$4,500,000
Panama City, FL 32405
MLS# 627880
Status: Sold
38577 sqft
1 / 6
Property Description
Coronado Village Shopping Center provides investors with a rare opportunity on 23rd Street. Tremendous investment opportunity with upside potential and steady income with a prime location on 23rd Street in Panama City. The 38,577 square foot center is 100% occupied and includes long-term tenants such as; Maharaja of India, Wellness & Fitness Center, Scottrade, Granny Cantrell's, The Wine Dog, Dr. Abouelela, Summit Bank/Raymond James, Weight Watchers, Sandra Jean Unifroms, etc. Detailed financials, lease terms and an Offering Memorandum are available upon request and receipt of a signed confidentiality agreement.
Details
Maps
Contract Info
List Date: 2015-01-22
List Price: $4,500,000
List Price/SqFt: 116.65
Current Price: $4,200,000
Sub-Type: Other
Location
Area: 02 - Bay County - Central
Street #: 103
Street Name: 23rd
Street Suffix: Street
State: FL
Zip Code: 32405
County: Bay
Sub Area: 0203 - Bay - Central SW
Business Name: CORONADO VILLAGE SHO
Subdivision: Coronado Village Shopping Center
Community/Resort: None
Parcel ID: 14189-045-005
Directions: The Coronado Village Shopping Center is located on the south side of 23rd Street between Harrison Ave. and Jenks Ave.
Legal Description: 32 3S 14W -34.43- 91D1 OLD 61ABEG 50' S & 6.01' E OF NE COROF NW1/4 OF NW1/4 OF NE1/4...
General Property Info
List Class: Commercial
Immediate Occupancy: No
Construction Status: Construction Complete
Acreage: 5.4
SqFt HVAC: 38577
SqFt Tot Bldg: 38577
Year Built: 1986
Listing Info, Tax and Legal
HOA Fee: No
Status Change Info
Status: Sold
Under Contract Date: 2015-01-22
Sold Date: 2015-01-31
Sold Price: $4,200,000
Sold Price/SqFt: 108.87
Sold Price/Acre: 777777.78
Property Features
Construction/Siding: Block; Clear Span; Floor - Concrete; Siding - Stucco; Steel/Frame
Energy: AC - Central Elect
Floors in Unit/Home: One
Financing: Cash; Conventional
Heating/Cooling: AC - HVAC
Offering Type: Sale Only; Sale with Lease
Pricing Type: Sale Price
Present Zoning: General Commercial
Sale Type: As Is
Site Description: Aerials Available; Landscaped; Site - Shopping Center; Survey
Transport. Access: 5 or More Lanes
Utilities: Electric On Site
Listing Office: Counts Real Estate Group Inc
Last Updated: December - 03 - 2019
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.