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2629 W 23rd St 3,873 SF Office Building Panama City, FL 32405 $921,307 CAD ($237.88 CAD/SF)
EXECUTIVE SUMMARY
Located along one of Panama City's busiest commercial corridors, this professional office property offers exceptional visibility and accessibility with an Average Annual Daily Traffic (AADT) of 26,000 vehicles. The building totals 3,360 square feet of heated and cooled space, divided into four individual office suites of 840 square feet each. Zoning is GC-2. New roof installed in 2019.
Currently, Suites E and F are leased, providing immediate income, while Suites G and H are vacant and move-in ready ideal for an owner occupant seeking to offset expenses with rental income or for an investor ready to lease out the remaining space.
Its location on W. 23rd Street positions it within minutes of major retailers, restaurants, and other professional services, making it a strategic choice for any business or investor seeking stability and visibility in the heart of Panama City's commercial district.
Currently, Suites E and F are leased, providing immediate income, while Suites G and H are vacant and move-in ready ideal for an owner occupant seeking to offset expenses with rental income or for an investor ready to lease out the remaining space.
Its location on W. 23rd Street positions it within minutes of major retailers, restaurants, and other professional services, making it a strategic choice for any business or investor seeking stability and visibility in the heart of Panama City's commercial district.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
3,873 SF
Building Class
B
Year Built
1977
Price
$921,307 CAD
Price Per SF
$237.88 CAD
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,873 SF
Building FAR
0.28
Lot Size
0.32 AC
Zoning
GC 2
Parking
14 Spaces (3.61 Spaces per 1,000 SF Leased)
1 1
PROPERTY TAXES
| Parcel Number | 28477-012-000 | Improvements Assessment | $84,430 CAD |
| Land Assessment | $236,092 CAD | Total Assessment | $320,522 CAD |
PROPERTY TAXES
Parcel Number
28477-012-000
Land Assessment
$236,092 CAD
Improvements Assessment
$84,430 CAD
Total Assessment
$320,522 CAD
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2629 W 23rd St
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