Wheelhouse

Anyone interested in buying the Wheelhouse and restoring it from the fire? The price just decreased from $15M to $12.9M. :shock:

Are you kidding? Are they selling the business and the land or just the land?

Anyone interested in buying the Wheelhouse and restoring it from the fire? The price just decreased from $15M to $12.9M. :shock:

$12.9M is a bit steep to restore a "local greasy spoon" to its former glory (albeit a great "greasy spoon'). Maybe replace it with condos...goodness knows we can always use more condos.

Anyone have any idea what Cocoons asking price is? :idontno:

Anyone have any idea what Cocoons asking price is? :idontno:

I think around $2.3 M

$12.9M is a bit steep to restore a "local greasy spoon" to its former glory (albeit a great "greasy spoon'). Maybe replace it with condos...goodness knows we can always use more condos.

Yeah, they can brag on the greasy stainless steel appliances and granite countertops :funn:

It looks like the total land area is only 0.72 acre. :idontno:

It looks like the total land area is only 0.72 acre. :idontno:

That sounds about right for Cocoon's, but Wheelhouse is closer to one acre. It also includes the Seagrove Icehouse and 4 small rental units.

That sounds about right for Cocoon's, but Wheelhouse is closer to one acre. It also includes the Seagrove Icehouse and 4 small rental units.

in that case.....

I think around $2.3 M

oooohhh..compared to the Wheelhouse, that would seem like a bargain!

That sounds about right for Cocoon's, but Wheelhouse is closer to one acre. It also includes the Seagrove Icehouse and 4 small rental units.

I don't know. :idontno: The Property Appraiser shows the Elizabeth Flower's property, including 6 buildings, totals 0.718 acres. The tax value is $1,736,000.

Are you kidding? Are they selling the business and the land or just the land?

There is no business left to sell. It is a burnt out shell. Been closed for a year or so.

I don't know. :idontno: The Property Appraiser shows the Elizabeth Flower's property, including 6 buildings, totals 0.718 acres. The tax value is $1,736,000.

Perhaps that is the case, but I believe her adjacent property, roughly totalling .4 acres is also included in the sale, giving a total property area of over 1.1 acres. ;-)

I don't know. :idontno: The Property Appraiser shows the Elizabeth Flower's property, including 6 buildings, totals 0.718 acres. The tax value is $1,736,000.

The property appraiser's website lists my lot being almost .2 of an acre larger...as well as showing a small mobile home in addition to my existing house...I don't trust these walton county websites!

The property appraiser's website lists my lot being almost .2 of an acre larger...as well as showing a small mobile home in addition to my existing house...I don't trust these walton county websites!

Everything that I own shows up just as it is.

If the owner is firm on the price, the Wheelhouse is one property that WILL be on the market until hell freezes over.

The property appraiser's website lists my lot being almost .2 of an acre larger...as well as showing a small mobile home in addition to my existing house...I don't trust these walton county websites!

AH SO.....But does your property have the BIG 3 in real estate? ....location, location and the "burnt out shell"!

Of course, the price for this property is ridiculously steep, but I have always thought a really good BBQ place would do well on 30-A. But not at that price. They would never make their overhead.

Of course, the price for this property is ridiculously steep, but I have always thought a really good BBQ place would do well on 30-A. But not at that price. They would never make their overhead.

I think the property is zoned for hotel, etc., hence the price. Prime location. My guess is that it won't be long before they are serving ice cubes downstairs (hell).

My guess is that it won't be long before they are serving ice cubes downstairs (hell).

GOD, I hope you're right. It would be nice to have a nice COLD martini while I'm serving my time. 😀

Of course, the price for this property is ridiculously steep, but I have always thought a really good BBQ place would do well on 30-A. But not at that price. They would never make their overhead.

Menu:

1/2 BBQ Chicken
Choice of 2: Beans, Slaw, Fries
Texas Toast.........................................$29.95