$820,000
Panama City, FL 32401
MLS# 686878
Status: Sold
7892 sqft
1 / 7
Property Description
INVESTORS!!! The subject property is a Goodyear store and has been at this location for more than 43 years. Goodyear has been in business for 121 years. New lifts were installed approximately 3 years ago and since the hurricane the building has had a complete make over. Goodyears current net, net, net lease expires August 31, 2020 and can be renewed.
Details
Maps
Contract Info
List Price/SqFt: 103.9
List Date: 2019-08-05
List Price: $820,000
Current Price: $820,000
Sub-Type: Income Producing
Location
Sub Area: 0203 - Bay - Central SW
Community/Resort: None
Waterfront: No
Business Name: Goodyear
Elementary School: Oakland Terrace
Middle School: Jinks
High School: Bay
Section: 6
Directions: Southwest corner of 15th street and Balboa.
Township: 4s
Range: 14w
Area: 02 - Bay County - Central
Street #: 1001
Street Direction: W
Street Name: 15th
Street Suffix: Street
State: FL
Zip Code: 32401
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 18654-000-000
Legal Description: SUDDUTH'S 4TH ADD 70A COM AT THE NE COR OF BLK 47 TH S ALONG WEST R/W 0F BONITA AVE 903.98' TO THE NORTH R/W OF US BUS 98 TH E 50' TO THE INT OF THE E R/W OF BONITA AVE & THE N R/W OF US BUS 98 FOR POB TH N 374' E 20' TO WATSON BAYOU TH SE 12.04' E 26.55' S 20' TH SELY 108' NELY 39.81' S 337.87 TO THE N R/W OF US BUS 98 TH WLY ALONG R/W 195' TO POB
General Property Info
List Class: Commercial
Site Dimensions: 150 x 250
Acreage: 0.86
Immediate Occupancy: No
Possession Date: Closing
Construction Status: Construction Complete
# of Units: 1
SqFt Unit: 7892
SqFt HVAC: 2565
SqFt Retail: 2565
SqFt - Workarea: 5327
Frontage Ft: 150
SqFt Tot Bldg: 7892
Lot Depth: 250
Lot SqFt: 37500
Ceiling Height: 14
Year Built: 1976
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: INVESTORS!!! The subject property is a Goodyear store and has been at this location for more than 43 years. Goodyear has been in business for 121 years. New lifts were installed approximately 3 years ago and since the hurricane the building has had a complete make over.
Goodyears current net, net, net lease expires August 31, 2020 and can be renewed.
Status Change Info
Sold Price/SqFt: 103.9
Sold Price/Acre: 953488.37
Status: Sold
Under Contract Date: 2019-10-11
Sold Date: 2020-01-03
Sold Price: $820,000
Construction/Siding
Block: 1
Floor - Concrete: 1
Energy
AC - Central Elect: 1
Financing
Conventional: 1
Present Zoning
Commercial: 1
Utilities
All Utilities: 1
Business/Property
Display Windows: 1
Freestanding Building: 1
Handicapped Access: 1
Floors in Unit/Home
One: 1
Heating/Cooling
AC - Central: 1
Income Producing
Year Built: 1976
Building SqFt: 7892
Price P/SqFt: 103.91
Net Operating Income: 60000
Transport. Access
5 or More Lanes: 1
Center Turn Lane: 1
Divided Highway: 1
Paved: 1
Property Features
Energy: AC - Central Elect
Financing: Conventional
Present Zoning: Commercial
Utilities: All Utilities
Listing Office: Indian Springs Real Estate
Last Updated: October - 04 - 2024
Information deemed reliable but not guaranteed.