5102 Bay Dr Panama City, FL 32401
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 5102 Bay Dr
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This unique Panama City property, a former bookstore, presents a prime opportunity for office or retail use. Located on the Florida State University and Gulf Coast State College campus, this building offers unparalleled visibility and accessibility. Situated within a quarter-mile of Panama City Port, the Naval Base, and both college campuses, this is the only privately held building on the campus. The property features ample parking, an elevator, and is ADA compliant, including two designated handicap parking spaces. The space is currently available for lease as a whole, although the owner may consider subdividing the space for multiple tenants. A multi-year lease is preferred, with a minimum one-year lease term. The property's versatile layout and prime location make it ideal for a variety of businesses seeking high visibility and convenient access to a large student and community population. The building's traditional office space can be easily adapted to suit the needs of creative office tenants. This is a rare opportunity to secure a highly desirable location in a thriving area. The property is classified as both retail and office space, offering flexibility for potential tenants. The building is located at 5102 N Bay Dr, Panama City, FL 32401 in Bay County.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Panama City
- County
- Bay
- State
- Florida
- Longitude
- -85.7253
- Latitude
- 30.1888
