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

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.

More Information MLS# 784825

Contract Info

List Price/SqFt: 118.01 List Date: 2026-02-06 List Price: $2,500,000 Current Price: $2,500,000 Sub-Type: Office

Location

Sub Area: 0202 – Bay – Central SE Community/Resort: None Waterfront: No 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. Area: 02 – Bay County – Central Street #: 5420 Street Name: Hickory Street Suffix: Street State: FL Zip Code: 32404 County: Bay Subdivision: W H Parker Parcel ID: 25158-010-000 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 Acreage: 2.5 Immediate Occupancy: Yes Construction Status: Construction Complete SqFt HVAC: 21184 # of Stories in Building: 1 SqFt Tot Bldg: 21184 Year Built: 1988

Listing Info, Tax and Legal

HOA Fee: No

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: 1 Roof – Metal: 1 Siding – Alum Metal: 1

Energy

AC – 2 or More: 1 AC – Central Elect: 1 Heat – Central Electric: 1

Financing

Cash: 1 Conventional: 1

Present Zoning

City: 1 General Commercial: 1

Utilities

Electric 220/240: 1 Phone – Connected: 1 Public Sewer – Connected: 1 Water Connected: 1

Business/Property

Freestanding Building: 1 Furnished – None: 1 Handicapped Access: 1 Kitchen Area: 1 Office Area: 1 Restrooms – Private: 1 Restrooms – Public: 1 Sign: 1

Floors in Unit/Home

One: 1

Heating/Cooling

AC – Entire: 1 AC – HVAC: 1 Heat – HVAC: 1

Industrial

Sprinklers?: Yes Property Type: Flex Space

Offering Type

Sale or Lease: 1

Site Description

Cleared: 1 Level: 1

Transport. Access

2-Lane: 1 Paved: 1

Status Change Info

Status: Active

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.