Real Estate Auction for TOUCAN’S  – GULF FRONT RESTAURANT

3 Parcels:

• Date: Thursday March 12, 2009
• Time: 12:00 pm
• Location: 812 Highway 98, Mexico Beach
• Preview/Inspection Dates:
  • Wednesday, March 4th, 2009 9:00am – 12:00 PM

• Parcel 1 60’ x 200’ ±
  • Behind Condo/Residential – low density
• Parcel 2 50’ x 150’ ±
  • Parking across the street/General Commercial
• Parcel 3 & 4 80’ x 165’ ±
  • Toucan’s Restaurant/General Commercial

• Per the IRS, the Taxable Income for Toucan’s One, Inc. for 2005-2007:
  
  • 2005 – $3,028,175.68
  • 2006 – $3,606,871.87
  • 2007 – $3,692,730.36
• 165’ ± of gulf frontage

For additional information on these or other Panama City real estate auctions, contact me directly (850) 774-6582.

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