 2.0 baths and was built in 1900. The property's zip code is 32131 which is in East Palatka, FL