436 Harrison Avenue 400, Panama City, FL 32401 (MLS# 785006)

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

Overview

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 c … (Read more) 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

Listing Details MLS# 785006

Contract Info

List Price/SqFt: 41.67
Sub-Type: Retail

Location

Area: 02 – Bay County – Central
Street #: 436
Street Name: Harrison
Street Suffix: Avenue
Unit #: 400
State: FL
Zip Code: 32401
County: Bay
Sub Area: 0203 – Bay – Central SW
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: No
Parcel ID: 19553-000-000
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
Legal Description: GULF COAST DEV CO PLAT LOT 10 BLK 2 ORB 4632 P 12

General Property Info

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

Retail

Year Built: 1939
Unit SqFt: 5858
Building SqFt: 26400

Listing Info, Tax and Legal

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

More Information

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: Yes
Roof – Membrane: Yes

Association Fees Include

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

Financing

Cash: Yes
Conventional: Yes
Will Lease: Yes

Present Zoning

City: Yes
Other – See Remarks: Yes

Utilities

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

Waterview

Bay: Yes

Accessibility Features

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

Sale Type

Other – See Remarks: Yes

Business/Property

Furnished – None: Yes
Handicapped Access: Yes
Handicapped Facilities: Yes

Floors in Unit/Home

One: Yes

Heating/Cooling

Other – See Remarks: Yes

Offering Type

Sale or Lease: Yes
Will Divide: Yes

Pricing Type

Sale Price: Yes

Transport. Access

2-Lane: Yes
City Road: Yes
Paved: Yes

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.