Active

1602 Martin Luther King Boulevard

Panama City FL, 32405

$1,400,000


Active

Commercial

This property is a perfect location for any construction services, industrial services, or a manufacturing business. This is a 1.86 acre fenced in lot with an electric security gate. Property is conveniently located to main roadways including Hwy 231, Hwy 77, Hwy 98 and 23rd St. Highlights include 2875 sq/ft of office and 4257 sq/ft of warehousing, asphalt slab approx. 162' x 162', with plenty of greenspace, and extra auxiliary storage buildings. There is available access to MLK Blvd and to Louisiana Ave. The property provides approx. 345 feet of main road frontage off of MLK Blvd. Lot is Industrial commercial zoning. Recently renovated Office building includes: 5 offices, 3 bathrooms, a kitchenette, and reception area. Office has a standing seam metal roof from 2022, hot water heater 2022, HVAC 2022. Office also features an icehouse where team members can fill up coolers before going into the field. Wearhouse building has 7 roll up bay doors, 3 of which are 16ft power roll up bay doors. Wearhouse building has a 2019 screw down metal roof. This property features 37 parking spaces with plenty of room for additional parking, as well as plenty of room for additional building and expansion. No detail was spared to make this a functional and efficient commercial use property. Note there is a new survey denoting where a portion of the frontage was sold to DOT, that can be referenced. When the DOT takes over this section, they have agreed to make all necessary repairs and renovations as a remedy.

932920

MLS ID

September 22, 2023

Listed

August 26, 2024

Updated

Map

1602 Martin Luther King Boulevard
Panama City FL, 32405

Other Property Details

Area Name

27 - Bay County


Days on Market

325


Garage

No


View

No


County

Bay


Pool

No

Listing History

Date

Event

Price

8/12/2024

Price change

$1,400,000

-20%

2/24/2024

Price change

$1,750,000

-19%

Courtesy of EXP Realty LLC, The Fadden -Mckelvie Group,
Listing Contact: [email protected] 

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