436 Harrison Avenue 400, Panama City, FL 32401

$1,100,000
Property Type: Commercial for Sale Square Footage: 26,400 Lot Size (sq. ft.): 6,534 Status: Active
Current Price: $1,100,000 List Date: 2/10/2026 Last Modified: 2/10/2026

Description

Welcome to one of the most structurally impressive buildings in all of Bay County. The Mashburn Building was constructed entirely of poured concrete from foundation to roof, engineered with the strength and durability of a parking garage. In recent years, hundreds of thousands of dollars in additional steel reinforcement have been added to the structure, making it one of the strongest private buildings in the county. Now, the rooftop is ready for your big idea. The rooftop spans +/-6,000 square feet and includes two staircases and one elevator for easy access. The structure is strong enough to support multiple stories, allowing for additional concepts such as residential condos above a restaurant or bar. Preliminary concept plans have been developed for a rooftop restaurant and bar, and these are available for your use at no cost. They are designed to help you visualize the possibilities, though a licensed architect and structural engineer will need to finalize the plans to suit your concept. From this vantage point, you can take in one of the best views in the entire Florida Panhandle, a sweeping panorama that stretches from the Hathaway Bridge and Saint Andrews across downtown all the way to Thomas Drive, Front Beach Road, Tyndall Air Force Base, and Callaway. On a clear day, you can even see Tommy Oliver Stadium and Twenty Third Street. Photos simply cannot capture what it feels like to stand here in person. All major utilities required to operate a restaurant, bar, or additional residential units are already stubbed to the roof and ready for connection. There are no stormwater requirements, and no parking requirements are needed for this project. You can use the shared parking that downtown offers for you and your customers. A restaurant or bar here would be the crown jewel of our area. If executed with creativity and vision, this space could easily be featured in magazines across the southeast. This is your opportunity to create something iconic, an elevated destination that will redefine downtown Panama City’s skyline and nightlife. The first floor commercial space is also listed for sale. See MLS #785003

More Information MLS# 785006

Contract Info

List Price/SqFt: 41.67 List Date: 2026-01-16 List Price: $1,100,000 Current Price: $1,100,000 Sub-Type: Retail

Location

Unit #: 400 Sub Area: 0203 – Bay – Central SW Community/Resort: None Waterfront: No Elementary School: Cherry Street Middle School: Jinks High School: Bay Directions: From 98 go South on Harrison Ave to Downtown Panama City, the Mashburn Building is on your left Area: 02 – Bay County – Central Street #: 436 Street Name: Harrison Street Suffix: Avenue State: FL Zip Code: 32401 County: Bay Subdivision: No Named Subdivision Parcel ID: 19553-000-000 Legal Description: GULF COAST DEV CO PLAT LOT 10 BLK 2 ORB 4632 P 12

General Property Info

List Class: Commercial Floor Number: 4 Acreage: 0.15 Immediate Occupancy: No Construction Status: Under Construction SqFt Unit: 5858 SqFt HVAC: 0 SqFt Retail: 5858 # of Stories in Building: 4 SqFt Tot Bldg: 26400 Association Fee: 2251.74 Association Fee Per: Quarterly Year Built: 1939

Listing Info, Tax and Legal

HOA Fee: Yes HOA Amount: 2251.74 HOA Frequency: Quarterly

Remarks & Misc

Remarks: Welcome to one of the most structurally impressive buildings in all of Bay County. The Mashburn Building was constructed entirely of poured concrete from foundation to roof, engineered with the strength and durability of a parking garage. In recent years, hundreds of thousands of dollars in additional steel reinforcement have been added to the structure, making it one of the strongest private buildings in the county. Now, the rooftop is ready for your big idea. The rooftop spans +/-6,000 square feet and includes two staircases and one elevator for easy access. The structure is strong enough to support multiple stories, allowing for additional concepts such as residential condos above a restaurant or bar. Preliminary concept plans have been developed for a rooftop restaurant and bar, and these are available for your use at no cost. They are designed to help you visualize the possibilities, though a licensed architect and structural engineer will need to finalize the plans to suit your concept. From this vantage point, you can take in one of the best views in the entire Florida Panhandle, a sweeping panorama that stretches from the Hathaway Bridge and Saint Andrews across downtown all the way to Thomas Drive, Front Beach Road, Tyndall Air Force Base, and Callaway. On a clear day, you can even see Tommy Oliver Stadium and Twenty Third Street. Photos simply cannot capture what it feels like to stand here in person. All major utilities required to operate a restaurant, bar, or additional residential units are already stubbed to the roof and ready for connection. There are no stormwater requirements, and no parking requirements are needed for this project. You can use the shared parking that downtown offers for you and your customers. A restaurant or bar here would be the crown jewel of our area. If executed with creativity and vision, this space could easily be featured in magazines across the southeast. This is your opportunity to create something iconic, an elevated destination that will redefine downtown Panama City’s skyline and nightlife. The first floor commercial space is also listed for sale. See MLS #785003

Office/Member Info

Seller Concessioins: Yes

Construction/Siding

Concrete: 1 Roof – Membrane: 1

Association Fees Include

Dumpster: 1 Insurance: 1 Management: 1 Trash Disposal: 1 Other – See Remarks: 1

Financing

Cash: 1 Conventional: 1 Will Lease: 1

Present Zoning

City: 1 Other – See Remarks: 1

Utilities

All Utilities: 1 Electric 220/240: 1 Electricity – Availabile: 1 Fuel – Natural Gas: 1 Garbage: 1 Phone – Connected: 1 Public Sewer – Connected: 1 Water Connected: 1

Waterview

Bay: 1

Accessibility Features

Accessible Common Area: 1 Accessible Doors: 1 Accessible Elevator Installed: 1 Accessible Entrance: 1 Accessible Stairway: 1 Reinforced Floors: 1

Sale Type

Other – See Remarks: 1

Business/Property

Furnished – None: 1 Handicapped Access: 1 Handicapped Facilities: 1

Floors in Unit/Home

One: 1

Heating/Cooling

Other – See Remarks: 1

Offering Type

Sale or Lease: 1 Will Divide: 1

Pricing Type

Sale Price: 1

Retail

Property Type: Condo Year Built: 1939 Unit SqFt: 5858 Building SqFt: 26400

Transport. Access

2-Lane: 1 City Road: 1 Paved: 1

Status Change Info

Status: Active

Property Features

Accessibility Features: Accessible Common Area; Accessible Doors; Accessible Elevator Installed; Accessible Entrance; Accessible Stairway; Reinforced Floors Financing: Cash; Conventional; Will Lease Offering Type: Sale or Lease; Will Divide Pricing Type: Sale Price Present Zoning: Other – See Remarks Sale Type: Other – See Remarks Utilities: All Utilities; Electric 220/240; Electricity – Availabile; Fuel – Natural Gas; Garbage; Phone – Connected; Public Sewer – Connected; Water Connected Waterview: Bay
Listing Office: Counts Real Estate Group Inc
Last Updated: February – 10 – 2026
Information deemed reliable but not guaranteed.