1040 15th St Panama City, FL 32405

This exceptional retail property at 1040 W 15th Street in Panama City, Florida, presents a compelling investment opportunity. Boasting a substantial 5,026 square feet, the building was constructed in 1977 and sits on a generous 0.86-acre (37,461.6 sq ft) corner lot, strategically positioned along a major thoroughfare connecting Highway 231 to the beaches. The property benefits from high visibility and convenient access. Currently configured as a retail store, the space includes approximately 3,631 square feet of heated and cooled area, supplemented by a large covered storage area at the rear. Ample parking is provided with 20 spaces. The lot itself is fenced, measuring approximately 125 feet by 125 feet, offering additional potential for expansion or outdoor uses. The property is zoned GC-2 and enjoys a prime location adjacent to a major anchor tenant, U-Haul, ensuring consistent traffic flow. Its depth of approximately 300 feet by 125 feet provides significant flexibility for future development. This location is poised for continued growth and is unaffected by upcoming overpass construction, making it a secure and promising investment. The asking price is $879,000.