Panama City Commercial Office
For Sale
$315,000
1148 Jenks Avenue, Panama City, FL 32401
Income-producing commercial office space in a prime Panama City location.
Property Size1,868 SF
Lot Size0.16 Acres
Price / SF$168.63
Days on Market719
Property Features for 1148 Jenks Avenue
General Information
Standard status
Active
Size
1,868 SF
Lot size
0.16 Acres
Property subtype
Commercial
Building Details
Year Built
1940
Listing Agency:
HITCHCOCK REAL ESTATE LLC
(850) 481-0095
Listed By:
BRENTON HITCHCOCK
(850) 738-5002
Source:
Corcoran
Added: Oct 22, 2024
Changed: Oct 7
Last Checked: Oct 9 at 8:25PM
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 HITCHCOCK REAL ESTATE LLC
Investment Insights
Based on property information with market context.
This commercial office space is located at 1148 Jenks Ave in Panama City, FL. The property, with a total area of 1868 square feet, is zoned for commercial use and is currently income-producing. The building features a layout designed for a variety of professional uses, with 6 offices and 2 bathrooms. Ample on-site parking is available for tenants and clients. The property benefits from convenient access to major roads and downtown Panama City. The exterior is well-maintained, contributing to its professional curb appeal. Leased by reliable tenants, this property offers an immediate revenue stream. Its central location in Panama City's business district makes it desirable for current and future tenants. The property's value is poised for appreciation, offering long-term investment potential.
Key Highlights
- Income‑Producing: Leased to reliable tenants, providing immediate and consistent revenue stream.
- Prime Location: Centrally located in Panama City's business district with convenient access to major roads and downtown.
- Commercial Zoning: Suitable for a variety of professional uses.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,287
Businesses Nearby
Explore this area
Business Placement
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 Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Income-producing commercial office space in a prime Panama City location.
Where is this office building located?
The property is located at 1148 Jenks Avenue Panama City, FL.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Income‑Producing: Leased to reliable tenants, providing immediate and consistent revenue stream.; Prime Location: Centrally located in Panama City's business district with convenient access to major roads and downtown.; Commercial Zoning: Suitable for a variety of professional uses.
