4208 W Highway 98 new Save Request In-Person Tour Request Virtual Tour
Panama City,FL 32405
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Bayview Add
MLS Listing ID 779166
HOA Y/N No
Year Built 1947
Lot Size 0.370 Acres
Acres 0.37
Property Description
Prime commercial opportunity located at 4208 W. Highway 98, Panama City, FL 32405, on the northeast corner of W. Highway 98 and High Avenue, featuring 133 feet of frontage on W. Highway 98 and 124 feet of frontage on High Avenue. Formerly known as the Unicorn Motel, this property includes 4,682 square feet of concrete block construction across three buildings: one with six units and one with four units - all studio styled units, and a single stand-alone building. Built in 1947, this property is ready for revitalization. Its General Commercial-2 zoning allows for a wide range of uses, giving new owners the chance to breathe fresh life into a corner site that can serve and enhance the surrounding community. The property sits along one of Panama City's busiest corridors, benefiting from a 41,500 average daily traffic count and strong visibility. Its location, frontage, and zoning create a unique opportunity for investors, developers, or business owners seeking a high-exposure site with significant potential.
Location
State FL
County Bay
Area 02 - Bay County - Central
Interior
Fireplace No
Exterior
Parking Features Paved
Utilities Available Sewer Available,Septic Available,Water Connected
Building
Sewer Public Sewer,Septic Tank
Schools
Elementary Schools Lucille Moore
Middle Schools Jinks
High Schools Bay
Others
Tax ID 28234-000-000
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Listed As-Is