Active
5500 E Hwy 98 Bus
Panama City FL, 32404
$1,200,000
$1,200.00 per sqft
Active
1,000 sqft
Commercial
Built in 2020
Here's a great opportunity for your business on one of the busiest intersections in the county, smack-dab in the middle of the business corridor of Parker, FL. This general commercial lot is located on 2 principle artery roadways, with average daily traffic counts of over 19000/day on Tyndall Parkway- Hwy 98, and 7900 per day on E.Business 98, according to the Florida DOT; making this parcel extremely convenient to Tyndall Air Force Base and Mexico Beach. Acquire this prime commercial location with road frontage on 3 sides, including approx 184 feet of Hwy 98 frontage! Included in the sale is a brand new 3360 SF building with 1000 SF of heated and cooled space. This is a turn-key operation to acquire an established, thriving Auto sales location. No other auto shops licenses will be granted on this main artery to Tyndall and Mexico Beach. Or, this commercial location can accommodate whatever you're needing with development standards of: Maximum building height is 60 feet/6 stories, 10 ft setbacks on 3 sides, and maximum lot coverage of 90% allowable. This quaint, small area of Florida is growing with visitors due to the bays, bayous, new developments and new city fishing pier and boat launch, all within a few blocks of this parcel. . (Some, not all inventory shall convey. Lifts and permanent structures to convey. Buyer to verify any and all information that is important.)
745653
MLSⓇ ID
August 24, 2023
Listed
November 22, 2024
Updated
Map
5500 E Hwy 98 Bus
Panama City FL, 32404
Interior Features
Total Stories
2
Appliances
Tankless Water Heater
Fireplace
No
Cooling
Yes
Cooling Description
Multi Units, Partial
Heating
Yes
Heating Description
Multiple Heating Units
Exterior/Building Features
Lot Size
0.93 Acres
Lot Features
Corner Lot
Roof
Metal
Sewer
Public Sewer
School Information
High School
Rutherford
Elementary School
Tyndall
Other Property Details
Area Name
02 - Bay County - Central
Days on Market
434
Garage
No
View
No
County
Bay
Water Source
Public
Pool
No
Courtesy of Overstreet Realty, Cathy J Jones,
Listing Contact: (850) 814-0733
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Catriese Johnson shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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