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  • Price$275,000
  • Acres0.34
  • Built1982

936 Magnolia Avenue, Panama City

This property in downtown Panama City presents an exceptional opportunity for aspiring business owners. With its prime location and versatile layout, it offers numerous possibilities for various business ventures. Key features of this property include:Prime Location: Situated in downtown Panama City, the property enjoys high visibility and accessibility, making it an ideal spot for attracting customers and clients.Ample Parking: The large parking lot with space for approximately 20 cars ensures convenience for both customers and employees, enhancing the appeal of the property.Versatile Layout: With 5 office spaces, a bathroom with a shower, and plenty of indoor storage space, the property offers flexibility to accommodate different types of businesses.Previous Usage: The property has a history of successful use as a dental clinic, jewelry store, and most recently, a barber shop. This diverse background highlights its adaptability to various business concepts.Included Equipment: The conveyance of barber chairs and equipment adds value to the property, especially for entrepreneurs looking to establish a salon or similar business.The metal roof, installed in 2018, enhances the property's durability and energy efficiency, offering peace of mind to potential buyers.Potential business options for this property include:Office Space: Utilize the office spaces for professional services such as consulting firms, law offices, or real estate agencies.Boutique Storefront: Transform the property into a trendy boutique offering clothing, accessories, or specialty items.Salon or Spa: Capitalize on the existing amenities and equipment to create a stylish salon or spa catering to beauty and wellness services.Other Retail Ventures: Explore possibilities for retail ventures such as a gift shop, art gallery, or specialty food store.Overall, this property presents a compelling opportunity for entrepreneurs seeking a prime location and versatile space to establish their business in downtown Panama City. Interested parties are encouraged to explore this opportunity further to unlock its full potential.

Essential Information

  • MLS® #754134
  • Price$275,000
  • Bathrooms0.00
  • Acres0.34
  • Year Built1982
  • TypeCommercial Sale
  • Sub-TypeOffice
  • StatusActive

Amenities

  • UtilitiesElectricity Available, Sewer Available, Water Available

Exterior

  • RoofMetal

Additional Information

  • Date ListedFebruary 27th, 2024

Community Information

  • Address936 Magnolia Avenue
  • Area02 - Bay County - Central
  • Subdivision[No Recorded Subdiv]
  • CityPanama City
  • CountyBay
  • StateFL
  • Zip Code32401

Interior

  • InteriorConcrete
  • CoolingCentral Air, Electric
  • Stories1

School Information

  • ElementaryCherry Street
  • MiddleJinks
  • HighBay

Listing Details

  • Listing OfficeKeller Williams Success Realty

Price Change History for 936 Magnolia Avenue, Panama City, FL (MLS® #754134)

Date Details Price Change
Price Reduced (from $299,900) $275,000 $24,900 (8.30%)
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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