2309 Frankford Avenue Panama City, FL 32405

Two office buildings totaling 3,555 square feet are available for purchase. One building, constructed in 1999 and located at 2309 Frankford Ave, Panama City, FL 32405, is a 1,871-square-foot brick structure currently under a 5-year lease to Pyne Law, generating a monthly income of $3,500 or $42,000 annually. The second brick building, located at 2104 W 23rd St. Panama City FL 32405, offers 1,684 square feet and features five offices, a lobby, a kitchen/break room, men's and women's bathrooms, a copier room, a stock room, and a storage room. It also includes covered parking and a rear entrance to a lockable rear office, making it suitable for a doctor or professional practice. The property benefits from a paved parking lot with ample parking and a high-traffic corner location at a lighted intersection on a main street thoroughfare. Additionally, the property generates $5,000 annually from a digital billboard. An 11.5 KW solar panel photovoltaic system reduces electrical costs to approximately $50 per month. Average property taxes are $421 per month ($5,056 per year), and the Business Owners Policy costs $884 per month ($10,603 per year). WiFi/Internet is included and paid for one year.