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Rooftop Restaurant Opportunity
New
For Sale
$1,100,000

436 Harrison Avenue, Panama City, FL 32401

SINGLE_FAMILY - Panama City, FL

Property Size26,400 SF
Lot Size0.15 Acres
Price / SF$41.67
Days on Market2

Property Features for 436 Harrison Avenue

General Information

Property type Residential
Property subtype Retail
Zoning description City
Accessibility Accessible Elevator Installed
Subdivision No Named Subdivision
Elementary school Cherry Street
Middle school Jinks
High school Bay
Directions From 98 go South on Harrison Ave to Downtown Panama City, the Mashburn Building is on your left
Standard status Active
APN 19553-000-000
Size 26,400 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Description GULF COAST DEV CO PLAT LOT 10 BLK 2 ORB 4632 P 12
HOA Fee $2,252 Quarterly
Legal Description GULF COAST DEV CO PLAT LOT 10 BLK 2 ORB 4632 P 12

Utilities

Sewer type Public Sewer

Amenities

staircases
elevator

Building Details

Year built 1939
Floors in Building 4
Building materials Concrete
Roof type Membrane
Listing Agency: Counts Real Estate Group Inc
Listed By: Chris S McCall · License #0666647
Added: Aug 18 Last Checked: Aug 19 at 1:06AM
MLS# 794261

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.

The rooftop of the Mashburn Building offers approximately 6,000 square feet for a restaurant or bar concept. Access includes two staircases and an elevator, while major utilities needed for restaurant operations or additional residential units are stubbed to the roof. The underlying structure is poured concrete from foundation through roof and includes added steel reinforcement. The building dates to 1939 and has a membrane roof.

Located at 436 Harrison Avenue in downtown Panama City, the rooftop overlooks a wide portion of the Florida Panhandle, with views extending toward Hathaway Bridge, Saint Andrews, downtown, Thomas Drive, Front Beach Road, Tyndall Air Force Base, and Callaway. Shared downtown parking is available for the project, and the property information states that no stormwater or parking requirements are needed. Preliminary rooftop restaurant and bar concept plans are also available for reference, subject to final architectural and structural design.

Key Highlights

  • Approximately 6,000 square feet of rooftop space
  • Poured‑concrete structure with added steel reinforcement
  • Two staircases and one elevator provide rooftop access

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Bakery Garden Center (Bike/Boat/Book/etc) Store Storage Facility Cafe & Coffee Shop Locksmith

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,511
Businesses Nearby
15k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 57% Hotels & Casinos 39% Home Improvements & Furnishings 4%
Hotel Indigo Hotels & Casinos
6,030 visits/mo 0.3 miles
Dollar General Shops & Services
3,443 visits/mo 0.1 miles
Family Dollar Shops & Services
2,704 visits/mo 0.2 miles
Regions Bank Shops & Services
2,560 visits/mo 0.4 miles
City Electric Supply Home Improvements & Furnishings
544 visits/mo 0.3 miles

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Elevated commercial space with restaurant utilities, elevator access, and broad views across Panama City and the Florida Panhandle.
Where is this conventional restaurant located?
The property is located at 436 Harrison Avenue Panama City, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Approximately 6,000 square feet of rooftop space; Poured‑concrete structure with added steel reinforcement; Two staircases and one elevator provide rooftop access
More about this property
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