1623 W 15th Street, Panama City, FL 32401

$850,000

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List Price
$850,000
Status
ACTIVE
MLS#
793611
Subtype
Commercial Sale
Year Built
1969
Lot Size
37,461
Acres
0.86
Subdivision
[No Recorded Subdiv]
Neighborhood
Bay - Central SW
MLS Area Major
Bay County - Central

Property Description

Seize the opportunity to own a premier commercial property situated on a high-traffic corner lot along the bustling Highway 98 in Panama City. With 125 feet of prime frontage and a substantial property depth of 300 feet, this CG-2 zoned lot is located in one of the highest volume traffic count areas, boasting an average daily traffic count of close to 40,000. The site covers a little under 1 acre and offers unparalleled visibility and accessibility for any business. The property features a well-appointed lounge interior with a stunning 30-foot solid wood bar that is stained, sealed, and fully equipped with all necessary amenities. The exterior deck area, spanning 1,184 square feet, offers a versatile space for outdoor events or dining. This property also boasts modern infrastructure with significant recent upgrades: the roof was replaced in 2018, one air conditioning unit was replaced in 2021, and the other in 2023. Additionally, the main waterline and sewer line to and from the building were replaced in 2022. This could be an unbelievable redevelopment site, as the majority of the property is cleared. Perfect for retail, office, or service-oriented businesses seeking a high-profile location with substantial amenities, this is a prime opportunity to enhance your business presence in a thriving commercial area.

Additional Information

Flooring
Carpet, Tile
Exterior Construction
Frame, Stucco, Wood Frame
Roof
Composition, Pitched, Shingle
Foundation
Slab
Elementary School
Lucille Moore
Middle School
Jinks
High School
Bay

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Seltzer Real Estate, LLC.