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Downtown Restaurant Space
For Lease
$23 SF/Yr

B-441 Grace Ave, Panama City, FL 32401

Flexible spaces can be leased separately or combined, subject to availability and tenant requirements.

Space Size100 SF - 4,000 SF
Days on Market29

Property Features for B-441 Grace Ave

General Information

Standard status Active
Size 100 SF - 4,000 SF
Net Rentable 100 SF

Space & Availability

Available Space 100-4,000 SF
Divisible Yes

Additional Details

Second-Generation Restaurant Yes
Listing Agency: Five Bridges Real Estate Services Co. LLC
Listed By: Anna N Branch · License #SL3643916
Source: Exprealty
Added: Oct 5 Changed: Oct 31 Last Checked: Nov 1 at 11:15AM

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. LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Restaurant and commercial space is offered in sizes ranging from 100 to 4,000 SF, with multiple configurations available. Select spaces include an existing full commercial kitchen. Individual spaces may be leased separately or combined, depending on availability and tenant requirements.

The property is on Grace Ave in Downtown Panama City, Florida.

Key Highlights

  • Restaurant/commercial spaces range from 100 to 4,000 SF
  • Select spaces have an existing full commercial kitchen
  • Spaces may be leased individually or combined, subject to availability

Property Analytics

Current Use

Conventional restaurants

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
$3.45 /SF/Yr
CAM

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

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Flexible spaces can be leased separately or combined, subject to availability and tenant requirements.
Where is this conventional restaurant located?
The property is located at B-441 Grace Ave Panama City, FL.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Restaurant/commercial spaces range from 100 to 4,000 SF; Select spaces have an existing full commercial kitchen; Spaces may be leased individually or combined, subject to availability
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