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$ 2,495,000
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4.2 Acres Lot
$ 2,495,000
Est. payment | /mo
4.2 Acres Lot
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision St Andrews Bay Dev Cmp
MLS Listing ID 728820
HOA Y/N No
Year Built 1985
Lot Size 4.200 Acres
Acres 4.2
Property Sub-Type Other
Property Description
Owners will divide! Desirable 4.2 acre property located on busy Hwy 77 in Panama City. There is 330' of road frontage on Hwy 77 with ingress and egress in two locations. Annual average daily traffic count is 30,098 vehicles. The property consists of two metal 60' x 60' retail buildings complete with finished interior space and covered warehouse storage. There is parking at each building and a driveway between. There is no direct cut in the median at this location, but the cut is very nearby so turning in from the opposite side of the road is fairly easy. The back portion of the property is vacant land except for a cement slab where an additional storage building used to be. The sellers retail business is not for sale only the buildings and property. The other business onsite is in a month to month lease. Please do not disturb these tenants. The property has a Panama City address but was annexed by the city of Lynn Haven, so utilities and taxes are through Lynn Haven. Lots of potential with this size lot for teardown and redevelopment as Office, Hotel, Retail, Restaurant, Multi-Family, etc. Sellers will consider owner financing with 20% - 25% down and a 5 year balloon.
Location
State FL
County Bay
Area 02 - Bay County - Central
Interior
Fireplace No
Exterior
Utilities Available Sewer Available, Water Connected
Building
Lot Description Flood Zone
Sewer Public Sewer
Schools
Elementary Schools Hiland Park
Middle Schools Mowat
High Schools Mosley
Others
Tax ID 11801-080-000
Acceptable Financing Cash
Listing Terms Cash
Financing Other
Special Listing Condition Listed As-Is
Listed by Keller Williams Success Realty
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