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4018 W Us 98 Hwy
Panama City, FL 32401
Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Very strong daily traffic with large lot corner lot for future growth. Building has been kept in tip top shape
- Solid masonry building drive in to capabilities.
- Lots of open space in the building for different types of layouts.
EXECUTIVE SUMMARY
Premier location for high visibility as well as strong traffic flow as this is the main entry corridor to Panama City. North East corner lot for easy ingress and egress to the main corridor. The building is currently being used as a auto stereo installation shop by the current owner and has been here for over 20 years. The property has space to enlarge the building space as it currently has ample parking spaces with room for the expansion. The building is in excellent condition as the current owner continued to improve it during his time of ownership. This would be a great location for offices, restaurants retail sales. The seller is selling the building & real estate but not the current business.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
2,950 SF
Building Class
B
Year Built
1978
Price
$1,647,307 CAD
Price Per SF
$558.41 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.55 AC
Zoning
GC 1 - Commercial zoning with the availability of many types of uses.
Parking
25 Spaces (8.47 Spaces per 1,000 SF Leased)
Frontage
160’ on W Us 98 Hwy
AMENITIES
- Corner Lot
- Security System
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 28193-000-000 | Improvements Assessment | $92,796 CAD |
| Land Assessment | $338,282 CAD | Total Assessment | $431,079 CAD |
PROPERTY TAXES
Parcel Number
28193-000-000
Land Assessment
$338,282 CAD
Improvements Assessment
$92,796 CAD
Total Assessment
$431,079 CAD
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