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  • Price$1,600,000
  • SQ. Feet11,775
  • Acres0.24
  • Built1950

525 Harrison Avenue, Panama City

Incredible opportunity to take advantage of getting in on the ground floor of the downtown revitalization project. This large 18,249 SF building has both front and rear access with 5 dedicated private parking spots including a loading dock. Currently being used as a dance studio and events facility - there are endless possible uses for this commercial space. The basement is currently used for all storage, the main floor has a large bar area and sitting area next to the ballroom floor. Reception area in the front and offices, kitchen, and bathrooms in the back, along with a smaller dance floor. Upstairs is another large area that will be the secondary dance floor (the owner is in the process of completing the flooring there). Two large dressing rooms with restrooms and showers along with 5 other large rooms (currently being used for storage). Owner is willing to negotiate furniture and equipment.

Essential Information

  • MLS® #741488
  • Price$1,600,000
  • Bathrooms0.00
  • Square Footage11,775
  • Acres0.24
  • Year Built1950
  • TypeCommercial Sale
  • Sub-TypeOther
  • StatusActive

Amenities

  • UtilitiesCable Available, Electricity Available, High Speed Internet Available, Phone Available, Sewer Available, Trash Collection, Underground Utilities, Water Available
  • ViewBay

Exterior

  • ExteriorBlock
  • Exterior FeaturesColumns
  • WindowsDisplay Window(s)
  • ConstructionBlock
  • FoundationSlab

Additional Information

  • Date ListedMay 16th, 2023

Community Information

  • Address525 Harrison Avenue
  • Area02 - Bay County - Central
  • SubdivisionNo Named Subdivision
  • CityPanama City
  • CountyBay
  • StateFL
  • Zip Code32401

Interior

  • InteriorCarpet, Concrete, Hardwood
  • AppliancesElectric Water Heater
  • HeatingCentral, Electric
  • CoolingCentral Air, Electric, Multi Units
  • # of Stories2

School Information

  • ElementaryCherry Street
  • MiddleJinks
  • HighBay

Listing Details

  • Listing OfficeFranklin & Gulf Counties MLS Members

Price Change History for 525 Harrison Avenue, Panama City, FL (MLS® #741488)

Date Details Price Change
Price Reduced (from $1,800,000) $1,600,000 $200,000 (11.11%)
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DISCLAIMER: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Source: Bay County Association Of REALTORS® Multiple Listing Service