Active

2306 Hwy 77

Panama City FL, 32405

$1,100,000


$271.74 per sqft

Active

4,048 sqft

Commercial

Built in 1984

Once in a lifetime opportunity to buy one of the best High Traffic corners in Panama City. Corner of 23rd Street and Hwy 77 both are 4 lane, in the heart of the city. This medical building Traffic count is 21,347 daily on 23rd, and 27,219 on Hwy 77. Almost 10 million cars a year go by this property. The sale also includes a Giant Billboard with $1,667 a month income. (renews next april for more). Currently leased on Triple Net lease with approx 7% cap rate. Over 4,000 sf of Medical space. Has a Reception room, lab room, X-ray room, Large office, trauma room, staff room, 2 storage rooms, waiting room and 6 exam rooms. Also has a metal roof, ample parking, Large corner lighted pole sign at the corner by red light for high visibility. Corner lot is 115x130. over 1/3rd of an acre.** The seller is going to accept contracts for 30 days and on Oct 5th they will select the wining buyer based on price and terms. ** information herein is as an estimate only and is not guaranteed for accuracy.

762279

MLS ID

September 5, 2024

Listed

September 13, 2024

Updated

Map

2306 Hwy 77
Panama City FL, 32405

Interior Features

Total Stories

1


Appliances

Electric Water Heater


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Electric, High Efficiency, Multi Units


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

0.36 Acres


Lot Features

Corner Lot, Landscaped


Roof

Metal

School Information

High School

Bay


Elementary School

Hiland Park

Other Property Details

Area Name

02 - Bay County - Central


Days on Market

8


Garage

No


View

No


County

Bay


Pool

No

 

Courtesy of CitiStar Realty, Butch Metcalf,
Listing Contact: (850) 319-6324 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Real Experts shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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