Downtown Panama City Retail
For Lease
Contact for pricing
550 Harrison Avenue Panama, Panama City, FL 32401
Premier retail space in the heart of Downtown Panama City.
Space SizeContact for details
Property Size2,000 SF
Days on Market84
Property Features for 550 Harrison Avenue Panama
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Street Retail
Building Details
Building Size
2,000 SF
Year Built
1970
Listing Agency:
Five Bridges Real Estate Services Co.
(850) 960-3418
Listed By:
Anna Branch
(850) 960-3418
Source:
Thebrokerlist
Added: May 18
Changed: Aug 8
Last Checked: May 18 at 8:06PM
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 Co.
Investment Insights
Based on property information with market context.
Located on Harrison Avenue in Downtown Panama City, this retail space offers a prime opportunity. The storefront benefits from high visibility, strong pedestrian activity, and consistent vehicle traffic. It is surrounded by restaurants, entertainment venues, offices, and growing residential developments. Downtown Panama City hosts frequent festivals, parades, concerts, farmers markets, and community events. The property is suitable for boutique retail, specialty shops, service businesses, cafes, and galleries. The location provides convenient access to Highway 98, 15th Street, the Panama City Marina, and surrounding residential neighborhoods. The property includes a private gated parking lot. Water, sewage, and trash services are included. The location is within walking distance of restaurants, coffee shops, bars, boutiques, governmental offices, and Bay County administrative facilities. Continued redevelopment and investment throughout downtown continue to strengthen the area’s appeal for retailers and service-oriented businesses seeking long-term growth opportunities.
Key Highlights
- Prime retail location directly on Harrison Avenue in the heart of Downtown Panama City.
- Private gated parking lot included with the property.
- High visibility and signage opportunities on a major downtown corridor.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,679
Businesses Nearby
15k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 57%
Hotels & Casinos 39%
Home Improvements & Furnishings 4%
Hotel Indigo
Hotels & Casinos
6,030 visits/mo
0.5 miles
Dollar General
Shops & Services
3,443 visits/mo
0.0 miles
Family Dollar
Shops & Services
2,704 visits/mo
0.2 miles
Regions Bank
Shops & Services
2,560 visits/mo
0.3 miles
City Electric Supply
Home Improvements & Furnishings
544 visits/mo
0.2 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
Lease Benchmarks for Panama City, FL
$19.31 /SF/Yr
Avg Asking Price
$17–$21 /SF/Yr
Price Range
14,531 SF
Avg Space Size
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Late Bloomer Flower Shoppe — 556 Harrison Ave, Panama City, FL 32401
- Hallmark Flower Shoppe — 702 US-98 BUS, Panama City, FL 32401
Frequently Asked Questions
What type of property is this?
Storefront property - Premier retail space in the heart of Downtown Panama City.
Where is this storefront property located?
The property is located at 550 Harrison Avenue Panama Panama City, FL.
What are key features of this property?
This property features: Prime retail location directly on Harrison Avenue in the heart of Downtown Panama City.; Private gated parking lot included with the property.; High visibility and signage opportunities on a major downtown corridor.
