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Commercial Property on N East Ave
For Sale
$435,000

922 N East Ave, Panama City, FL 32401

Prime commercial property with frontage on N East Ave.

Property Size2,337 SF
Lot Size1.00 Acre
Price / SF$186.14
Days on Market205

Property Features for 922 N East Ave

General Information

Standard status Active
Size 2,337 SF
Lot size 1.00 Acre

Building Details

Year Built 1954
Listing Agency: Coldwell Banker Realty
Listed By: Tiffany M Davies
Source: Bemajorteam
Added: Mar 26 Changed: Oct 10 Last Checked: Oct 7 at 2:58PM

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 Coldwell Banker Realty

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Investment Insights

Based on property information with market context.

This commercial property features approximately 1 acre of land with 132 feet of frontage on N East Ave. Zoned General Commercial 1, the site includes a 3-bedroom, 1.5-bath residence that could be converted into office or retail space. A 30'x40' metal building is also located on the property, equipped with underground electrical and a 400AMP 3 Phase Circuit Panel. Previously used as a fabrication shop, the metal building has sustained hurricane damage and requires a new roof. Additionally, there is a 10'x12' concrete storage building situated behind the residence. The property offers potential for various developments, including a retail plaza, complex plaza, or storage building. It also features convenient transportation and a well.

Key Highlights

  • 1 Acre +/- Prime Commercial Property with 132' Frontage on N East Ave
  • Zoned General Commercial 1
  • 30'x40' metal building with underground electrical and a 400AMP 3 Phase Circuit Panel**

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Spa & Massage Center Pharmacy Accounting Firm

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

210
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Commercial land - Prime commercial property with frontage on N East Ave.
Where is this commercial land located?
The property is located at 922 N East Ave Panama City, FL.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: 1 Acre +/- Prime Commercial Property with **132' Frontage on N East Ave**; Zoned General Commercial 1; 30'x40' metal building with underground electrical and a 400AMP 3 Phase Circuit Panel**
More about this property
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