5022 Highway 22 Panama City, FL 32404
- Bars
- 4,224 SF
- 0.48 lot acres
Current Use by Public Records
- Bars
Property Details for 5022 Highway 22
- Year built
- 1965
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.48 lot acres
- Property size
- 4,224 SF
- Zone code
- CLWY04
- Property type
- Bars
- APN
- 24487-000-000
- APU
- 24487000000
Description
This exceptional Panama City retail property, located at 5022 Hwy 22, offers 3,420 square feet of space in a single-story building constructed in 1965. Situated on a generous 21,780 square foot lot, the property boasts a high-traffic location with significant visibility due to large exterior signage. Currently operating as a furniture store, the building features multiple key assets including three entrances, four bathrooms, a dedicated office area, and ample parking at the rear, which presents potential for enhanced security or privacy with fencing. The property includes two mini-split HVAC systems installed less than 14 months ago, along with an older, functional HVAC system. The roof was replaced after Hurricane Michael. The asking price is $720,000. This property is being offered with the existing business and inventory, or the real estate can be purchased separately. While the building functions well in its current state, some renovations may be desired by future owners. Interested parties are encouraged to contact for further details; please refrain from contacting on-site employees.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Panama City
- County
- Bay
- State
- Florida
- Longitude
- -85.5984
- Latitude
- 30.1525
- CBSA code
- 37460
- CBSA name
- PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA
