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.