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Prestigious Law Office Building
For Lease
$25 SF/Yr

220 McKenzie Ave, Panama City, FL 32401

Class A law office building near Bay County Courthouse.

Space SizeContact for details
Lot Size1.10 Acres
Days on Market114

Property Features for 220 McKenzie Ave

General Information

Standard status Active
Lot size 1.10 Acres

Building Details

Year Built 1986
Listing Agency: Counts Real Estate Group Inc
Listed By: Chris S McCall · License #0666647
Source: Bemajorteam
Added: May 27 Changed: Sep 8 Last Checked: Sep 15 at 9:30PM

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 Class A law office building, formerly the Barron Redding Law Office, is available for lease in Panama City. The two-story building, constructed of masonry with brick veneer and large windows, offers 10,157 square feet of space on a 1.1-acre lot. The interior features extensive wood moldings, paneling, and trim, particularly in the attorney's offices, conference rooms, and law library. The layout includes 18 large private offices, 2 conference rooms, a law library, an open office area for paralegals and administration, workspace, a large breakroom, and a reception area. Built in 1986, the building was renovated in 2019 following Hurricane Michael, with upgrades including new storm-rated impact windows and doors, a new roof, new HVAC systems, and new flooring. The property has approximately 550 linear waterfront feet on Massalina Bayou, including a submerged land lease that provides deep-water dock space with a large pier and wooden dock capable of accommodating several large boats. It offers views across Massalina Bayou. The Bay County Courthouse is located less than 300 feet away on McKenzie Avenue. The property features landscaping with mature oak trees.

Key Highlights

  • Prime location adjacent to the Bay County Courthouse with waterfront access on Massalina Bayou.
  • Deep‑water dock space with a large pier capable of accommodating several large boats.
  • Extensive renovations in 2019 including new storm‑rated impact windows and doors, roof, HVAC systems, and flooring.

Property Analytics

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Current Use

Howell Theodore R Law Firm Barron & Redding P.A. Law Firm Roland W. Kiehn Law Firm Fite John M Law Firm

Suggested Use

Top Pick Dental Office Building Supply Storage Facility Garden Center Restaurant Auto Parts Store

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,466
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Panama City, FL

$20.88 /SF/Yr
Avg Asking Price
$15.17–$35.13 /SF/Yr
Price Range
40,496 SF
Avg Space Size

This space is priced 20% above the average of $20.88 /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?
Office building - Class A law office building near Bay County Courthouse.
Where is this office building located?
The property is located at 220 McKenzie Ave Panama City, FL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Prime location adjacent to the Bay County Courthouse with waterfront access on Massalina Bayou.; Deep‑water dock space with a large pier capable of accommodating several large boats.; Extensive renovations in 2019 including new storm‑rated impact windows and doors, roof, HVAC systems, and flooring.
More about this property
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