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  • Price$1,200,000
  • SQ. Feet1,000
  • Acres0.93
  • Built2020

5500 E Hwy 98 Bus, Panama City

Here's a great opportunity for your business on one of the busiest intersections in the county, smack-dab in the middle of the business corridor of Parker, FL. This general commercial lot is located on 2 principle artery roadways, with average daily traffic counts of over 19000/day on Tyndall Parkway- Hwy 98, and 7900 per day on E.Business 98, according to the Florida DOT; making this parcel extremely convenient to Tyndall Air Force Base and Mexico Beach. Acquire this prime commercial location with road frontage on 3 sides, including approx 184 feet of Hwy 98 frontage! Included in the sale is a brand new 3360 SF building with 1000 SF of heated and cooled space. This is a turn-key operation to acquire an established, thriving Auto sales location. No other auto shops licenses will be granted on this main artery to Tyndall and Mexico Beach. Or, this commercial location can accommodate whatever you're needing with development standards of: Maximum building height is 60 feet/6 stories, 10 ft setbacks on 3 sides, and maximum lot coverage of 90% allowable. This quaint, small area of Florida is growing with visitors due to the bays, bayous, new developments and new city fishing pier and boat launch, all within a few blocks of this parcel. . (Some, not all inventory shall convey. Lifts and permanent structures to convey. Buyer to verify any and all information that is important.)

Essential Information

  • MLS® #745653
  • Price$1,200,000
  • Bathrooms0.00
  • Square Footage1,000
  • Acres0.93
  • Year Built2020
  • TypeCommercial Sale
  • StatusActive

Amenities

  • UtilitiesElectricity Available, Sewer Available, Water Available
  • FeaturesCorner Lot

Exterior

  • Lot DescriptionCorner Lot
  • RoofMetal
  • FoundationSlab

Additional Information

  • Date ListedJuly 27th, 2023

Community Information

  • Address5500 E Hwy 98 Bus
  • Area02 - Bay County - Central
  • SubdivisionCrown Point
  • CityPanama City
  • CountyBay
  • StateFL
  • Zip Code32404

Interior

  • AppliancesTankless Water Heater
  • HeatingMultiple Heating Units
  • CoolingMulti Units, Partial
  • Stories2

School Information

  • ElementaryTyndall
  • MiddleEveritt
  • HighRutherford

Listing Details

  • Listing OfficeOverstreet Realty
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DISCLAIMER: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Source: Bay County Association Of REALTORS® Multiple Listing Service