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: $685,000 List Date: 1/03/2019 Last Modified: 10/04/2024

Overview

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

Listing Details MLS# 678890

Contract Info

List Price/SqFt
392.44
Sub-Type
Other

Location

Area
02 – Bay County – Central
Street #
3101
Street Direction
E
Street Name
Highway 98
State
FL
Zip Code
32401
County
Bay
Sub Area
0202 – Bay – Central SE
Business Name
MC Storage
Subdivision
Springfield
Community/Resort
None
Waterfront
No
Parcel ID
23335-000-000
Section
11
Township
4S
Range
14W
Elementary School
Springfield
Middle School
Everitt
High School
Rutherford
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.
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
Construction Status
Construction Complete
Site Dimensions
520' X 520' X 430' X 250'
Acreage
4.05
SqFt Retail
8254
SqFt Tot Bldg
2036
Year Built
1950

Status Change Info

Under Contract Date
2019-08-06
Sold Date
2019-10-21
Sold Price/SqFt
336.44
Sold Price/Acre
169135.8

Business Only

Year Built
1950

Listing Info, Tax and Legal

HOA Fee
No

More Information

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

Financing

Cash
Yes

Present Zoning

Commercial
Yes

Sale Type

As Is
Yes

Floors in Unit/Home

One
Yes

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.