Search
Historic Corner Retail Building Available
For Lease
Contact for pricing

485 Harrison Ave, Panama City, FL

Prominent historic retail building in downtown Panama City for lease.

Space Size2,500 SF - 12,700 SF
Lot Size0.19 Acres
Days on Market364

Property Features for 485 Harrison Ave

General Information

Standard status Active
Size 2,500 SF - 12,700 SF
Lot size 0.19 Acres
Property subtype RETAIL

Spaces For Lease

at 485 Harrison Ave Contact us

485 Harrison Ave

Floor
1
Size
2,500 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- 485 Harrison Avenue offers a rare opportunity to lease a prominent historic retail...
show more
Contact us

485 Harrison Ave $15/SF/Yr

Floor
Bldg
Size
12,700 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- 485 Harrison Avenue offers a rare opportunity to lease a prominent historic retail...
show more
Contact us
Listing Agency: Five Bridges Real Estate Services
Listed By: Kevin Wattenbarger, CCIM · License ##BK3424407
Source: Moodyscre
Added: Aug 26, 2025 Changed: Aug 8 Last Checked: Aug 8 at 5:06AM

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 Five Bridges Real Estate Services

Investment Insights

Based on property information with market context.

Located at the corner of Harrison Avenue and 5th Street in downtown Panama City, the property at 485 Harrison Avenue offers a leasing opportunity in a historic retail building. The two-story building has a total area of approximately 12,700 square feet. The building is located steps from government offices, banks, restaurants, and waterfront amenities. The former drugstore has vintage charm, expansive storefront windows, and flexible configurations. Space options being considered include: the full building with approximately 12,700 square feet, including approximately 8,608 square feet on the ground floor and approximately 4,098 square feet upstairs, the ground floor only with approximately 8,608 square feet, or a multi-tenant ground floor concept with suites ranging from approximately 2,500 to approximately 6,000 square feet. The full building option is suited for a flagship retail or mixed-use concept. The ground floor features high ceilings, an open retail floorplate, and natural light, making it suitable for a retail showroom, food or beverage establishment, or gallery. The multi-tenant ground floor concept proposes a three-suite layout, each with direct exterior access and storefront exposure, ideal for boutique shops, local service providers, or small food and beverage operators. The building benefits from foot traffic, visibility, and proximity to downtown attractions, located four blocks from the marina and within walking distance of shops and businesses. It anchors Historic Downtown Panama City's main street.

Key Highlights

  • Prime corner location at Harrison Avenue & 5th Street in Historic Downtown Panama City.
  • Flexible floorplan options: full building, single floor, or multi‑tenant suites.
  • High visibility with large storefront windows ideal for display and branding.

Property Analytics

Current Use

Harris Business Machines, ... Computer & Electronic Repair

Suggested Use

Top Pick Bakery Garden Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Locksmith Gym & Fitness 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.

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,511
Businesses Nearby
15k
Monthly Visits Nearby

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

Market

Lease Benchmarks for Panama City, FL

$19.33 /SF/Yr
Avg Asking Price
$9.38–$65.72 /SF/Yr
Price Range
21,653 SF
Avg Space Size

This space is priced 22% below the average of $19.33 /SF/Yr.

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Prominent historic retail building in downtown Panama City for lease.
Where is this retail space located?
The property is located at 485 Harrison Ave Panama City, FL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Prime corner location at Harrison Avenue & 5th Street in Historic Downtown Panama City.; Flexible floorplan options: full building, single floor, or multi‑tenant suites.; High visibility with large storefront windows ideal for display and branding.
(850) 532-5454 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message