Three-Level Retail
For Sale
$1,800,000
551 Harrison Avenue, Panama City, FL 32401
CommercialSale, Panama City, FL
Property Size31,875 SF
Lot Size0.24 Acres
Price / SF$56.47
Days on Market450
Property Features for 551 Harrison Avenue
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
Commercial, City
Accessibility
Accessible Elevator Installed
Subdivision
[No Recorded Subdiv]
Elementary school
Cherry Street
Middle school
Jinks
High school
Bay
Directions
From the intersection of Harrison Avenue and 6th Street go South on Harrison Avenue. The property will be on your right.
Standard status
Active
APN
19721-000-000
Size
31,875 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Description
GCD PLAT LOTS 12,13,14 BLK 18 MAP 92D1
Legal Description
GCD PLAT LOTS 12,13,14 BLK 18 MAP 92D1
Utilities
Sewer type
Public Sewer
Amenities
freight elevator
Building Details
Year built
1959
Listing Agency:
Overstreet Realty
(850) 774-0402
Listed By:
MaryAnn Enfinger · License #BK3037033
(850) 832-5263
Added: Jul 17, 2025
Changed: Aug 19
Last Checked: Oct 9 at 7:06PM
MLS# 776396
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 551 Harrison Avenue in Downtown Panama City, this three-level retail property was built in 1959 and occupies a 0.24-acre site. The building features an open interior arrangement that can support multiple business configurations, with a separate Harrison Avenue entry serving the upper level.
The main floor has two access points: one from Harrison Avenue and another through the alley connected to Grace Avenue. A freight elevator provides vertical service within the building, while an accessible elevator is installed on site. Public parking is available along Harrison Avenue, behind the building, and at a nearby public lot at the end of Harrison Avenue and Old Business 98. The property is served by public sewer.
The main floor has two access points: one from Harrison Avenue and another through the alley connected to Grace Avenue. A freight elevator provides vertical service within the building, while an accessible elevator is installed on site. Public parking is available along Harrison Avenue, behind the building, and at a nearby public lot at the end of Harrison Avenue and Old Business 98. The property is served by public sewer.
Key Highlights
- Three‑level retail building at 551 Harrison Avenue, Panama City, FL 32401
- 0.24‑acre site in Downtown Panama City
- Open‑plan interior with multiple business access points
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,679
Businesses Nearby
15k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 57%
Hotels & Casinos 39%
Home Improvements & Furnishings 4%
Hotel Indigo
Hotels & Casinos
6,030 visits/mo
0.5 miles
Dollar General
Shops & Services
3,443 visits/mo
0.0 miles
Family Dollar
Shops & Services
2,704 visits/mo
0.2 miles
Regions Bank
Shops & Services
2,560 visits/mo
0.3 miles
City Electric Supply
Home Improvements & Furnishings
544 visits/mo
0.2 miles
Demographics for 32401, FL
20,487
Population
10,239
Households
2
Avg Household Size
42
Median Age
20%
College-Educated
86%
High-School Grad
12.5 sq mi
ZIP Area
1,639
Density / Sq Mi
$49,901
Median Household Income
$35,885
Median Earnings
$1,194
Median Rent
$207,000
Median Home Value
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - Open-plan commercial building with multiple entrances, a freight elevator, and access to public parking.
Where is this retail space located?
The property is located at 551 Harrison Avenue Panama City, FL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Three‑level retail building at 551 Harrison Avenue, Panama City, FL 32401; 0.24‑acre site in Downtown Panama City; Open‑plan interior with multiple business access points
