7157 Front Beach Road, Panama City Beach, FL 32407 (MLS# 766057)

7157 Front Beach Road, Panama City Beach, FL 32407

$3,800,000

77,596 Sq. Ft._Warehouse-Research and De

Property Type: Commercial for Sale Square Footage: 89,638 Lot Size (sq. ft.): 280,962 Status: Sold

Current Price: $3,800,000 List Date: 12/11/2024 Last Modified: 12/11/2024

Overview

Description

Lindsey’s Furniture is relocating and plans to vacate the building by the end of the year. Entered for comp purposes. The building is now available for lease. Previously occupied by Wayne’s World RV and originally built by Wal-Mart in 1985. Fantastic location. Easily accessible and tremendous exposure. Landlord will consider subdividing for long-term credit tenants. Potential uses include retail, storage/warehouse, research & development, etc. Sq. Ft.: 77,596 Total Heated & Cooled SF. 68,290 SF 1st Floor. 9,306 SF 2nd Floor (office, storage, and apartment), + 6,600 Fenced Canopy Height: 16′ Eave-height Loading: #2, 8’W x 10’H Dock-Height #2, 12’W x 14’H Grade Doors #1, 10’W x 12’H Grade Door Power: 3-Phase, 400 and 600 Amps Zoning: C-3, General Commercial Bay County Lease Rate: $12.00 NNN Per Sq. Ft.

Listing Details MLS# 766057

Contract Info

List Price/SqFt: 44.62
Sub-Type: Retail

Location

Area: 03 – Bay County – Beach
Street #: 7157
Street Name: Front Beach
Street Suffix: Road
State: FL
Zip Code: 32407
County: Bay
Sub Area: 0319 – Beach – East
Subdivision: [No Recorded Subdiv]
Community/Resort: None
Waterfront: No
Parcel ID: 27883-600-000
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: The Lindsey's Furniture Building located within the Beachwalk Shopping Center at the southwest corner of Front Beach Road and Thomas Drive at the base of the Hathaway Bridge.
Legal Description: 32 3S 15W -27.600- BEG 1146.04' S & 582.72' W OF NE COR TH S 284' W 85' S 246' E 180' S 109.96' W 562.02' N 639.94' E 467' TO POB *** LESS HWY 98 R/W *** ORB 4139 P 274

General Property Info

List Class: Commercial
Immediate Occupancy: No
Possession Date: 1/1/2025
Construction Status: Construction Complete
# of Stories in Building: 2
Acreage: 6.45
Frontage Ft: 470
Lot Depth: 645
Lot SqFt: 280962
SqFt HVAC: 77596
SqFt Retail: 77596
SqFt – Warehouse: 77596
SqFt Tot Bldg: 89638
Year Built: 1985
Ceiling Height: 16

Status Change Info

Under Contract Date: 2024-12-02
Sold Date: 2024-12-10
Sold Price/SqFt: 42.39
Sold Price/Acre: 589147.29

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: Lindsey's Furniture is relocating and plans to vacate the building by the end of the year. Entered for comp purposes. The building is now available for lease. Previously occupied by Wayne's World RV and originally built by Wal-Mart in 1985. Fantastic location. Easily accessible and tremendous exposure. Landlord will consider subdividing for long-term credit tenants. Potential uses include retail, storage/warehouse, research & development, etc. Sq. Ft.: 77,596 Total Heated & Cooled SF. 68,290 SF 1st Floor. 9,306 SF 2nd Floor (office, storage, and apartment), + 6,600 Fenced Canopy Height: 16' Eave-height Loading: #2, 8'W x 10'H Dock-Height #2, 12'W x 14'H Grade Doors #1, 10'W x 12'H Grade Door Power: 3-Phase, 400 and 600 Amps Zoning: C-3, General Commercial Bay County Lease Rate: $12.00 NNN Per Sq. Ft.

More Information

Office/Member Info

Seller Concessioins: No

Construction/Siding

Block: Yes
Columns: Yes
Floor – Concrete: Yes
Foundation – Slab on Grade: Yes
Steel/Frame: Yes
Roof – Membrane: Yes
Roof – Pitched: Yes
Roof – Sloping: Yes

Energy

AC – 2 or More: Yes
AC – Central Elect: Yes
Insulated Doors: Yes
Water Heater – Electric: Yes

Financing

Will Lease: Yes

Present Zoning

Commercial: Yes
County: Yes
General Commercial: Yes
Other – See Remarks: Yes

Utilities

All Utilities: Yes
TV Cable: Yes
Electric 220/240: Yes
Electricity – Availabile: Yes
Electric-3 Phase: Yes
Fuel – Natural Gas: Yes
Garbage: Yes
Pest Control: Yes
Phone – Connected: Yes
Public Sewer – Connected: Yes
Water Connected: Yes

Accessibility Features

Accessible Approach with Ramp: Yes
Accessible Doors: Yes
Accessible Entrance: Yes

Business/Property

Display Windows: Yes
Furnished – None: Yes
Handicapped Access: Yes
Handicapped Facilities: Yes
Kitchen Area: Yes
Living Quarters: Yes
Office Area: Yes
Restrooms – Private: Yes
Restrooms – Public: Yes
Sign: Yes

Floors in Unit/Home

Two: Yes

Heating/Cooling

AC – Central: Yes
AC – Entire: Yes
AC – HVAC: Yes
AC – Office: Yes
AC – Warehouse: Yes
Heat – HVAC: Yes
Heat – Office: Yes
Heat – Warehouse: Yes

Offering Type

Lease Only: Yes
Will Divide: Yes

Pricing Type

Other – See Remarks: Yes

Site Description

Aerials Available: Yes
Level: Yes
Survey: Yes

Transport. Access

4-Lane: Yes
5 or More Lanes: Yes
Center Turn Lane: Yes
County Road: Yes
Deeded Access: Yes
Divided Highway: Yes
Median Cut: Yes
Paved: Yes
State Road: Yes
Other – See Remarks: Yes

Property Features

Accessibility Features: Accessible Approach with Ramp; Accessible Doors; Accessible Entrance Energy: AC – 2 or More; AC – Central Elect; Insulated Doors; Water Heater – Electric Financing: Will Lease Offering Type: Lease Only; Will Divide Pricing Type: Other – See Remarks Present Zoning: Commercial; County; General Commercial; Other – See Remarks Site Description: Aerials Available; Level; Survey Utilities: All Utilities; Electric 220/240; Electricity – Availabile; Electric-3 Phase; Fuel – Natural Gas; Garbage; Pest Control; Phone – Connected; Public Sewer – Connected; Water Connected; TV Cable

Listing Office: Counts Real Estate Group Inc

Last Updated: December – 11 – 2024

Information deemed reliable but not guaranteed.