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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