1222 Thomas Drive, Panama City, FL 32408 (MLS# 776344)

1222 Thomas Drive, Panama City, FL 32408

New Listing

$850,000

Property Type: Commercial for Sale Square Footage: 2,268 Lot Size (sq. ft.): 10,890 Status: Active

Current Price: $850,000 List Date: 5/18/2026 Last Modified: 5/18/2026

Overview

Description

Prime location with well established coin laundry business. Currently ran as self service store but plenty of room to turn it into a full service laundry or linen service location. New roof in 2019 and all new exterior hardi-board siding and paint in 2024. Listing includes real estate, building, all laundry equipment and goodwill. Food and game vending machines owned by others and not included in sale

Listing Details MLS# 776344

Contract Info

List Price/SqFt: 374.78
Sub-Type: Office

Location

Area: 03 – Bay County – Beach
Street #: 1222
Street Name: Thomas
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0319 – Beach – East
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: No
Parcel ID: 30159-010-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: THOMAS DRIVE ACROSS THE STREET FROM NAVY BASE
Legal Description: 4 4S 15W -8.1- 69B COM AT SW COR LOT 1 N 660' E 1321.10' TO E LINE OF SEC TH CONT E 531.36' FOR POB TH NWLY 90' NELY 100' TO W R/W THOMAS DR SELY 145.46' S 110' TO POB ORB 1815 P 1085

General Property Info

List Class: Commercial
Immediate Occupancy: No
Construction Status: Construction Complete
Acreage: 0.25
Frontage Ft: 117
Lot Depth: 105
SqFt HVAC: 2088
SqFt Tot Bldg: 2268
Year Built: 1985

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: Prime location with well established coin laundry business. Currently ran as self service store but plenty of room to turn it into a full service laundry or linen service location. New roof in 2019 and all new exterior hardi-board siding and paint in 2024. Listing includes real estate, building, all laundry equipment and goodwill. Food and game vending machines owned by others and not included in sale

More Information

Construction/Siding

Foundation – Slab on Grade: Yes
Siding – Hardie Board: Yes

Energy

AC – 2 or More: Yes
Water Heater – Gas: Yes

Financing

Cash: Yes
Conventional: Yes

Utilities

Electric-3 Phase: Yes
Fuel – Natural Gas: Yes
Lift Station: Yes
Public Sewer – Connected: Yes
Water Connected: Yes

Business/Property

Furnished – None: Yes

Floors in Unit/Home

One: Yes

Property Features

Energy: AC – 2 or More; Water Heater – Gas Financing: Cash; Conventional Utilities: Electric-3 Phase; Fuel – Natural Gas; Lift Station; Public Sewer – Connected; Water Connected

Listing Office: Investors Real Estate Mgnt LLC

Last Updated: May – 18 – 2026

Information deemed reliable but not guaranteed.