5500 E Hwy 98 Bus Active

Panama City,FL 32404

$ 1200000

- Bed

- Bath

1000 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,000 sqft

Price per Sqft $1,200

Subdivision Crown Point

MLS Listing ID 745653

Year Built 2020

Lot Size 0.930 Acres

Property Description

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.)

Location

State FL

County Bay

Area 02 - Bay County - Central

Interior

Heating Multiple Heating Units

Cooling Multi Units,Partial

Exterior

Utilities Available Electricity Available,Sewer Available,Water Available

Waterfront No

Roof Type Metal

Building

Lot Description Corner Lot

Foundation Slab

Sewer Public Sewer

Water Public

Schools

Elementary Schools Tyndall

Middle Schools Everitt

High Schools Rutherford

Others

Acceptable Financing Cash,Conventional,FHA

Listing Terms Cash,Conventional,FHA

Special Listing Condition Listed As-Is

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