For Sale
$179,500

1605 East AvePanama City, FL 32405

C3A Zoned, 2,438 SF Office Building

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional commercial property, located at 1605 N East Avenue in Panama City, Florida, presents a unique investment opportunity. The property boasts a substantial 20,037.6 square foot lot, zoned C3A (Low Density Commercial), offering significant flexibility for future development. Currently featuring a 2,438 square foot, single-story building constructed in 1955, the property is ideally suited for a variety of uses. The existing structure, while in need of cosmetic updates and repairs, could easily be adapted for use as an office, insurance agency, salon, or similar business. Alternatively, the generous lot size allows for the demolition of the existing building and construction of a new structure tailored to specific business needs. The existing building includes four bedrooms and two bathrooms, a covered carport, a spacious living room and kitchen, a Florida room, and an office nook. The property is being sold "As-Is," reflecting the need for cosmetic improvements, and is priced accordingly at $179,500. This prime location in Panama City, Florida (zip code 32405) offers excellent visibility and accessibility, making it an attractive proposition for savvy investors and entrepreneurs. The large corner lot provides ample space for parking and potential expansion. Don't miss this chance to acquire a versatile commercial property in a thriving Florida market.

Highlights

  • 20,037.6 sq ft lot zoned C3A (Low Density Commercial) in Panama City, FL.
  • 2,438 sq ft, single-story building (1955 construction) suitable for various uses.
  • Property being sold As-Is; needs cosmetic updates.
  • $179,500 asking price.
  • Prime location in Panama City, FL (32405) with excellent visibility and accessibility.

Property Details for 1605 East Ave

Property type
Office properties
Square Feet
2,438 SF
Year Built
1955
Stories
1

Location Insight

City
Panama City
County
Bay
State
Florida
Latitude
30.1769079
Longitude
-85.625299
1605 East Ave, Panama City, Florida

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1605 East Ave
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