- Price$850,000
- Acres0.28
- Built2003
1602 W 23rd Street, Panama City
Net Leased Investment Property. 23rd Street Retail Building, currently leased by Community Bank. The building features an attractive facade with large storefront windows facing 23rd Street, designed to catch eyes and attract customers. High ceilings create an expansive interior, providing for a two-story layout. These architectural elements not only add character but also offer the tenant versatility in utilizing the space.10 surface parking spaces dedicated to the property are available. Moreover, the Tenant maintains an additional off-site parking agreement with neighboring Willow Lake Commercial Center that allows for expanded parking options, making it convenient for Community Bank employees and customers alike.Investment BenefitsLong-term lease with stable, credit tenantLocated on 23rd St Panama City's major retail and commercial stretch High-visibility with landmark retail neighbors. Upside with annual rent increase and net lease structure for pass thru of Operating Expenses.
Essential Information
- MLS® #749206
- Price$850,000
- Bathrooms0.00
- Acres0.28
- Year Built2003
- TypeCommercial Sale
- Sub-TypeRetail
- StatusPending
Interior
- CoolingCentral Air
- # of Stories2
- Stories2
Additional Information
- Date ListedNovember 13th, 2023
Community Information
- Address1602 W 23rd Street
- Area02 - Bay County - Central
- SubdivisionSt. Andrews Bay Dev. Co.
- CityPanama City
- CountyBay
- StateFL
- Zip Code32405
School Information
- ElementaryNorthside
- MiddleJinks
- HighBay
Listing Details
- Listing OfficeFive Bridges Real Estate Services Co. LLC
Price Change History for 1602 W 23rd Street, Panama City, FL (MLS® #749206)
Date | Details | Price | Change |
---|---|---|---|
Pending (from Active) | – | – |
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