$521,000
$600,000
13.2%For more information regarding the value of a property, please contact us for a free consultation.
0.72 Acres Lot
SOLD DATE : 05/14/2020
Key Details
Sold Price $521,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Batview Heights Replat
MLS Listing ID 685802
Sold Date 05/14/20
HOA Y/N No
Year Built 1952
Lot Size 0.720 Acres
Acres 0.72
Property Description
This is a rare opportunity to own a unique income producing property located at the revitalized gateway to Panama City. The property is next to Gulf Coast State College, Board of Realtor Convention Center, and Panama City Port. The largest of the 4 buildings is 3240 sqft and currently leased to a strip club. Morality laws against the adult entertainment industry were passed in 90s and only 3 grandfathered strip clubs remain in Panama City. The second building ''honkers'' is 1180 sqft and is built out to be a sandwich shop. Third building is a 2268 sqft house is zoned mixed use on 1805 Baltimore Ave. There is a 4th storage building that is roughly 500 sqft. Lot is two parcels and approx 3/4 acre fronting Hwy 98, Brown Ave, and Baltimore Ave. Private showing. Poles do not convey.
Location
State FL
County Bay
Area 02 - Bay County - Central
Interior
Fireplace No
Exterior
Waterfront No
Building
Entry Level One
Level or Stories One
Schools
Elementary Schools Lucille Moore
Middle Schools Jinks
High Schools Bay
Others
Tax ID 28267-000-000
Acceptable Financing Other, See Remarks
Listing Terms Other, See Remarks
Financing Cash
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Bought with Scenic Sotheby's International Realty
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