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2900 E 5th Street

Panama City, FL 32401
  • $565,000
  • STATUS: Active
  • ON SITE: 43 Days
  • MLS #: 765959
UPDATED: 61 min ago
$565,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1947
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

Prime Commercial Property located in the heart of Panama City! This versatile property spans 0.33 acres and features two distinct buildings offering incredible investment potential. The first building is a 1,976 sq. ft. restaurant with an approx. 1,242 sq. ft. apartment upstairs, perfect for generating additional rental income or owner-occupied use. The second building is a renovated 1,262 sq. ft. office/retail space, ideal for professional services, boutique retail, or other business ventures.Zoned GC-2 (General Commercial-2), this property is situated within a district designed for neighborhood commercial activities, including retail, professional offices, and service-oriented businesses. With an Annual Average Daily Traffic count of 18,100, your business will benefit from excellent visibility and easy accessibility.Whether you're looking for an investment opportunity or a versatile property for your business, this location offers a unique combination of space, zoning flexibility, and income potential. Don't miss the chance to own this exceptional property in Panama City!

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© 2025 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Counts Real Estate Group. Data last updated: 2025-01-21T00:04:09.46.
www.countsbeachhomes.com/homes/158582383
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2900 E 5th Street Panama City, FL 32401

  • Price: $565,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 61 min ago
  • MLS #: 765959
0
Beds
0
Baths
0
½ Baths
0.33
Acres
1947
Built
Neighborhood:
No Named Subdivision
County:
Bay
Area:
Bay County-Central
Elementary School:
Parker
Middle School:
Everitt
High School:
Rutherford
Property Description
Prime Commercial Property located in the heart of Panama City! This versatile property spans 0.33 acres and features two distinct buildings offering incredible investment potential. The first building is a 1,976 sq. ft. restaurant with an approx. 1,242 sq. ft. apartment upstairs, perfect for generating additional rental income or owner-occupied use. The second building is a renovated 1,262 sq. ft. office/retail space, ideal for professional services, boutique retail, or other business ventures.Zoned GC-2 (General Commercial-2), this property is situated within a district designed for neighborhood commercial activities, including retail, professional offices, and service-oriented businesses. With an Annual Average Daily Traffic count of 18,100, your business will benefit from excellent visibility and easy accessibility.Whether you're looking for an investment opportunity or a versatile property for your business, this location offers a unique combination of space, zoning flexibility, and income potential. Don't miss the chance to own this exceptional property in Panama City!
Exterior Features

Levels Two Stories 2

Property Features

Association YN No Building Area Total 4672 Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional Occupant Type Occupied Possible Use Commercial Property Sub Type Other Property Sub Type Additional Other Special Listing Conditions Listed As- Is Waterfront YN No Zoning Description Commercial

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of ERA Neubauer Real Estate Inc: (850) 785-1551. Listing information © 2025 Central Panhandle Association of Realtors MLS.


© 2025 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Counts Real Estate Group. Data last updated: 2025-01-21T00:04:09.46.
 
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Counts Real Estate Group
2104 Thomas Drive
Panama City Beach FL, 32408