400 E 16th Street, Panama City, FL 32405

$875,000
Property Type: Commercial for Sale Square Footage: 8,415 Lot Size (sq. ft.): 39,204 Status: Sold
Current Price: $995,000 List Date: 9/13/2024 Last Modified: 11/04/2024

Description

Rare find! Flex office/warehouse building in the heart of Panama City with a fenced lay down yard. This property boasts approx 6,000sqft of office space with a full kitchen and bathroom(s), as well as approx 2,415 sqft of warehouse space with two 14ft bay doors. The parcel totals almost an acre providing ample room for a laydown yard, storage, parking, etc. Centrally located providing easy access to Highway 98, Highway 231, Highway 77 and the surrounding areas. Sustaining minimal damage from Hurricane Michael this building was built to last.

More Information MLS# 762611

Contract Info

List Price/SqFt: 118.24 List Date: 2024-09-13 List Price: $995,000 Current Price: $875,000 Sub-Type: Industrial

Location

Sub Area: 0203 – Bay – Central SW Community/Resort: None Waterfront: No Elementary School: Cedar Grove Middle School: Jinks High School: Bay Directions: Traveling west on Highway 98 turn right onto Wilson Ave, turn left on 16th St, property is on the right. Area: 02 – Bay County – Central Street #: 400 Street Direction: E Street Name: 16th Street Suffix: Street State: FL Zip Code: 32405 County: Bay Subdivision: No Named Subdivision Parcel ID: 14461-000-000 Legal Description: 33 3S 14W -54- 104C3 BEG 660′ N & 528′ W OF SE COR OF SW1/4 OF SW1/4 TH W 132′ N 330′ E 132′ S 330′ TO POB ORB 1843 P 1243 ORB 2138 P 1408 SUB TO ESMTS REC IN DB 272 P 500 & ORB 1057 P 255

General Property Info

List Class: Industrial Acreage: 0.9 Construction Status: Construction Complete SqFt – Office: 6000 SqFt – Warehouse: 2415 SqFt Tot Bldg: 8415 Year Built: 2002

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: Rare find! Flex office/warehouse building in the heart of Panama City with a fenced lay down yard. This property boasts approx 6,000sqft of office space with a full kitchen and bathroom(s), as well as approx 2,415 sqft of warehouse space with two 14ft bay doors. The parcel totals almost an acre providing ample room for a laydown yard, storage, parking, etc. Centrally located providing easy access to Highway 98, Highway 231, Highway 77 and the surrounding areas. Sustaining minimal damage from Hurricane Michael this building was built to last.

Office/Member Info

Seller Concessioins: No

Status Change Info

Sold Price/SqFt: 103.98 Sold Price/Acre: 972222.22 Status: Sold Under Contract Date: 2024-09-16 Sold Date: 2024-11-01 Sold Price: $875,000

Financing

Cash: 1 Conventional: 1

Utilities

Electricity – Connected: 1 Public Sewer – Connected: 1 Water Connected: 1

Floors in Unit/Home

Two: 1

Property Features

Financing: Cash; Conventional Utilities: Electricity – Connected; Public Sewer – Connected; Water Connected
Listing Office: CENTURY 21 Commander Realty
Last Updated: November – 04 – 2024
Information deemed reliable but not guaranteed.