909 W 39th Street, Panama City, FL 32405

$6,350,000
Property Type: Commercial for Sale Square Footage: 107,890 Lot Size (sq. ft.): 522,720 Status: Sold
Current Price: $6,350,000 List Date: 4/11/2024 Last Modified: 12/05/2024

Overview

Description

Hard to find, 100,000+/- SF manufacturing facility with 8,000 SF of recently built office space attached, on a 12 acre parcel. Overhauled after Hurricane Michael, with new roof, and infrastructure renovations, this offering includes FF&E related to Sellers Textile Printing business. Much of the industry related equipment was replaced following the storm, at an estimated costs of $5 Million dollars. Sales memorandum available on request.

Listing Details MLS# 755565

Contract Info

List Price/SqFt
76.47
Sub-Type
Industrial

Location

Area
02 – Bay County – Central
Street #
909
Street Direction
W
Street Name
39th
Street Suffix
Street
State
FL
Zip Code
32405
County
Bay
Sub Area
0204 – Bay – Central NW
Subdivision
St Andrews Bay Dev Cmp
Community/Resort
None
Waterfront
No
Parcel ID
11741-080-000
Elementary School
Northside
Middle School
Jinks
High School
Bay
Directions
From Hwy 390 (St. Andrews Blvd), turn west on 39th St, property on left side at end of road. Is adjacent to the old airport property, now Sweet Bay.
Legal Description
20 3S 14W -1.15- 90D ST A B DEV CO PLAT BEG 60.1' S OF NW COR TH E 878.21' S 598.51' W 878.20' N 598.17' TO POB 12.06 AC M/L ORB 743 P 179

General Property Info

List Class
Industrial
Immediate Occupancy
No
Construction Status
Construction Complete
# of Stories in Building
Yes
Acreage
12
Frontage Ft
820
Lot Depth
600
SqFt – Office
6537
SqFt – Warehouse
96000
SqFt Tot Bldg
107890
Year Built
1980

Status Change Info

Under Contract Date
2024-05-31
Sold Date
2024-12-04
Sold Price/SqFt
58.86
Sold Price/Acre
529166.67

Industrial

# Ground Level Doors
4
Unit SqFt
96000
Building SqFt
107890
# Dock High Doors
3
Sprinklers?
Yes
Rail?
No
Office SqFt
6600

More Information

Listing Info, Tax and Legal

HOA Fee
No

Remarks & Misc

Remarks
Hard to find, 100,000+/- SF manufacturing facility with 8,000 SF of recently built office space attached, on a 12 acre parcel. Overhauled after Hurricane Michael, with new roof, and infrastructure renovations, this offering includes FF&E related to Sellers Textile Printing business. Much of the industry related equipment was replaced following the storm, at an estimated costs of $5 Million dollars. Sales memorandum available on request.

Construction/Siding

Clearance Height 18+ Ft
Yes
Floor – Concrete
Yes
Floor – Load Stressed
Yes

Financing

Conventional
Yes

Present Zoning

Industrial
Yes

Utilities

All Utilities
Yes
Electric-3 Phase
Yes

Sale Type

As Is
Yes

Business/Property

Freestanding Building
Yes
Handicapped Access
Yes
Handicapped Facilities
Yes
Kitchen Area
Yes

Floors in Unit/Home

One
Yes

Offering Type

FF&E
Yes

Transport. Access

2-Lane
Yes
Paved
Yes

Property Features

Financing: Conventional Offering Type: FF&E Present Zoning: Industrial Sale Type: As Is Utilities: All Utilities; Electric-3 Phase
Listing Office: ERA Neubauer Real Estate, Inc
Last Updated: December – 05 – 2024
Information deemed reliable but not guaranteed.