Remarks

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!

Details

MLS#: 765959
Price: $565,000

Style: Other
Year Built: 1947

County: Bay
Subdivision: No Named Subdivision

School Elementary: Parker
School Middle: Everitt
School High: Rutherford