5420 Hickory Street, Panama City, FL 32404

$2,500,000
Property Type: Commercial for Sale Square Footage: 21,184 Lot Size (sq. ft.): 108,900 Status: Active
Current Price: $2,500,000 List Date: 2/06/2026 Last Modified: 2/06/2026

Overview

Description

This property is a prime commercial opportunity located in Panama City, FL, offering 21,184 sq ft of under roof space on a 2.5-acre lot. Zoned for mixed use, this property presents an opportunity for a variety of businesses. Fully renovated post-hurricane, it has a new 24-gauge standing seam metal roof and is constructed using red iron clear span beams. This construction allows for interior changes to be easily accomplished. Inside, you will find multiple reception areas, executive offices, and a kitchenette. The open footprint of the building allows for a wide range of uses for a multitude of businesses. A separate entrance on the left side allows for potential subletting. Parking lot accommodates 4 spaces per 1000 sq ft with room to expand. All utilities are easily accessible, and open roof access allows for modifications.

Listing Details MLS# 784825

Contract Info

List Price/SqFt
118.01
Sub-Type
Office

Location

Area
02 – Bay County – Central
Street #
5420
Street Name
Hickory
Street Suffix
Street
State
FL
Zip Code
32404
County
Bay
Sub Area
0202 – Bay – Central SE
Subdivision
W H Parker
Community/Resort
None
Waterfront
No
Parcel ID
25158-010-000
Elementary School
Parker
Middle School
Everitt
High School
Rutherford
Directions
Directions from ALDI (5500 East 7th Street, Callaway, FL 32404) -Head north on Phillips Ct. Go for 482 ft. -Turn right onto Hickory St. Go for 0.2 mi. -Turn left onto S Tyndall Pkwy (US-98 W). Go for 1.5 mi. -Turn left onto E 7th St. Go for 479 ft.
Legal Description
W H PARKER PLAT-(2.12)-119A4- BEG 25' S OF NW COR LOT 2 TO S R/W LI HICKORY ST FOR POB; TH CONT S 636.69' E 209.06' N 348.74' W 84.06' N 288' TO SR R/W LI HICKORY AV W 125' TO POB ORB 4589 P 2293

General Property Info

List Class
Commercial
Immediate Occupancy
Yes
Construction Status
Construction Complete
# of Stories in Building
Yes
Acreage
2.5
SqFt HVAC
21184
SqFt Tot Bldg
21184
Year Built
1988

Industrial

Sprinklers?
Yes

Listing Info, Tax and Legal

HOA Fee
No

More Information

Remarks & Misc

Remarks
This property is a prime commercial opportunity located in Panama City, FL, offering 21,184 sq ft of under roof space on a 2.5-acre lot. Zoned for mixed use, this property presents an opportunity for a variety of businesses. Fully renovated post-hurricane, it has a new 24-gauge standing seam metal roof and is constructed using red iron clear span beams. This construction allows for interior changes to be easily accomplished. Inside, you will find multiple reception areas, executive offices, and a kitchenette. The open footprint of the building allows for a wide range of uses for a multitude of businesses. A separate entrance on the left side allows for potential subletting. Parking lot accommodates 4 spaces per 1000 sq ft with room to expand. All utilities are easily accessible, and open roof access allows for modifications.

Construction/Siding

Floor – Tile
Yes
Roof – Metal
Yes
Siding – Alum Metal
Yes

Energy

AC – 2 or More
Yes
AC – Central Elect
Yes
Heat – Central Electric
Yes

Financing

Cash
Yes
Conventional
Yes

Present Zoning

City
Yes
General Commercial
Yes

Utilities

Electric 220/240
Yes
Phone – Connected
Yes
Public Sewer – Connected
Yes
Water Connected
Yes

Business/Property

Freestanding Building
Yes
Furnished – None
Yes
Handicapped Access
Yes
Kitchen Area
Yes
Office Area
Yes
Restrooms – Private
Yes
Restrooms – Public
Yes
Sign
Yes

Floors in Unit/Home

One
Yes

Heating/Cooling

AC – Entire
Yes
AC – HVAC
Yes
Heat – HVAC
Yes

Offering Type

Sale or Lease
Yes

Site Description

Cleared
Yes
Level
Yes

Transport. Access

2-Lane
Yes
Paved
Yes

Property Features

Energy: AC – 2 or More; AC – Central Elect; Heat – Central Electric Financing: Cash; Conventional Offering Type: Sale or Lease Present Zoning: General Commercial Site Description: Cleared; Level Utilities: Electric 220/240; Phone – Connected; Public Sewer – Connected; Water Connected
Listing Office: Legacy Premier Agency
Last Updated: February – 06 – 2026
Information deemed reliable but not guaranteed.