1310 15th Street, Panama City, FL 32401

$750,000
Property Type: Commercial for Sale Square Footage: 18,000 Status: Sold
Current Price: $860,000 List Date: 3/30/2015 Last Modified: 10/04/2024

Description

This is a rare opportunity in the Panama City market. This A quality, freestanding building has over 17,000 square feet of work space under roof. It has a short loading dock and roll up for loading and unloading. The building has ample parking, plus cross easement agreements with the adjacent shopping center. Traffic counts exceed 30,000 cars per day and the household count exceeds 14,000 within a 3 mile mile radius of this property. Ashley furniture is the current tenant with the lease expiring December 31, 2016. Disclaimer Neither the Owner (Bank of America, N.A.), nor any of their respective officers, agents or principals has made or will make any representations or warranties, expressed or implied as to the accuracy or completeness of the Offering Memorandum or any of the

Supplements: contents, and no legal commitment or obligation shall arise by reason of this Offering Memorandum or the Contents. By accepting or accessing information applicable to the Property, the user agrees that the owner of the Property, including its affiliates, or agents and/or Nations Real Estate, accept no responsibility for errors or omissions in any such Property related information, whether now or hereafter obtained (collectively, the ”Property Information”). The Property Information is subject to errors, omissions, changes and other conditions, withdrawal without notice, and to any special listing conditions nor or hereafter imposed, and is not to be relied upon without Owner’s prior written permission. Owner accepts no, and expressly disclaims any, duty to update or revise the Property Information even if it becomes aware of an inaccuracy and/or omission.

More Information MLS# 630254

Contract Info

List Price/SqFt: 47.78 List Date: 2015-03-27 List Price: $860,000 Current Price: $750,000 Sub-Type: Other

Location

Sub Area: 0203 – Bay – Central SW Community/Resort: None Directions: From the intersection of Hwy 231 and 15th Street (Hwy 98) take 15th Street West approximately two miles. The property is located at the intersection of 15th Street and Caroline. Area: 02 – Bay County – Central Street #: 1310 Street Name: 15th Street Suffix: Street State: FL Zip Code: 32401 County: Bay Parcel ID: 13823-010-000 Legal Description: 31 3S 14W -40.7- 91C4 OLD 54A COM AT THE SE COR OF THE SW 1/4 OF THW SW 1/4 OF THE SE 1/4 TH W 25’& N 40′ TO N R/W OF 15TH STREET & THE W R/W LN OF CAROLINE BLVD & FOR POB CONT N 220′ W 181.24′ S 220′ E 181.24′ TO POB ORB 3631 P 512

General Property Info

List Class: Commercial Site Dimensions: 181X220 Immediate Occupancy: Yes Construction Status: Construction Complete SqFt HVAC: 18957 SqFt – Workarea: 12561 SqFt – Office: 1260 SqFt – Warehouse: 3240 Frontage Ft: 181 SqFt Tot Bldg: 18000 Ceiling Height: 12 Year Built: 2001

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: This is a rare opportunity in the Panama City market. This A quality, freestanding building has over 17,000 square feet of work space under roof. It has a short loading dock and roll up for loading and unloading. The building has ample parking, plus cross easement agreements with the adjacent shopping center. Traffic counts exceed 30,000 cars per day and the household count exceeds 14,000 within a 3 mile mile radius of this property. Ashley furniture is the current tenant with the lease expiring December 31, 2016. Disclaimer Neither the Owner (Bank of America, N.A.), nor any of their respective officers, agents or principals has made or will make any representations or warranties, expressed or implied as to the accuracy or completeness of the Offering Memorandum or any of the

Status Change Info

Sold Price/SqFt: 41.67 Status: Sold Under Contract Date: 2015-07-15 Sold Date: 2015-08-31 Sold Price: $750,000

Construction/Siding

Floor – Concrete: 1 Wood/Frame: 1 Roof – Flat: 1 Siding – Stucco: 1

Energy

AC – Central Elect: 1

Financing

Cash: 1 Conventional: 1

Present Zoning

Business: 1 Commercial: 1

Utilities

Electricity – Connected: 1 Electric 220/240: 1 Electricity – Availabile: 1 Electric-3 Phase: 1 Fuel – Electric: 1 Fuel – Natural Gas: 1 Public Sewer – Connected: 1 Water Connected: 1

Business/Property

Display Windows: 1 Freestanding Building: 1 Handicapped Access: 1 Office Area: 1 Sign: 1 Other – See Remarks: 1

Floors in Unit/Home

One: 1

Heating/Cooling

AC – HVAC: 1

Offering Type

Sale Only: 1

Pricing Type

Sale Price: 1

Transport. Access

4-Lane: 1 Center Turn Lane: 1 State Road: 1

Property Features

Energy: AC – Central Elect Financing: Cash; Conventional Offering Type: Sale Only Pricing Type: Sale Price Present Zoning: Business; Commercial Utilities: Electricity – Connected; Electric 220/240; Electricity – Availabile; Electric-3 Phase; Fuel – Electric; Fuel – Natural Gas; Public Sewer – Connected; Water Connected
Listing Office: Nations Real Estate, Inc
Last Updated: October – 04 – 2024
Information deemed reliable but not guaranteed.