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1138 Coastal Hwy Dr Panacea, FL 32346

For Sale
$249,000

Prime Coastal Hwy Location, Versatile Space

Property size:
659 SF

Description

Added:
Feb 3, 2025
Days on Market:
307
This exceptional commercial property, situated at 1138 Coastal Highway Drive in Panacea, Florida, presents a unique investment opportunity. Boasting a generous 659 square feet of interior space, the building is ideally positioned on a double lot totaling 0.23 acres, providing ample room for expansion or outdoor activities. The property benefits from excellent road frontage directly on US Highway 98 (Coastal Highway), ensuring high visibility and accessibility for any business. The building itself features two convenient bay doors, perfect for loading and unloading, along with a car lift and dedicated storage space, catering to a variety of commercial uses. Adding to its versatility, the property includes a self-contained studio apartment comprising one bedroom and one bathroom, offering potential for additional income or on-site accommodation. The asking price is $249,000. This property's combination of prime location, versatile space, and additional residential unit makes it an attractive proposition for entrepreneurs seeking a thriving business environment in a desirable coastal setting. The high traffic count on US Highway 98 ensures significant exposure, while the ample space and features provide flexibility for a wide range of commercial ventures. This is a rare opportunity to acquire a well-located and functional commercial property with significant upside potential.

Property Features for 1138 Coastal Hwy Dr

General Information

Property type
Other commercial real estate
Square Feet
659 SF
Lot Size
10,019 SF

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Panacea
County
Wakulla
State
Florida
Longitude
-84.39175
Latitude
30.02018

FAQs

What type of property is this?
Commercial real estate - Prime Coastal Hwy Location, Versatile Space
Where is this commercial real estate located?
The property is located at 1138 Coastal Hwy Dr Panacea, FL.
What is the asking price?
The asking price for this property is $249,000.
More about this property
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