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

436 Harrison Ave Unit 400, Panama City, FL 32401

Elevated commercial space with utility connections and access via two staircases and an elevator.

Property Size26,400 SF
Price / SF$41.67
Days on Market96

Property Features for 436 Harrison Ave Unit 400

General Information

Standard status Active
Size 26,400 SF
Property subtype Commercial

Additional Details

Utilities to Site Yes

Building Details

Year Built 1939
Construction poured concrete
Listing Agency: Counts Real Estate Group Inc
Listed By: Chris S McCall · License #0666647
Source: Panhandlehomelistings
Added: Jul 6 Changed: Oct 1 Last Checked: Oct 7 at 12:57PM

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 Counts Real Estate Group Inc

Investment Insights

Based on property information with market context.

The rooftop of the Mashburn Building offers approximately 6,000 square feet for restaurant or bar development. Access is provided by two staircases and one elevator. The underlying structure uses poured concrete from the foundation through the roof, with additional steel reinforcement installed in recent years. Its design can support multiple stories, including potential residential construction above a commercial concept.

Major utilities needed for a restaurant, bar, or additional residential units are stubbed to the rooftop for connection. Preliminary plans for a rooftop restaurant and bar are available for reference, subject to completion by a licensed architect and structural engineer. The elevated position provides views extending across downtown Panama City and toward the Hathaway Bridge, Saint Andrews, Thomas Drive, Front Beach Road, Tyndall Air Force Base, and Callaway. Shared downtown parking is available for the project and its customers.

Key Highlights

  • Approximately 6,000‑square‑foot rooftop available for restaurant or bar development
  • Poured‑concrete construction with additional steel reinforcement installed in recent years
  • Access includes two staircases and one elevator

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Elevated commercial space with utility connections and access via two staircases and an elevator.
Where is this conventional restaurant located?
The property is located at 436 Harrison Ave Unit 400 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‑foot rooftop available for restaurant or bar development; Poured‑concrete construction with additional steel reinforcement installed in recent years; Access includes two staircases and one elevator
More about this property
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