1703 E 5th St, Panama City, FL 32401

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Building Details:

• Year Built: 1947

Almost 4 acres in Panama City offering a variety of use scenarios! Occupy or lease the existing retail/warehouse buildings or consider redeveloping for commercial or mixed use! Comprised of two parcels featuring multiple structures with over 20,000 SF under roof combined, this corner location on the northern border of US Business 98 offers strong visibility with frontage on three streets and a traffic count ±21,000. Located just north of Watson Bayou and the Snug Harbor Marina, the property is less than one mile from the Sacred Heart Bay Medical Center and is close to numerous shopping and dining activities. Bay County Mapping indicates commercial zoning on the southern portion of the site with mixed use zoning on the northern portion. The location is also within the Millville Community Redevelopment Agency, indicating CRA monies may be available for property improvements. Existing owner-occupied structures include a ±12,000 SF warehouse, a ±3,605 SF warehouse with 3-phase power, and a ±4,588 SF retail/warehouse building.