Downtown Office Suite in Multi-Tenant
For Lease
Contact for pricing
460 Grace Avenue Panama, Panama City, FL 32401
Professional office suite in a multi-tenant downtown building with parking nearby and a central civic/post-office area setting.
Space SizeContact for details
Property Size1,522 SF
Days on Market58
Property Features for 460 Grace Avenue Panama
General Information
Standard status
Active
Size
1,522 SF
Class
B
Property subtype
Multi Tenant Office
Building Details
Building Size
1,522 SF
Year Built
2020
Listing Agency:
Five Bridges Real Estate Services Co.
(850) 532-5454
Listed By:
Kevin Wattenbarger, CCIM · License ##BK3424407
(850) 532-5454
Source:
Thebrokerlist
Added: Jun 28
Changed: Aug 14
Last Checked: Aug 24 at 3:11AM
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 Five Bridges Real Estate Services Co.
Investment Insights
Based on property information with market context.
This offering is for one office suite at 460 Grace Avenue within Town Centre Offices, a multi-tenant professional complex. The available space is 1,522 square feet. The property is presented as an office setting with a shared, managed environment and a tenant base that includes several established professional organizations.
Town Centre Offices is located in historic downtown Panama City, positioned between City Hall and the Downtown Post Office. The complex is on the corner of 5th Street and Grace Avenue and is described as offering waterfront views, along with nearby cultural amenities in the downtown area.
For an office user seeking a centrally situated space in a multi-tenant environment, this suite can fit professional and administrative needs that align with the surrounding office and services tenant mix. Access is supported by on-street parking, as well as large public parking lots located on the north and east sides of the building. The location is positioned to serve customers and staff with convenient downtown access to established businesses and civic destinations.
Town Centre Offices is located in historic downtown Panama City, positioned between City Hall and the Downtown Post Office. The complex is on the corner of 5th Street and Grace Avenue and is described as offering waterfront views, along with nearby cultural amenities in the downtown area.
For an office user seeking a centrally situated space in a multi-tenant environment, this suite can fit professional and administrative needs that align with the surrounding office and services tenant mix. Access is supported by on-street parking, as well as large public parking lots located on the north and east sides of the building. The location is positioned to serve customers and staff with convenient downtown access to established businesses and civic destinations.
Key Highlights
- 2020‑built professional office suite at 460 Grace Avenue with 1,522 SF in a multi‑tenant downtown complex
- Located in central historic downtown Panama City, between City Hall and the downtown Post Office (corner of 5th St and Grace Ave)
- Multi‑tenant office setting with established local professional neighbors, including Raymond James, iHeart Media, Edward Jones, and more
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,511
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
Market
Lease Benchmarks for Panama City, FL
$17.68 /SF/Yr
Avg Asking Price
$5.87–$44 /SF/Yr
Price Range
27,088 SF
Avg Space Size
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Professional office suite in a multi-tenant downtown building with parking nearby and a central civic/post-office area setting.
Where is this office units located?
The property is located at 460 Grace Avenue Panama Panama City, FL.
What are key features of this property?
This property features: 2020‑built professional office suite at 460 Grace Avenue with 1,522 SF in a multi‑tenant downtown complex; Located in central historic downtown Panama City, between City Hall and the downtown Post Office (corner of 5th St and Grace Ave); Multi‑tenant office setting with established local professional neighbors, including Raymond James, iHeart Media, Edward Jones, and more
