$1,300,000
Panama City, FL 32401
MLS# 681966
Status: Sold
53694 sqft

1 / 5





Property Description
There are two large warehouses with a large fenced lot next door. There is current a tenant leasing the majority of the larger warehouse until fall of 2020 which would bring in additional income for the time being. The owner is occupying the smaller warehouse but can vacate with a justified offer.
Details
Maps
Contract Info
List Date: 2019-02-08
List Price: $1,690,000
List Price/SqFt: 31.47
Current Price: $1,300,000
Sub-Type: Industrial
Location
Area: 02 - Bay County - Central
Street #: 722/724
Street Name: Kraft
State: FL
Zip Code: 32401
County: Bay
Sub Area: 0202 - Bay - Central SE
Subdivision: [No Recorded Subdiv]
Community/Resort: None
Waterfront: No
Parcel ID: 15441-000-000 15443-000-000
Elementary School: Springfield
Middle School: Everitt
High School: Rutherford
Directions: These two parcels are located on Kraft St. between 5th & 10th Street.
Legal Description: These dry, secure warehouses are now available in Panama City, FL. Over 48,000 square feet of warehouse/distribution space is served by multiple roll up doors, one dock high loading platform, delivery height platform that runs along one side and a ramp for forklift access to the parking lot. There is a small office space that could be improved and one bathroom.
General Property Info
List Class: Industrial
Construction Status: Construction Complete
Acreage: 2.65
SqFt - Warehouse: 48330
SqFt Tot Bldg: 53694
Year Built: 1973
Status Change Info
Status: Sold
Under Contract Date: 2019-08-26
Sold Date: 2019-08-26
Sold Price: $1,300,000
Sold Price/SqFt: 24.21
Sold Price/Acre: 490566.04
Industrial
# Ground Level Doors: 6
Sprinklers?: Yes
Price P/SqFt: 34.97
Property Features
Financing: Conventional
Present Zoning: Commercial
Utilities: All Utilities
Listing Office: Coldwell Banker Realty
Last Updated: October - 04 - 2024
Information deemed reliable but not guaranteed.