3101 E Highway 98, Panama City, FL 32401

$685,000
Property Type: Commercial for Sale Square Footage: 2,036 Lot Size (sq. ft.): 176,418 Status: Sold
Current Price: $799,000 List Date: 1/03/2019 Last Modified: 10/04/2024

Description

– 4+ acres – Storage Units gone – pads still in place for units – 4-Unit commercial building – 6300 square feet — $5,000/month rental projection from commercial building – Directly on Business Hwy 98 – new roof – Up to 400 storage units can be installed – Commercial Bldg fronting Business 98 retail/office – Zoned Commercial Land – Can be subdivided – 520 feet of frontage on Highway 98 – 430 feet fronting 5th Street – Unit 1 retail approximately 2500 sq feet – Unit 2 retail approximately 2200 sq feet – Unit 3 retail approximately 900 sq feet – Unit 4 retail approximately 625 sq feet

More Information MLS# 678890

Contract Info

List Price/SqFt: 392.44 List Date: 2019-01-01 List Price: $799,000 Current Price: $685,000 Sub-Type: Other

Location

Sub Area: 0202 – Bay – Central SE Community/Resort: None Waterfront: No Business Name: MC Storage Elementary School: Springfield Middle School: Everitt High School: Rutherford Section: 11 Directions: From 15th Street, Panama City, turn RIGHT onto N East Ave/FL 389, Turn LEFT onto E 5th St/US Business 98, proceed approximately .27 miles McStorage I & II is on the LEFT. Township: 4S Range: 14W Area: 02 – Bay County – Central Street #: 3101 Street Direction: E Street Name: Highway 98 State: FL Zip Code: 32401 County: Bay Subdivision: Springfield Parcel ID: 23335-000-000 Legal Description: 11 4S 14W -321- MAP 118C2 BEG 30′ S OF NW COR OF SE1/4 OF NW1/4 FOR POB TH E 55′ S 100′ E 45′ S 215′ M/L TO N R/W HWY 98 ALG R/W 100′ M/L N 260′ M/L TO POB ORB 1060 P 358 ORB 2191 P 29 ALONG WITH PARCEL 23336-000-000

General Property Info

List Class: Commercial Site Dimensions: 520′ X 520′ X 430′ X 250′ Acreage: 4.05 Construction Status: Construction Complete SqFt Retail: 8254 SqFt Tot Bldg: 2036 Year Built: 1950

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: – 4+ acres – Storage Units gone – pads still in place for units – 4-Unit commercial building – 6300 square feet — $5,000/month rental projection from commercial building – Directly on Business Hwy 98 – new roof – Up to 400 storage units can be installed – Commercial Bldg fronting Business 98 retail/office – Zoned Commercial Land – Can be subdivided – 520 feet of frontage on Highway 98 – 430 feet fronting 5th Street – Unit 1 retail approximately 2500 sq feet – Unit 2 retail approximately 2200 sq feet – Unit 3 retail approximately 900 sq feet – Unit 4 retail approximately 625 sq feet

Status Change Info

Sold Price/SqFt: 336.44 Sold Price/Acre: 169135.8 Status: Sold Under Contract Date: 2019-08-06 Sold Date: 2019-10-21 Sold Price: $685,000

Financing

Cash: 1

Present Zoning

Commercial: 1

Sale Type

As Is: 1

Business Only

Year Built: 1950

Floors in Unit/Home

One: 1

Property Features

Financing: Cash Present Zoning: Commercial Sale Type: As Is
Listing Office: Emerald Coast Realty Group
Last Updated: October – 04 – 2024
Information deemed reliable but not guaranteed.