2900 5th St Panama City, FL 32401

This exceptional Panama City commercial property, listed at $565,000, offers 4,672 square feet on a 0.33-acre lot (14,374.8 sq ft). Built in 1947, the property comprises two buildings: a 1,976 sq ft restaurant with a 1,242 sq ft apartment above, and a renovated 1,262 sq ft office/retail space. The GC-2 zoning allows for a variety of commercial uses, including retail, professional offices, and service businesses. Located on 2900 E 5th Street, Panama City, FL 32401, this property benefits from high visibility and accessibility, with an annual average daily traffic count of 18,100 vehicles. This presents a unique investment opportunity or a versatile space for your business, combining ample space, flexible zoning, and strong income potential. The property's prime location and diverse building options make it an attractive proposition for a wide range of commercial ventures. This is a rare opportunity to acquire a well-situated commercial property in a thriving area of Panama City. The combination of existing income streams and potential for future growth makes this an exceptional investment.