For Sale
$2,144,900

4100 Highway 98Panama City, FL 32405

High-potential multi-use commercial land

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 78,408 sq ft commercial property, located at 4100 W Hwy 98 in Panama City, Florida (zip code 32405), presents a unique investment opportunity. Built in 1983, the property boasts a versatile layout currently encompassing a restaurant, mini-warehouses, and residential rental units. Its strategic corner location at the intersection of Hwy 98 and Grant Avenue offers significant visibility and accessibility. The property measures approximately 330 feet along Hwy 98 and 232 feet along Grant Avenue. The asking price is $2,144,900. Its diverse existing uses and substantial size suggest significant development potential. The property's zoning and permitted uses should be verified independently. Consider the possibilities for a motel, gas station, or fast-food establishment, capitalizing on the high traffic volume of this prime location. This is an ideal opportunity for an investor seeking a multi-faceted commercial property with substantial upside potential in a thriving Florida market. The property is classified as Special Purpose.

Highlights

  • 78,408 SF commercial property at 4100 W Hwy 98, Panama City, FL 32405.
  • Built in 1983, currently includes restaurant, mini-warehouses, and residential units.
  • Corner lot with high visibility at Hwy 98 and Grant Ave (approx. 330' x 232').
  • $2,144,900 asking price.
  • Significant development potential; zoning and permitted uses to be verified.

Property Details for 4100 Highway 98

Property type
Specialty properties
Year Built
1983

Location Insight

City
Panama City
County
Bay
State
Florida
Latitude
30.1917155
Longitude
-85.6743082
4100 Highway 98, Panama City, Florida

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4100 Highway 98
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