2800 E 5th Street, Panama City, FL 32401

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Sold Price
$395,000
List Price
$499,000

Property Description

Substantial price reduction for 'As Is' sale. Commercial development opportunity in Panama City, Florida. Property consists of 1.889 acres with approximately 200 feet of frontage on US Business HWY 98. Sale includes building shell ''As Is'' which is approximately 18,000 square feet, concrete wall construction with cement re-enforcement, and possible 12 feet clear ceiling height. (Building currently does not have a roof). The building shell and large parking area offers ample space for various development ventures. The building's expansive dimensions of 120' x 150' provide abundant room for many uses, allowing you to design the space according to your specific needs. Property is zoned General Commercial 2, Panama City. Please consult Gateway Overlay District Standards for specific use requirements).The Seller, a licensed Florida general contractor, offers you the unique option to purchase the building ''As Is'' or customize it to your exact specifications for additional costs. In addition to the purchase option, the Seller will consider a lease opportunity at $8.00 NNN delivered with a standard vanilla shell. For tenants seeking a turnkey solution, the Seller is also willing to discuss finish-to-suit options. Don't miss out on this exceptional commercial development opportunity in Panama City, Florida. Whether you're an investor, entrepreneur, or established business, the possibilities are endless. Disclaimer: The information provided is based on public data and is subject to change. Buyers and tenants are advised to conduct their own due diligence and verify all details independently.

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Listing courtesy of Counts Real Estate Group Inc. Selling Office: NON-MEMBER OFFICE.