2025 W 15th Street, Panama City, FL 32401

$1,200,000

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List Price
$1,200,000
Status
ACTIVE
MLS#
795376
Subtype
Commercial Sale
Year Built
1981
Lot Size
15,246
Acres
0.35
Subdivision
[No Recorded Subdiv]
Neighborhood
Bay - Central SW
MLS Area Major
Bay County - Central

Property Description

Investment opportunity at 2025 W 15th Street in Panama City! This established gas station and convenience store property is situated along the highly traveled W 15th Street commercial corridor and is being offered as a fully leased, income-producing commercial investment. The property is currently operated as a gas station and convenience store under a long-term commercial lease with an additional tenant renewal option. The lease structure places responsibility for applicable property taxes, insurance, assessments, and extensive repairs and maintenance on the tenant, including major building components. This provides an attractive opportunity for an investor seeking an established fuel and convenience store location, commercial frontage, long-term tenancy, and future appreciation potential. Buyer to independently verify all lease terms, environmental matters, zoning, property condition, and other information material to the purchase.

Additional Information

Zoning
General Commercial
Roof
Flat
Elementary School
Northside
Middle School
Jinks
High School
Bay

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Calculator source: Real Geeks

Listing courtesy of Overstreet Realty.