$4,500,000
103 23rd Street
Panama City, FL 32405
MLS# 627880
Status: Sold
38577 sqft


103 23rd Street, Panama City, FL 32405
  1 / 6  
103 23rd Street, Panama City, FL 32405 103 23rd Street, Panama City, FL 32405 103 23rd Street, Panama City, FL 32405 103 23rd Street, Panama City, FL 32405 103 23rd Street, Panama City, FL 32405 103 23rd Street, Panama City, FL 32405

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 Price: 4500000
List Price/SqFt: 116.65
Current Price: 4200000
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 - 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
Stories: 1
Acreage: 5.4
SqFt HVAC: 38577
Apx SqFt(Htd/Cooled): 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: 4200000
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
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: September - 14 - 2017

Information deemed reliable but not guaranteed.

Tuesday 12th of December 2017 11:53 AM