118 N Berthe Avenue, Panama City, FL 32404

$110,000

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Sold Price
$110,000
List Price
$135,000
Closing Date
Sep 23, 2024
MLS#
748671
Acres
0.74
Lot Size
32,365
Subdivision
No Named Subdivision

Property Description

Discover the potential of this exceptional commercial property strategically situated at the dynamic intersection of N Berthe Avenue and Cherry Street in Panama City. Boasting a Commercial 1 zoning designation, this 0.74-acre lot offers endless possibilities for a range of commercial enterprises. With 180 feet of frontage on both N Berthe Avenue and Cherry Street, visibility and accessibility are guaranteed. Key Features: Unbeatable Location: Located at a bustling intersection, this property offers maximum visibility and exposure, benefitting from an annual average daily traffic of 4,400 vehicles on N Berthe Avenue and 5,500 vehicles on Cherry Street. Zoning Flexibility: The Commercial 1 zoning permits a wide variety of uses, including retail spaces of less than 30,000 square feet, convenience stores, gas stations, laundromats, day care centers, and more. Ample Space: With 0.74 acres at your disposal, you have the freedom to design and construct your commercial vision, whether it's a new development or adaptive reuse. Flood-Free Zone: Rest easy knowing that this property is not located in a flood zone, mitigating concerns related to weather-related issues. Don't miss this golden opportunity to secure a strategically positioned commercial property in Panama City.

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Listing courtesy of Keller Williams Success Realty. Selling Office: CENTURY 21 Commander Realty.