1001 W 15th Street, Panama City, FL 32401 (MLS# 686878)

List Price/SqFt: 103.9 List Date: 2019-08-05 List Price: $820,000 Current Price: $820,000 Sub-Type: Income Producing

Sub Area: 0203 – Bay – Central SW Community/Resort: None Waterfront: No Business Name: Goodyear Elementary School: Oakland Terrace Middle School: Jinks High School: Bay Section: 6 Directions: Southwest corner of 15th street and Balboa. Township: 4s Range: 14w Area: 02 – Bay County – Central Street #: 1001 Street Direction: W Street Name: 15th Street Suffix: Street State: FL Zip Code: 32401 County: Bay Subdivision: No Named Subdivision Parcel ID: 18654-000-000 Legal Description: SUDDUTH’S 4TH ADD 70A COM AT THE NE COR OF BLK 47 TH S ALONG WEST R/W 0F BONITA AVE 903.98′ TO THE NORTH R/W OF US BUS 98 TH E 50′ TO THE INT OF THE E R/W OF BONITA AVE & THE N R/W OF US BUS 98 FOR POB TH N 374′ E 20′ TO WATSON BAYOU TH SE 12.04′ E 26.55′ S 20′ TH SELY 108′ NELY 39.81′ S 337.87 TO THE N R/W OF US BUS 98 TH WLY ALONG R/W 195′ TO POB

List Class: Commercial Site Dimensions: 150 x 250 Acreage: 0.86 Immediate Occupancy: No Possession Date: Closing Construction Status: Construction Complete # of Units: 1 SqFt Unit: 7892 SqFt HVAC: 2565 SqFt Retail: 2565 SqFt – Workarea: 5327 Frontage Ft: 150 SqFt Tot Bldg: 7892 Lot Depth: 250 Lot SqFt: 37500 Ceiling Height: 14 Year Built: 1976

HOA Fee: No

Remarks: INVESTORS!!! The subject property is a Goodyear store and has been at this location for more than 43 years. Goodyear has been in business for 121 years. New lifts were installed approximately 3 years ago and since the hurricane the building has had a complete make over. Goodyears current net, net, net lease expires August 31, 2020 and can be renewed.

Sold Price/SqFt: 103.9 Sold Price/Acre: 953488.37 Status: Sold Under Contract Date: 2019-10-11 Sold Date: 2020-01-03 Sold Price: $820,000

Block: 1 Floor – Concrete: 1

AC – Central Elect: 1

Conventional: 1

Commercial: 1

All Utilities: 1

Display Windows: 1 Freestanding Building: 1 Handicapped Access: 1

One: 1

AC – Central: 1

Year Built: 1976 Building SqFt: 7892 Price P/SqFt: 103.91 Net Operating Income: 60000

5 or More Lanes: 1 Center Turn Lane: 1 Divided Highway: 1 Paved: 1

Energy: AC – Central Elect Financing: Conventional Present Zoning: Commercial Utilities: All Utilities