2900 5th Street, Panama City, FL 32401
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Priced at Only: $565,000
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Address: 2900 5th Street, Panama City, FL 32401
Property Location and Similar Properties
- MLS#: 765959 ( CommercialSale )
- Street Address: 2900 5th Street
- Viewed: 4
- Price: $565,000
- Price sqft: $121
- Waterfront: No
- Year Built: 1947
- Bldg sqft: 4672
- Days On Market: 26
- Additional Information
- Geolocation: 30.1566 / -85.6225
- County: BAY
- City: Panama City
- Zipcode: 32401
- Subdivision: No Named Subdivision
- Elementary School: Parker
- Middle School: Everitt
- High School: Rutherford
- Provided by: ERA Neubauer Real Estate Inc
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DescriptionPrime Commercial Property located in the heart of Panama City! This versatile property spans 0.33 acres and features two distinct buildings offering incredible investment potential. The first building is a 1,976 sq. ft. restaurant with an approx. 1,242 sq. ft. apartment upstairs, perfect for generating additional rental income or owner occupied use. The second building is a renovated 1,262 sq. ft. office/retail space, ideal for professional services, boutique retail, or other business ventures.Zoned GC 2 (General Commercial 2), this property is situated within a district designed for neighborhood commercial activities, including retail, professional offices, and service oriented businesses. With an Annual Average Daily Traffic count of 18,100, your business will benefit from excellent visibility and easy accessibility.Whether you're looking for an investment opportunity or a versatile property for your business, this location offers a unique combination of space, zoning flexibility, and income potential. Don't miss the chance to own this exceptional property in Panama City!
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Features
Building and Construction
- Covered Spaces: 0.00
- Living Area: 0.00
School Information
- High School: Rutherford
- Middle School: Everitt
- School Elementary: Parker
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Utilities
- Carport Spaces: 0.00
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Trash Expense: 0.00
Other Features
- Legal Description: 11 4S 14W -288- 118C2 BEG NW COR OF NE1/4 OF SW1/4 OF NW1/4 TH S 132' E 330' N 132' W 330' TO POB LESS HWY & LESS ELY 101.5' ORB 3815 P 31
- Levels: Two
- Area Major: 02 - Bay County - Central
- Occupant Type: Occupied
- Parcel Number: 23300-000-000
- Possible Use: Commercial
- The Range: 0.00
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- John Holtje
- Tropic Shores Realty
- 352.587.3980
- bigjohnholtje@gmail.com