551 Harrison Avenue, Panama City, FL 32401 (MLS# 776396)

551 Harrison Avenue, Panama City, FL 32401

$1,800,000

Main Level/stairwell to basement in front

Main level/Stairwell to basement in back

Property Type: Commercial for Sale Square Footage: 31,875 Lot Size (sq. ft.): 10,454 Status: Active

Current Price: $1,800,000 List Date: 1/31/2026 Last Modified: 4/17/2026

Overview

Description

This solidly constructed, three-level commercial building offers a versatile open floor plan suitable for a variety of uses. The building is approximately 30,000 Sq Ft. It features two convenient entrances to the main floor–one with direct access from Harrison Avenue and the other is the alley way from Grace Avenue–providing flexibility for both customer and operational flow. There is also an additional front entrance on Harrison Avenue that goes to the stairway to go to the top floor, this would be great for multi business use. Public parking is readily available along Harrison Avenue, with additional public parking spaces located at the rear of the building, as well as a public parking lot at the end of Harrison Avenue and Old Business 98. The property is also equipped with a freight elevator. The Street Scape construction in front of the building is projected to be completed by the beginning of November 2025. This building is full of potential, schedule your showing today to own a … (Read more)

Listing Details MLS# 776396

Contract Info

List Price/SqFt: 56.47
Sub-Type: Retail

Location

Area: 02 – Bay County – Central
Street #: 551
Street Name: Harrison
Street Suffix: Avenue
State: FL
Zip Code: 32401
County: Bay
Sub Area: 0203 – Bay – Central SW
Subdivision: [No Recorded Subdiv]
Community/Resort: None
Waterfront: No
Parcel ID: 19721-000-000
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: From the intersection of Harrison Avenue and 6th Street go South on Harrison Avenue. The property will be on your right.
Legal Description: GCD PLAT LOTS 12,13,14 BLK 18 MAP 92D1

General Property Info

List Class: Commercial
Construction Status: Construction Complete
Acreage: 0.24
SqFt Tot Bldg: 31875
Year Built: 1959

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: This solidly constructed, three-level commercial building offers a versatile open floor plan suitable for a variety of uses. The building is approximately 30,000 Sq Ft. It features two convenient entrances to the main floor–one with direct access from Harrison Avenue and the other is the alley way from Grace Avenue–providing flexibility for both customer and operational flow. There is also an additional front entrance on Harrison Avenue that goes to the stairway to go to the top floor, this would be great for multi business use. Public parking is readily available along Harrison Avenue, with additional public parking spaces located at the rear of the building, as well as a public parking lot at the end of Harrison Avenue and Old Business 98. The property is also equipped with a freight elevator. The Street Scape construction in front of the building is projected to be completed by the beginning of November 2025. This building is full of potential, schedule your showing today to own a building in Downtown Panama City.

More Information

Financing

Cash: Yes
Conventional: Yes

Present Zoning

City: Yes
Commercial: Yes

Utilities

Public Sewer – Connected: Yes
Water Connected: Yes

Accessibility Features

Accessible Elevator Installed: Yes
Accessible Stairway: Yes
Adaptable For Elevator: Yes

Sale Type

As Is: Yes

Floors in Unit/Home

Three Or More: Yes

Transport. Access

2-Lane: Yes
City Road: Yes

Property Features

Accessibility Features: Accessible Elevator Installed; Accessible Stairway; Adaptable For Elevator Financing: Cash; Conventional Present Zoning: Commercial Sale Type: As Is Utilities: Public Sewer – Connected; Water Connected

Listing Office: Overstreet Realty

Last Updated: April – 17 – 2026

Information deemed reliable but not guaranteed.