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Versatile Commercial Building For Sale
For Sale
$1,490,000

2209 Thomas Drive, Panama City, FL 32408

Former bank building suitable for office, restaurant, or retail.

Property Size2,430 SF
Price / SF$613.17
Days on Market172

Property Features for 2209 Thomas Drive

General Information

Standard status Active
Size 2,430 SF
Property subtype Commercial

Building Details

Year Built 1985
Listing Agency: Weichert Realtors JBR Legacy Group
Listed By: Steven Bowman
Source: Cthomeseekers
Added: Mar 5 Changed: Aug 23 Last Checked: Aug 22 at 7:59AM

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 Weichert Realtors JBR Legacy Group

Investment Insights

Based on property information with market context.

This commercial property, previously a bank, presents an opportunity for office, restaurant, or retail use. The building features a professional layout with visibility, accessibility, and parking, suitable for businesses seeking a high-profile location. The interior includes square footage, open areas for customer-facing operations, and private offices that can be reconfigured. High ceilings, infrastructure, and an efficient floor plan make the property adaptable for business concepts, from professional offices to dining or retail establishments. The former bank design offers features such as a lobby, secure areas, and construction, allowing for conversion. This property offers the flexibility and visibility to support a corporate office, medical or professional services, a restaurant, or a retail storefront. The property has a size of 2430 square feet.

Key Highlights

  • High‑profile location with excellent visibility, easy access, and ample parking.
  • Adaptable space suitable for office, restaurant, or retail use.
  • Generous square footage with open areas and reconfigurable private offices.

Property Analytics

Current Use

Trinity Motorcar Company ... Car Dealership Trinity motor cars Car Dealership American Lift Company General Contractor

Suggested Use

Top Pick Dental Office Parking Lot & Garage Law Firm (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

379
Businesses Nearby

Demographics for 32408, FL

17,479
Population
17,018
Households
1
Avg Household Size
48
Median Age
39%
College-Educated
96%
High-School Grad
8.6 sq mi
ZIP Area
2,032
Density / Sq Mi
$72,322
Median Household Income
$42,749
Median Earnings
$1,453
Median Rent
$352,400
Median Home Value

Market

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 - Former bank building suitable for office, restaurant, or retail.
Where is this office building located?
The property is located at 2209 Thomas Drive Panama City, FL.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: High‑profile location with excellent visibility, easy access, and ample parking.; Adaptable space suitable for office, restaurant, or retail use.; Generous square footage with open areas and reconfigurable private offices.
More about this property
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