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    Climate-Controlled Quonset Industrial Building

    2611 E 6th Street Panama City, FL 32401

    2611 E 6th Street, Panama City, FL, 32401
    $625,000
    For Sale
    Claim this Listing
    $625,000

    COMMERCIAL - Panama City, FL

    Property Size5,000 SF
    Lot Size0.49 Acres
    Price / SF$125
    AddedFeb 18
    Days on Market146
    Last RefreshJul 14 at 1:06 pm

    Property Features for 2611 E 6th Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    22261-000-000
    Size
    5,000 SF
    Lot size
    0.49 Acres

    Taxes and HOA fees

    Tax Description
    10 4S 14W-30-81A BEG 25' W & 592' S OF NE COR OF SEC 10 TH S 130.5' W 113.5' N 130' E 113.5' TO BEG LESS TO HWY ORB 4228 P 655

    Building Details

    Year built
    2005

    Listing agent Thomas Bachelder License #3049278

    Listing office Panhandle Real Estate 2617 W 23rd St Suite A, Panama City, FL

    Listing date Feb 18, 2026

    MLS# 785582

    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.

    Investment Insights

    Based on property information with market context.

    This Quonset-style steel industrial building offers a climate-controlled interior designed to support a range of commercial, automotive, fabrication, woodworking, warehouse, and storage uses. Improvements include spray foam insulation on the walls and roof, epoxy-coated concrete floors, upgraded LED lighting, and a commercial HVAC system for full-building climate control. The interior layout includes a dedicated office area, a kitchenette with cabinetry and workspace, ample storage areas, and an open-span configuration that allows reconfiguration as needs change. The building also features 3-phase power suitable for heavier equipment and machinery, plus a 14' front sliding door for vehicle, equipment, and delivery access.

    The property is located at 2611 E 6th Street in Panama City, Florida, on a 0.49-acre lot.

    Key Highlights

    • Year built 2005: 5,000+/- SF climate‑controlled commercial Quonset‑style steel building with flexible open‑span layout
    • 3‑phase power (suitable for heavy equipment, machinery, and commercial operations) plus a full‑building commercial HVAC system
    • Spray foam insulation on walls and roof for energy efficiency and temperature stability

    Local Financial Insights For Flex RnD

    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 $78.0k $15.60
    − Vacancy −$6.2k −$1.25
    EGI $71.8k $14.35
    − OpEx −$25.1k −$5.02
    NOI $46.6k $9.33
    5,000 SF · lease $15.60/SF/yr · vacancy 8.00% · expense 35.00%

    Alternative Uses

    Best Use
    Flex RnD
    $666.3K
    $583.1K – $777.4K (±1% cap)
    NOI $46,644 @ 7.0% cap · market cap 7.46%
    Second Best
    Warehouse
    $614.2K
    $537.4K – $716.6K (±1% cap)
    NOI $42,995 @ 7.0% cap · market cap 6.88%
    Theoretical Best
    Office A
    $1.26M
    $1.10M – $1.47M (±1% cap)
    NOI $88,020 @ 7.0% cap · market cap 14.08%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Parking Lot & Garage Pharmacy Auto Parts Store HVAC Service Nail Salon Hair Salon Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Flex space - Quonset-style steel industrial building with climate-controlled interior, 3-phase power, and a 14' front sliding door.
    Where is this flex space located?
    The property is located at 2611 E 6th Street Panama City, FL.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: Year built 2005: 5,000+/- SF climate‑controlled commercial Quonset‑style steel building with flexible open‑span layout; 3‑phase power (suitable for heavy equipment, machinery, and commercial operations) plus a full‑building commercial HVAC system; Spray foam insulation on walls and roof for energy efficiency and temperature stability
    Contact an agent
    (850) 866-5577
    We can help!
    Contact an agent
    Thomas Bachelder
    Real Estate License ID: 3049278
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