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Retail/Office Space on Jenks Avenue
For Lease
$2,500/Mo
Pending

110 W 12th Street, Panama City, FL 32401

Commercial property suitable for retail or office use in Panama City.

Space SizeContact for details
Days on Market357

Property Features for 110 W 12th Street

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 1950
Listing Agency: COUNTS REAL ESTATE GROUP INC
Listed By: DANIEL DUNNIVANT
Source: Corcoran
Added: Aug 19, 2025 Changed: Jul 6 Last Checked: Jul 23 at 7:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COUNTS REAL ESTATE GROUP INC

Investment Insights

Based on property information with market context.

This commercial property, located on Jenks Avenue and 12th Street, offers 1,196 square feet of space suitable for various business uses, including retail and professional offices. The building also features approximately 168 square feet of additional enclosed, heated, and cooled space. The layout includes large open rooms, a kitchen/break room area, and two bathrooms. The property benefits from updated HVAC with additional tonnage for cooling, and a replaced roof. The lot measures 75' x 140', providing a large outdoor area suitable for additional parking or other uses. The property has direct frontage on Jenks Avenue and access on 12th Street, ensuring excellent accessibility. Zoned Mixed Use 4 by the City of Panama City, this property is available for immediate lease.

Key Highlights

  • 1,196+ sq ft of versatile space ideal for retail or professional offices.
  • Excellent accessibility with frontage on Jenks Avenue and access on 12th Street.
  • Updated HVAC system with additional tonnage for optimum cooling.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Plumbing Service Auto Repair Shop Kitchen & Bath Showroom Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.76 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,221
Businesses Nearby

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

Market

Lease Benchmarks for Panama City, FL

$18.86 /SF/Yr
Avg Asking Price
$9.38–$65.72 /SF/Yr
Price Range
18,006 SF
Avg Space Size

This space is priced 33% above the average of $18.86 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Commercial property suitable for retail or office use in Panama City.
Where is this retail space located?
The property is located at 110 W 12th Street Panama City, FL.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: 1,196+ sq ft of versatile space ideal for retail or professional offices.; Excellent accessibility with frontage on Jenks Avenue and access on 12th Street.; Updated HVAC system with additional tonnage for optimum cooling.
More about this property
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