For Sale
$400,000

1148 Jenks AvePanama City, FL 32401

Income-producing office, prime location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional commercial office building, situated at 1148 Jenks Avenue in Panama City, Florida, presents a compelling investment opportunity. The 1,868 square foot property, built in 1940, sits on a 6,969.6 square foot lot and is zoned for commercial use. Currently generating income from established tenants, this building offers six offices and two bathrooms, providing a consistent revenue stream. The property boasts ample on-site parking, convenient access to major roads and downtown Panama City, and attractive curb appeal. Its spacious layout is adaptable to various professional uses. The central location within Panama City's business district ensures high tenant demand, while the city's continued growth suggests strong potential for future appreciation. This turnkey investment is ideal for those seeking a hassle-free, income-generating addition to their portfolio. The asking price is $400,000. The property's strong tenant base and prime location make it a highly desirable asset in a thriving market. This is a rare opportunity to acquire a well-maintained, income-producing commercial property in a rapidly developing area of Panama City.

Highlights

  • Asking Price: $400,000
  • Property Type: 1,868 SF Commercial Office Building in Panama City, FL
  • Year Built: 1940, situated on a 6,969.6 SF lot
  • Location: 1148 Jenks Avenue, Panama City, FL 32401, offering convenient access to major roads and downtown. Features six offices and two bathrooms. Currently income-producing with established tenants.

Property Details for 1148 Jenks Ave

Property type
Office properties
Square Feet
1,868 SF
Year Built
1940

Location Insight

City
Panama City
County
Bay
State
Florida
Latitude
30.1691561
Longitude
-85.6622062
1148 Jenks Ave, Panama City, Florida

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1148 Jenks Ave
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