1040 15Th St Panama City, FL 32405

Property Details for 1040 15Th St

Year built

1977

Construction

STEEL FRAME

Lot size

0.86 lot acres

Property size

5,026 SF

Zone code

PC09

Property type

Outlet malls

APN

13799-000-000

APU

13799000000

Description

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.

Location Insight

City

Panama City

County

Bay

State

Florida

Longitude

-85.6772

Latitude

30.1758

CBSA code

37460

CBSA name

PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments