2110 E 5th Street, Panama City, FL 32401

$70,000

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Sold Price
$70,000
List Price
$100,000
Closing Date
Mar 21, 2024
MLS#
751914
Acres
0.50
Lot Size
21,780
Subdivision
Welch Add

Property Description

Prime Commercial Opportunity right on E Business Highway 98 in the heart of the Central Millville Business District awaits your entrepreneurial vision. With the General Commercial (GC-2) zoning designation, this versatile parcel offers a myriad of possibilities for prospective investors. This half acre corner lot enjoys optimal exposure with a substantial daily traffic count of up to 20,000 vehicles, underscoring its strategic location in the developing business landscape. Conveniently located only minutes from the bustling downtown Panama City and only a few blocks from new, state-of-the-art Snug Harbor boat launch as well as Watson Landings Marina, this locale offers excellent potential. A previous structure, impacted by Hurricane Michael, has been cleared, as well as any previously remaining debris and overgrowth. It is ready and waiting for a new buyer to make it their own. Prospective buyers should verify all information and suitability. Whether you're looking to establish a new business or expand your existing venture, this could be your ideal spot.

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Listing courtesy of Coldwell Banker Realty. Selling Office: NON-MEMBER OFFICE.