118 N Berthe Avenue, Panama City, FL 32404

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

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.

Additional Information

Elementary School
Callaway
Middle School
Everitt
High School
Rutherford

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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