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: $1,690,000 List Date: 4/01/2019 Last Modified: 10/04/2024

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.

More Information MLS# 681966

Contract Info

List Price/SqFt: 31.47 List Date: 2019-02-08 List Price: $1,690,000 Current Price: $1,300,000 Sub-Type: Industrial

Location

Sub Area: 0202 – Bay – Central SE Community/Resort: None Waterfront: No Elementary School: Springfield Middle School: Everitt High School: Rutherford Directions: These two parcels are located on Kraft St. between 5th & 10th Street. Area: 02 – Bay County – Central Street #: 722/724 Street Name: Kraft State: FL Zip Code: 32401 County: Bay Subdivision: [No Recorded Subdiv] Parcel ID: 15441-000-000 15443-000-000 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 Acreage: 2.65 Construction Status: Construction Complete SqFt – Warehouse: 48330 SqFt Tot Bldg: 53694 Year Built: 1973

Listing Info, Tax and Legal

HOA Fee: No

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.

Status Change Info

Sold Price/SqFt: 24.21 Sold Price/Acre: 490566.04 Status: Sold Under Contract Date: 2019-08-26 Sold Date: 2019-08-26 Sold Price: $1,300,000

Construction/Siding

Siding – Metal: 1

Financing

Conventional: 1

Present Zoning

Commercial: 1

Utilities

All Utilities: 1

Business/Property

Freestanding Building: 1 Office Area: 1

Floors in Unit/Home

One: 1

Industrial

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

Transport. Access

2-Lane: 1

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.