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Renovated Mixed-Use Commercial Opportunity
For Sale
$2,180,000

5420 Hickory St, Panama City, FL 32404

21,184 sq ft mixed-use property in Panama City, FL.

Property Size21,184 SF
Lot Size2.50 Acres
Price / SF$102.91
Days on Market229

Property Features for 5420 Hickory St

General Information

Standard status Active
Size 21,184 SF
Lot size 2.50 Acres

Building Details

Year Built 1988
Listing Agency: Legacy Premier Agency
Listed By: Kurt Fadden
Source: Bemajorteam
Added: Mar 5 Changed: Oct 6 Last Checked: Oct 7 at 5:44PM

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 Legacy Premier Agency

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Investment Insights

Based on property information with market context.

This commercial property in Panama City, FL, offers 21,184 sq ft of space under roof on a 2.5-acre lot. Zoned for mixed use, the property is suitable for a variety of businesses. It has been fully renovated post-hurricane and features a new 24-gauge standing seam metal roof. The building is constructed with red iron clear span beams, allowing for easy interior modifications. The interior includes multiple reception areas, executive offices, and a kitchenette. The open footprint of the building allows for a wide range of uses for a multitude of businesses. A separate entrance on the left side allows for potential subletting. The parking lot accommodates 4 spaces per 1000 sq ft with room to expand. All utilities are easily accessible, and open roof access allows for modifications.

Key Highlights

  • 21,184 sq ft of under roof space on a 2.5‑acre lot provides ample space.
  • Zoned for mixed use, offering flexibility.
  • Fully renovated post‑hurricane with a new 24‑gauge standing seam metal roof.

Property Analytics

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Current Use

Impact Promotions Event Planning

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Spa & Massage Center 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.

Location Intelligence

Trade Area within ½ mile

367
Businesses Nearby

Demographics for 32404, FL

38,186
Population
18,053
Households
2.1
Avg Household Size
40
Median Age
21%
College-Educated
87%
High-School Grad
135.1 sq mi
ZIP Area
283
Density / Sq Mi
$72,208
Median Household Income
$38,701
Median Earnings
$1,355
Median Rent
$239,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - 21,184 sq ft mixed-use property in Panama City, FL.
Where is this mixed-use property located?
The property is located at 5420 Hickory St Panama City, FL.
What is the asking price?
The asking price for this property is $2,180,000.
What are key features of this property?
This property features: 21,184 sq ft of under roof space on a 2.5‑acre lot provides ample space.; Zoned for mixed use, offering flexibility.; Fully renovated post‑hurricane with a new 24‑gauge standing seam metal roof.
More about this property
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