$3,800,000
Panama City Beach, FL 32407
MLS# 766057
Status: Sold
89638 sqft
1 / 16
Property Description
Lindsey's Furniture is relocating and plans to vacate the building by the end of the year. Entered for comp purposes. The building is now available for lease. Previously occupied by Wayne's World RV and originally built by Wal-Mart in 1985. Fantastic location. Easily accessible and tremendous exposure. Landlord will consider subdividing for long-term credit tenants. Potential uses include retail, storage/warehouse, research & development, etc. Sq. Ft.: 77,596 Total Heated & Cooled SF. 68,290 SF 1st Floor. 9,306 SF 2nd Floor (office, storage, and apartment), + 6,600 Fenced Canopy Height: 16' Eave-height Loading: #2, 8'W x 10'H Dock-Height #2, 12'W x 14'H Grade Doors #1, 10'W x 12'H Grade Door Power: 3-Phase, 400 and 600 Amps Zoning: C-3, General Commercial Bay County Lease Rate: $12.00 NNN Per Sq. Ft.
Details
Maps
Contract Info
List Date: 2024-12-02
List Price: $4,000,000
List Price/SqFt: 44.62
Current Price: $3,800,000
Sub-Type: Retail
Location
Area: 03 - Bay County - Beach
Street #: 7157
Street Name: Front Beach
Street Suffix: Road
State: FL
Zip Code: 32407
County: Bay
Sub Area: 0319 - Beach - East
Subdivision: [No Recorded Subdiv]
Community/Resort: None
Waterfront: No
Parcel ID: 27883-600-000
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: The Lindsey's Furniture Building located within the Beachwalk Shopping Center at the southwest corner of Front Beach Road and Thomas Drive at the base of the Hathaway Bridge.
Legal Description: 32 3S 15W -27.600- BEG 1146.04' S & 582.72' W OF NE COR TH S 284' W 85' S 246' E 180' S 109.96' W 562.02' N 639.94' E 467' TO POB *** LESS HWY 98 R/W *** ORB 4139 P 274
General Property Info
List Class: Commercial
Immediate Occupancy: No
Possession Date: 1/1/2025
Construction Status: Construction Complete
# of Stories in Building: 2
Acreage: 6.45
Frontage Ft: 470
Lot Depth: 645
Lot SqFt: 280962
SqFt HVAC: 77596
SqFt Retail: 77596
SqFt - Warehouse: 77596
SqFt Tot Bldg: 89638
Year Built: 1985
Ceiling Height: 16
Status Change Info
Status: Sold
Under Contract Date: 2024-12-02
Sold Date: 2024-12-10
Sold Price: $3,800,000
Sold Price/SqFt: 42.39
Sold Price/Acre: 589147.29
Property Features
Accessibility Features: Accessible Approach with Ramp; Accessible Doors; Accessible Entrance
Energy: AC - 2 or More; AC - Central Elect; Insulated Doors; Water Heater - Electric
Financing: Will Lease
Offering Type: Lease Only; Will Divide
Pricing Type: Other - See Remarks
Present Zoning: Commercial; County; General Commercial; Other - See Remarks
Site Description: Aerials Available; Level; Survey
Utilities: All Utilities; Electric 220/240; Electricity - Availabile; Electric-3 Phase; Fuel - Natural Gas; Garbage; Pest Control; Phone - Connected; Public Sewer - Connected; Water Connected; TV Cable
Listing Office: Counts Real Estate Group Inc
Last Updated: December - 11 - 2024
Information deemed reliable but not guaranteed.