307 E 5th Street, Panama City, FL 32401

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Sold Price
$143,000
List Price
$189,000

Property Description

This property is located in the Heart of the Downtown District of Panama City which aligns with the redevelopment and vitality of the downtown area for multiple commercial uses or residential uses. Building consists of a large meeting hall, 2 small offices, and 1 bathroom. With the close proximity of the Bay County Court House and 566-bed Ascension Sacred Heart Hospital this property would be a great fit for a law office or doctors office. With the Commercial DTD zoning of this property the business uses allowed include but not limited to entertainment, restaurant, office, retail use, and residential. New roof, windows and vinyl siding installed in 2017 and withstood Hurricane Michael, Category 5 winds, giving testament to the strength of the 1978 reinforced concrete cinderblock structure and building updates.*Walking Distance to Bay County Court House and 14th Judicial Federal Circuit Court *Walking distance to Harrison Avenue where multiple eateries, coffee shops, tap rooms and breweries, salons and boutiques are the up and coming hot spots of the Downtown District*Locate less than 1-mile to the 566-bed Ascension Sacred Heart Hospital*Commercial DTD Zoning

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Listing courtesy of NAI TALCOR. Selling Office: NAI TALCOR.