722/724 Kraft, Panama City, FL 32401 (MLS# 681966)

722/724 Kraft, Panama City, FL 32401

$1,300,000

Property Type: Commercial for Sale Square Footage: 53,694 Lot Size (sq. ft.): 115,434 Status: Sold

Current Price: $1,300,000 List Date: 4/01/2019 Last Modified: 10/04/2024

Overview

Description

There are two large warehouses with a large fenced lot next door. There is current a tenant leasing the majority of the larger warehouse until fall of 2020 which would bring in additional income for the time being. The owner is occupying the smaller warehouse but can vacate with a justified offer.

Listing Details MLS# 681966

Contract Info

List Price/SqFt: 31.47
Sub-Type: Industrial

Location

Area: 02 – Bay County – Central
Street #: 722/724
Street Name: Kraft
State: FL
Zip Code: 32401
County: Bay
Sub Area: 0202 – Bay – Central SE
Subdivision: [No Recorded Subdiv]
Community/Resort: None
Waterfront: No
Parcel ID: 15441-000-000 15443-000-000
Elementary School: Springfield
Middle School: Everitt
High School: Rutherford
Directions: These two parcels are located on Kraft St. between 5th & 10th Street.
Legal Description: These dry, secure warehouses are now available in Panama City, FL. Over 48,000 square feet of warehouse/distribution space is served by multiple roll up doors, one dock high loading platform, delivery height platform that runs along one side and a ramp for forklift access to the parking lot. There is a small office space that could be improved and one bathroom.

General Property Info

List Class: Industrial
Construction Status: Construction Complete
Acreage: 2.65
SqFt – Warehouse: 48330
SqFt Tot Bldg: 53694
Year Built: 1973

Status Change Info

Under Contract Date: 2019-08-26
Sold Date: 2019-08-26
Sold Price/SqFt: 24.21
Sold Price/Acre: 490566.04

Industrial

# Ground Level Doors: 6
Sprinklers?: Yes
Price P/SqFt: 34.97

Listing Info, Tax and Legal

HOA Fee: No

More Information

Remarks & Misc

Remarks: There are two large warehouses with a large fenced lot next door. There is current a tenant leasing the majority of the larger warehouse until fall of 2020 which would bring in additional income for the time being. The owner is occupying the smaller warehouse but can vacate with a justified offer.

Construction/Siding

Siding – Metal: Yes

Financing

Conventional: Yes

Present Zoning

Commercial: Yes

Utilities

All Utilities: Yes

Business/Property

Freestanding Building: Yes
Office Area: Yes

Floors in Unit/Home

One: Yes

Transport. Access

2-Lane: Yes

Property Features

Financing: Conventional Present Zoning: Commercial Utilities: All Utilities

Listing Office: Coldwell Banker Realty

Last Updated: October – 04 – 2024

Information deemed reliable but not guaranteed.