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Waterfront Office Building
For Lease
$25 SF/Yr

220 Mckenzie Avenue, Panama City, FL 32401

CommercialLease, Panama City, FL

Space Size10,157 SF
Lot Size1.10 Acres
Days on Market148

Property Features for 220 Mckenzie Avenue

General Information

Property type Commercial Lease
Property subtype Office
Zoning description General Commercial, City
Accessibility Accessible Approach with Ramp
Subdivision No Named Subdivision
Elementary school Cherry Street
Middle school Jinks
High school Bay
Directions From Harrison Avenue, take E. 4th Street toward the Bay County Courthouse, turn right (south) on McKenzie Avenue to the end. The Barron & Redding Law Office is on the left.
Standard status Active
APN 20156-000-000
Size 10,157 SF
Lot size 1.10 Acres

Taxes and HOA fees

Tax Description 9 4S 14W -3- 70A BEG 200' E, 10' S, 100' E, 60' S, 25' E OF NW COR OF NW1/4 OF SW1/4 OF SEC FOR POB TH S 118.75' SE 150' SE 105' TO WATERS EDGE TH ELY & NLY ALG WATERS EDGE 460' M/L TH W 215' M/L TO POB. ORB 1059 P 1296 ORB 1336 P 1588
Legal Description 9 4S 14W -3- 70A BEG 200' E, 10' S, 100' E, 60' S, 25' E OF NW COR OF NW1/4 OF SW1/4 OF SEC FOR POB TH S 118.75' SE 150' SE 105' TO WATERS EDGE TH ELY & NLY ALG WATERS EDGE 460' M/L TH W 215' M/L TO POB. ORB 1059 P 1296 ORB 1336 P 1588

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Water front 1

Amenities

waterfront
dock
pier
landscaping

Building Details

Year built 1986
Floors in Building 2
Number of units 1
Building materials Brick, BrickVeneer, Concrete
Roof type Shingle
Listing Agency: Counts Real Estate Group Inc
Listed By: Chris S McCall · License #0666647
Added: May 22 Changed: Sep 13 Last Checked: Oct 16 at 8:06AM
MLS# 790258

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.

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Investment Insights

Based on property information with market context.

This 10,157-square-foot, two-story office building offers a highly configured professional layout with 18 private offices, 2 conference rooms, a law library, reception, administrative workspace, and a large breakroom. Brick veneer and concrete construction complement extensive wood detailing throughout the interior. The building was completed in 1986 and renovated in 2019 with storm-rated impact windows and doors, a new roof, updated HVAC systems, and new flooring.

Set on 1.1 acres along Massalina Bayou, the property includes approximately 550 linear feet of waterfront. An existing submerged land lease supports deep-water dock space, including a large pier and wooden dock designed for several large boats. The Bay County Courthouse is less than 300 feet away on McKenzie Avenue. Mature oak trees, public sewer, and an accessible ramp are also part of the property.

Key Highlights

  • 10,157 square foot, two‑story office building on 1.1 acres
  • 18 private offices, 2 conference rooms, law library, reception, and administrative workspace
  • +/-550 linear waterfront feet on Massalina Bayou

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

1,638
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
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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

Frequently Asked Questions

What type of property is this?
Office building - Two-story professional property with private offices, conference rooms, library, reception, and administrative workspace.
Where is this office building located?
The property is located at 220 Mckenzie Avenue 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: 10,157 square foot, two‑story office building on 1.1 acres; 18 private offices, 2 conference rooms, law library, reception, and administrative workspace; +/-550 linear waterfront feet on Massalina Bayou
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