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$299,000
Est. payment /mo
4,440 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 4,440 sqft
Price per Sqft $67
Subdivision Lake Drive Heights
MLS Listing ID 794085
HOA Y/N No
Year Built 1980
Lot Size 0.660 Acres
Acres 0.66
Property Sub-Type Business
Property Description
**High-Visibility Highway 98 Commercial Redevelopment Opportunity** Excellent commercial redevelopment opportunity on approximately 0.65 acres with an impressive 175 feet of frontage along East Highway 98 in Panama City. This highly visible property currently features two commercial buildings, including a 2,340-square-foot vehicle service building and an approximately 2,100-square-foot building identified by the Property Appraiser as vehicle sales/retail. The site offers extensive concrete parking and a prominent location along a well-traveled commercial corridor, providing excellent exposure for a future development or commercial venture. With substantial highway frontage, existing improvements, ample paved parking, and a strategic Panama City location, this property presents an attractive opportunity for investors and developers looking to redevelop or reposition a high-profile commercial site. The existing buildings may provide potential interim use while plans for redevelopment are explored. Buyer to verify zoning, permitted uses, development potential, dimensions, utilities, and all other property information with the appropriate governmental authorities.
Location
State FL
County Bay
Area 02 - Bay County - Central
Interior
Fireplace No
Exterior
Parking Features Paved
Utilities Available Sewer Available
Roof Type Metal
Private Pool No
Building
Foundation Slab
Schools
Elementary Schools Parker
Middle Schools Everitt
High Schools Rutherford
Others
Tax ID 25347-000-000
Special Listing Condition Listed As-Is
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Listed by Legacy Premier Agency
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