Active
2900 E 5th Street
Panama City FL, 32401
$565,000
$120.93 per sqft
Active
4,672 sqft
Commercial
Built in 1947
Prime Commercial Property located in the heart of Panama City! This versatile property spans 0.33 acres and features two distinct buildings offering incredible investment potential. The first building is a 1,976 sq. ft. restaurant with an approx. 1,242 sq. ft. apartment upstairs, perfect for generating additional rental income or owner-occupied use. The second building is a renovated 1,262 sq. ft. office/retail space, ideal for professional services, boutique retail, or other business ventures.Zoned GC-2 (General Commercial-2), this property is situated within a district designed for neighborhood commercial activities, including retail, professional offices, and service-oriented businesses. With an Annual Average Daily Traffic count of 18,100, your business will benefit from excellent visibility and easy accessibility.Whether you're looking for an investment opportunity or a versatile property for your business, this location offers a unique combination of space, zoning flexibility, and income potential. Don't miss the chance to own this exceptional property in Panama City!
765959
MLSⓇ ID
December 8, 2024
Listed
December 8, 2024
Updated
Map
2900 E 5th Street
Panama City FL, 32401
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.33 Acres
School Information
High School
Rutherford
Elementary School
Parker
Other Property Details
Area Name
02 - Bay County - Central
Garage
No
View
No
County
Bay
Pool
No
Courtesy of ERA Neubauer Real Estate Inc, Heather H Neubauer,
Listing Contact: (850) 774-2832
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Hilary Farnum-Fasth & Jacob Watkins shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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