$2,500,000
Panama City, FL 32401
MLS# 761568
6280 sqft
1 / 12
Property Description
This is a very unique opportunity for a turn-key commercial business in rapidly growing Panama City and Bay County. This lot is 1.4 acres with lots of parking. The building is currently a restaurant and is ready to make it your own in several different opportunities. Property includes Walk-in Coolers and Walk -in Freezer, and two(2) BBQ Smokers. Seating capacity up to 150 people(including the outside seating). The property is available for renovation and lease, or the property can be torn down and rebuilt with a ground lease. The property can also just be purchased. The location has a 35,000 AADT count. Property like this does not become available very often.
Details
Maps
Contract Info
List Date: 2024-08-20
List Price: $2,500,000
List Price/SqFt: 398.09
Current Price: $2,500,000
Sub-Type: Retail
Location
Area: 02 - Bay County - Central
Street #: 1031
Street Direction: W
Street Name: 15th
State: FL
Zip Code: 32401
County: Bay
Sub Area: 0203 - Bay - Central SW
Subdivision: [No Recorded Subdiv]
Community/Resort: None
Waterfront: No
Parcel ID: 18653-010-000
Section: 6
Township: 4S
Range: 14W
Elementary School: Northside
Middle School: Jinks
High School: Bay
Directions: From Highway 231 South, Turn West onto 15th Street (hwy 98) and property will on the left.
Legal Description: 6 4S 14W -1.1- 55A BEG 461.5' W & 40' S OF NE COR OF SEC TH S 321.5' W 198.5' N 321.5' E 198.5' TO POB ORB 4625 P 498
General Property Info
List Class: Commercial
Immediate Occupancy: Yes
Construction Status: Construction Complete
# of Stories in Building: 1
Acreage: 1.46
SqFt Retail: 6088
SqFt Tot Bldg: 6280
Year Built: 1972
Status Change Info
Status: Active
Business Only
Year Built: 1972
Building SqFt: 6088
Price P/SqFt: 22.2
Land
Property Type: Commercial
Property Features
Accessibility Features: Accessible Approach with Ramp; Accessible Common Area; Accessible Doors; Accessible Electrical and Environmental Controls; Accessible Entrance; Accessible Kitchen; Customized Wheelchair Accessible
Energy: AC - 2 or More; Water Heater - Electric
Financing: Cash; Conventional; Lease Option; Will Lease
Offering Type: Ground Lease; Sale or Lease
Other Structures: Arena - Covered
Present Zoning: Commercial
Utilities: All Utilities; Natural Gas - Available; Public Sewer - Connected; Water Connected
Listing Office: JPAR City & Beach
Last Updated: April - 29 - 2025
Information deemed reliable but not guaranteed.