2900 E 5th ST Active

Panama City,FL 32401

$ 565000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision No Named Subdivision

MLS Listing ID 765959

HOA Y/N No

Year Built 1947

Lot Size 0.330 Acres

Acres 0.33

Property Sub-Type Other

Property Description

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!

Location

State FL

County Bay

Area 02 - Bay County - Central

Interior

Fireplace No

Building

Entry Level Two

Level or Stories Two

Schools

Elementary Schools Parker

Middle Schools Everitt

High Schools Rutherford

Others

Tax ID 23300-000-000

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Listed As-Is

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