$1,200,000

5500 E Hwy 98 Bus, Panama City, FL 32404

  • 1,000 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2020
  • Property Lot Size Icon0.93acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $1,200/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

Here's a great opportunity for your business on one of the busiest intersections in the county, smack-dab in the middle of the business corridor of Parker, FL. This general commercial lot is located on 2 principle artery roadways, with average daily traffic counts of over 19000/day on Tyndall Parkway- Hwy 98, and 7900 per day on E.Business 98, according to the Florida DOT; making this parcel extremely convenient to Tyndall Air Force Base and Mexico Beach. Acquire this prime commercial location with road frontage on 3 sides, including approx 184 feet of Hwy 98 frontage! Included in the sale is a brand new 3360 SF building with 1000 SF of heated and cooled space. This is a turn-key operation to acquire an established, thriving Auto sales location. No other auto shops licenses will be granted on this main artery to Tyndall and Mexico Beach. Or, this commercial location can accommodate whatever you're needing with development standards of: Maximum building height is 60 feet/6 stories, 10 ft setbacks on 3 sides, and maximum lot coverage of 90% allowable. This quaint, small area of Florida is growing with visitors due to the bays, bayous, new developments and new city fishing pier and boat launch, all within a few blocks of this parcel. . (Some, not all inventory shall convey. Lifts and permanent structures to convey. Buyer to verify any and all information that is important.)

Listing Status:
Active
Date Added:
July 27, 2023 at 05:00AM
Listing Office:
Overstreet Realty : (850) 814-8482
MLS ID:
745653
  • Appliances: Tankless Water Heater
  • A/C: Multi UnitsPartial
  • Heating: Multiple Heating Units

This listing courtesy of Overstreet Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Tyndall Academy

7800 Tyndall Pkwy, Panama City, FL, 32403

Grades PK-8

3.18 miles away

M

Margaret K. Lewis in Millville

203 N East Ave, Panama City, FL, 32401

Grades PK-12

2.58 miles away

R

Rutherford High School

1000 School Ave, Panama City, FL, 32401

Grades 6-12

3.11 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.