Panama City, FL 32401,2800 E 5th ST
Panama City, FL 32401,2800 E 5th ST
Panama City, FL 32401,2800 E 5th ST
Panama City, FL 32401,2800 E 5th ST
Panama City, FL 32401,2800 E 5th ST
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$395,000

$499,000

20.8%
Est.Price: ?

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Est. payment /mo

1.88 Acres Lot


SOLD DATE : 05/31/2024

Key Details

Sold Price $395,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Subdivision [No Recorded Subdiv]

MLS Listing ID 742238

Sold Date 05/31/24

Construction Status Under Construction

HOA Y/N No

Year Built 1971

Lot Size 1.880 Acres

Acres 1.88

Property Description

Substantial price reduction for 'As Is' sale. Commercial development opportunity in Panama City, Florida. Property consists of 1.889 acres with approximately 200 feet of frontage on US Business HWY 98. Sale includes building shell ''As Is'' which is approximately 18,000 square feet, concrete wall construction with cement re-enforcement, and possible 12 feet clear ceiling height. (Building currently does not have a roof). The building shell and large parking area offers ample space for various development ventures. The building's expansive dimensions of 120' x 150' provide abundant room for many uses, allowing you to design the space according to your specific needs. Property is zoned General Commercial 2, Panama City. Please consult Gateway Overlay District Standards for specific use requirements).The Seller, a licensed Florida general contractor, offers you the unique option to purchase the building ''As Is'' or customize it to your exact specifications for additional costs. In addition to the purchase option, the Seller will consider a lease opportunity at $8.00 NNN delivered with a standard vanilla shell. For tenants seeking a turnkey solution, the Seller is also willing to discuss finish-to-suit options. Don't miss out on this exceptional commercial development opportunity in Panama City, Florida. Whether you're an investor, entrepreneur, or established business, the possibilities are endless. Disclaimer: The information provided is based on public data and is subject to change. Buyers and tenants are advised to conduct their own due diligence and verify all details independently.

Location

State FL

County Bay

Area 02 - Bay County - Central

Interior

Fireplace No

Exterior

Waterfront No

Building

Story 1

Entry Level One

Level or Stories One

Construction Status Under Construction

Schools

Elementary Schools Cherry Street

Middle Schools Everitt

High Schools Rutherford

Others

Tax ID 23290-000-000

Financing Cash

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Listed by Counts Real Estate Group Inc
Bought with NON-MEMBER OFFICE
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