1900 N East Avenue, Panama City, FL 32405
COMMERCIAL - Panama City, FL
- Added:
- Apr 1, 2026
- Days on Market:
- 79
- Last Refresh:
- Jun 18 at 7:06 am
Property Features for 1900 N East Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 14818-050-000
- Size
- 3,375 SF
- Lot size
- 0.31 Acres
Taxes and HOA fees
- Tax Description
- 35 3S 14W -11.16- ST AND BAY DEV CO PLAT BEG 112.5' N & 550' W OF SE COR LOT 57 TH W 122.68' N 112.5' E 123.38' S 112.5' TO POB ORB 3408 P 2161
Building Details
- Year built
- 1990
- Flooring type
- Concrete
- Building materials
- AluminumSiding
- Roof type
- Flat
Listing agent Kim R Johnson License #SL 3569360 (850) 819-3296
Listing office Think Real Estate 2810 Martin Luther King Jr. Bl Suite C, Panama City Beach, FL (850) 270-4200
Listing date Apr 1, 2026
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime commercial location in the heart of Panama City/Bay County with high traffic and excellent accessibility.
- Move‑in ready, turnkey facility with service bays suitable for various businesses.
- Functional workspace of 3,375 square feet on a .31‑acre lot.
- 123 feet of frontage providing excellent exposure.
- Ideal for owner‑operators, expanding businesses, or investors.
- Thoughtfully laid out shop with space for equipment, customer service, and office.
Overview
Located at 1900 N East Avenue in Panama City, Florida (Bay County), the property’s frontage is positioned to provide exposure for an active automotive or related services business. The listing also emphasizes convenient accessibility for customers and workflow efficiency for an owner-operator or operating team.
This layout can work well for owner-operators who need a service-focused facility with room for staff and work equipment, along with an office for scheduling and basic administration. It may also fit investors seeking a turnkey commercial building with specialized improvements already in place, particularly for automotive, repair, or other service-oriented uses consistent with a bay-equipped shop configuration.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.8k | $18.00 |
| − Vacancy | −$5.2k | −$1.53 |
| EGI | $55.6k | $16.47 |
| − OpEx | −$16.7k | −$4.94 |
| NOI | $38.9k | $11.53 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Graham's Auto Repair LLC — 3505 St John St, Panama City, FL 32401
- Armstrong Upholstery — 2135 E 3rd St, Panama City, FL 32401
- The Shop — 116 N Church Ave, Panama City, FL 32401
- Fast and Friendly Auto Repair — 3309 E 2nd Plaza, Panama City, FL 32401
- Brians Shop — 3218 E 3rd St, Panama City, FL 32401
Location Insight
- Map
- Local Demand
- City
- Panama City
- County
- Walton
- State
- Florida
- Longitude
- -85.624588
- Latitude
- 30.182618
