1302 19Th StPanama City, FL 32405

Property Details for 1302 19Th St

Lot size

0.42 AC

Zone code

PC09

Property type

Land

Property subtype

Commercial land

APN

13784-015-000

APU

13784015000

Description

This exceptional commercial property, located at 1302 W 19th Street in Panama City, Florida, presents a unique investment opportunity. The property, built in 1977, encompasses two substantial buildings totaling over 8,000 square feet on a large 119,354.4 square foot lot. Currently operating as a thriving automotive repair and auto body shop, the property boasts 355 feet of street frontage, providing excellent visibility and accessibility. The buildings include ample workspace, a dedicated office, two fully functional paint booths, and extensive storage facilities. A recently installed state-of-the-art security system ensures comprehensive protection for the entire property. The sale includes a wide array of essential automotive repair equipment, significantly enhancing the value and operational readiness of the business. This equipment includes, but is not limited to: a frame machine, alignment machine, drill press, Marquette dent puller, MillerMatic plasma cutter, multiple welders, compressors, tire machines, a crusher, multiple lifts, a forklift, a tow truck, two recovery wreckers, and a substantial amount of additional inventory. Two bathrooms are also included. The asking price for this turnkey operation is $2,700,000. This property is zoned for special purpose use.

• Alternative Use

  Use

  Valuation

  Residential

  $3,794,734

  Hospitality

  $3,475,956

  Educational

  $2,891,955

  Medical

  $2,991,414

  Retail

  $4,498,596

Location Insight

City

Panama City

County

Bay

State

Florida

Latitude

30.1831

Longitude

-85.6805

CBSA code

37460

CBSA name

PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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