Multi-Tenant Flex
For Sale
Contact for pricing
Pending
2003 N East Avenue, Panama City, FL 32405
Three renovated flex buildings provide leased office and retail space plus a warehouse building with vacant and A/C’d units.
Property SizeContact for details
Days on Market130
Property Features for 2003 N East Avenue
General Information
Standard status
Pending
Property subtype
Industrial
Building Details
Tenancy
Multi
Listing Agency:
Bluewater Commercial LLC
(850) 527-1885
Listed By:
Chris Hine · License #3073035
Source:
Crexi
Added: Apr 11
Changed: Aug 14
Last Checked: Aug 18 at 10:58AM
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 Bluewater Commercial LLC
Investment Insights
Based on property information with market context.
This for-sale flex portfolio consists of three separate office, retail, and warehouse buildings offered in a configuration suitable for an owner-operator. The properties are described as recently renovated and include multiple income-producing spaces as well as vacancies. The office building is leased to Stantec Engr (2,850 sf) at $1,875 per month plus utilities, with the tenant in its 4.5th year and the current schedule noting a 4th 6-month extension. A retail building includes Superdome Barbershop (1,400 sf) at $700 per month plus utilities, currently in year 2 of a 3-year lease with two one-year options, and JCCL Stone (2,000 sf) in a $1,500 per month plus utilities arrangement with a 1-year term and a 1-year option.
The warehouse building is described as vacant and includes JCCL (3,000 sf) at $1,500 per month plus utilities with a 1-year lease term and a 1-year option, along with two separate 1,500 sf A/C’d spaces. One of the A/C’d spaces is occupied by Maldenado Cabinets at $800 per month, and that space is noted as having woodworking tools. The portfolio is located at 2003 N East Avenue, Panama City, FL 32405.
The warehouse building is described as vacant and includes JCCL (3,000 sf) at $1,500 per month plus utilities with a 1-year lease term and a 1-year option, along with two separate 1,500 sf A/C’d spaces. One of the A/C’d spaces is occupied by Maldenado Cabinets at $800 per month, and that space is noted as having woodworking tools. The portfolio is located at 2003 N East Avenue, Panama City, FL 32405.
Key Highlights
- 3 renovated office/retail/industrial flex buildings—leased office and retail plus a warehouse building with vacant, A/C’d space
- Office building: 2,850 SF leased for $1,875/mo + utilities; tenant listed as Stantec Engr (4.5 years) with a 4th 6‑month extension
- Retail building: 1,400 SF leased to Superdome Barbershop for $700/mo + utilities; in year 2 of a 3‑year lease with two 1‑year options
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
330
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32405, FL
28,158
Population
13,585
Households
2.1
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
18.8 sq mi
ZIP Area
1,498
Density / Sq Mi
$71,002
Median Household Income
$41,867
Median Earnings
$1,418
Median Rent
$255,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Open Water Catering — 2323 E 16th Ct, Panama City, FL 32405
Frequently Asked Questions
What type of property is this?
Flex space - Three renovated flex buildings provide leased office and retail space plus a warehouse building with vacant and A/C’d units.
Where is this flex space located?
The property is located at 2003 N East Avenue Panama City, FL.
What are key features of this property?
This property features: 3 renovated office/retail/industrial flex buildings—leased office and retail plus a warehouse building with vacant, A/C’d space; Office building: 2,850 SF leased for $1,875/mo + utilities; tenant listed as Stantec Engr (4.5 years) with a 4th 6‑month extension; Retail building: 1,400 SF leased to Superdome Barbershop for $700/mo + utilities; in year 2 of a 3‑year lease with two 1‑year options
