551 Harrison Avenue, Panama City, FL 32401
$1,800,000
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:
1/31/2026
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 building in Downtown Panama City.
More Information MLS# 776396
Contract Info
List Price/SqFt: 56.47
List Date: 2025-07-17
List Price: $1,800,000
Current Price: $1,800,000
Sub-Type: Retail
Location
Sub Area: 0203 – Bay – Central SW
Community/Resort: None
Waterfront: No
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.
Area: 02 – Bay County – Central
Street #: 551
Street Name: Harrison
Street Suffix: Avenue
State: FL
Zip Code: 32401
County: Bay
Subdivision: [No Recorded Subdiv]
Parcel ID: 19721-000-000
Legal Description: GCD PLAT LOTS 12,13,14 BLK 18 MAP 92D1
General Property Info
List Class: Commercial
Acreage: 0.24
Construction Status: Construction Complete
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.
Financing
Cash: 1
Conventional: 1
Present Zoning
City: 1
Commercial: 1
Utilities
Public Sewer – Connected: 1
Water Connected: 1
Accessibility Features
Accessible Elevator Installed: 1
Accessible Stairway: 1
Adaptable For Elevator: 1
Sale Type
As Is: 1
Floors in Unit/Home
Three Or More: 1
Transport. Access
2-Lane: 1
City Road: 1
Status Change Info
Status: Active
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: January – 31 – 2026
Information deemed reliable but not guaranteed.