123 GWYN Drive, Panama City Beach, FL 32408

$750,000
Property Type: Commercial for Sale Square Footage: 7,779 Lot Size (sq. ft.): 13,504 Status: Sold
Current Price: $750,000 List Date: 2/03/2017 Last Modified: 10/04/2024

Overview

Description

BUILDING IS AVAILABLE 3/1/17 – TENANT IS RELOCATING – GREAT OPPORTUNITY NEAR NAVY BASE -Building is almost 7,800 SF under roof with specialized warehouse area for tenant. Plus it is well located just off of Thomas Drive, near the Navy Base. Building was built in 1997 and has been very well maintained. Ceiling Height is 18′ and there are three (3) large warehouse doors. The office area consists of (5) offices, (1) large conference area and (1) reception area and (2) bathrooms, one of which is handicap accessible. There are approximately 15 parking spaces and signage is available on the building or on the road. This building would be ideal for almost any business, please call to arrange a showing,as we need 24 hour notice

Listing Details MLS# 654942

Contract Info

List Price/SqFt
100.14
Sub-Type
Income Producing

Location

Area
03 – Bay County – Beach
Street #
123
Street Name
GWYN
Street Suffix
Drive
State
FL
Zip Code
32408
County
Bay
Sub Area
0319 – Beach – East
Business Name
OFFICE/ WAREHOUSE NE
Subdivision
Greentree Unit-1
Community/Resort
None
Waterfront
No
Parcel ID
30165-026-000
Elementary School
Patronis
Middle School
Surfside
High School
Arnold
Directions
This property is located just off of Thomas Drive on Gwyn Drive. From US Highway 98, travel south on Thomas Drive. Gwyn Drive is the first left behinf the car wash.
Legal Description
4 4S 15W -15.1A- 69B COM 529.04' N OF NE COR OF GREENTREE UNIT #1 TH W 768.06' NWLY 281.26' SW 250' NW 60' ON THOMAS DR NELY 250' FOR POB NWLY 188.58' E 161.90' S 139.68' TO N SIDE OF GWYN DR SWLY 100.79' TO POB SUBJ TO ESMT ORB 2013 P 2133

General Property Info

List Class
Commercial
Immediate Occupancy
No
Construction Status
Construction Complete
Site Dimensions
73X187
Acreage
0.31
Frontage Ft
73
SqFt HVAC
7779
SqFt – Office
5000
SqFt Tot Bldg
7779
Year Built
1997
Ceiling Height
18

Status Change Info

Under Contract Date
2017-12-07
Sold Date
2018-03-09
Sold Price/SqFt
96.41
Sold Price/Acre
2419354.84

Business Only

Year Built
1997
Building SqFt
7779
Price P/SqFt
101.56

Office

Year Built
1997
Building SqFt
7779
Actual Gross Income
81000
Net Operating Income
67000
Cap Rate
8.4

More Information

Listing Info, Tax and Legal

HOA Fee
No

Remarks & Misc

Remarks
BUILDING IS AVAILABLE 3/1/17 – TENANT IS RELOCATING – GREAT OPPORTUNITY NEAR NAVY BASE -Building is almost 7,800 SF under roof with specialized warehouse area for tenant. Plus it is well located just off of Thomas Drive, near the Navy Base. Building was built in 1997 and has been very well maintained. Ceiling Height is 18' and there are three (3) large warehouse doors. The office area consists of (5) offices, (1) large conference area and (1) reception area and (2) bathrooms, one of which is handicap accessible. There are approximately 15 parking spaces and signage is available on the building or on the road. This building would be ideal for almost any business, please call to arrange a showing,as we need 24 hour notice

Construction/Siding

Floor – Concrete
Yes
Foundation – Slab on Grade
Yes
Steel/Frame
Yes
Roof – Metal
Yes
Roof – Sloping
Yes

Energy

AC – Central Elect
Yes

Financing

Cash
Yes
Conventional
Yes

Present Zoning

General Commercial
Yes

Utilities

Electric 220/240
Yes
Electric-3 Phase
Yes
Public Sewer – Connected
Yes
Water Connected
Yes

Sale Type

As Is
Yes

Business/Property

AAA Tenant
Yes

Floors in Unit/Home

One
Yes

Heating/Cooling

AC – Central
Yes

Offering Type

Sale Only
Yes

Pricing Type

Sale Price
Yes

Transport. Access

2-Lane
Yes
Paved
Yes
Private
Yes

Property Features

Energy: AC – Central Elect Financing: Cash; Conventional Offering Type: Sale Only Pricing Type: Sale Price Present Zoning: General Commercial Sale Type: As Is Utilities: Electric 220/240; Electric-3 Phase; Public Sewer – Connected; Water Connected
Listing Office: Counts Real Estate Group Inc
Last Updated: October – 04 – 2024
Information deemed reliable but not guaranteed.