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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