1806 Brown Avenue, Panama City, FL 32405

Property Description

MAJOR PRICE IMPROVEMENT -- NOW OFFERED AT $550,000! This modern 3,476 SF professional office building, built in 2016, presents an exceptional opportunity for business owners and investors seeking a flexible, move-in-ready commercial property in central Panama City. The highly functional layout features 10 private offices, 2 kitchens, 2 bathrooms, a potential laundry area, and a large rear storage space, providing versatility for professional services, medical users, executive suites, co-working, or other permitted uses. A sound and security camera system is installed throughout. With a significantly improved price, this property offers tremendous potential for an owner-user looking to build equity rather than lease, or an investor seeking a value-add opportunity through individual office or whole-building lease-up. Additional opportunity: The adjacent property at 1808 Brown Avenue is also available for purchase, offering additional parking, flexible office or residential space, and existing rental income potential--creating the option for a unique multi-property professional campus. Conveniently located in central Panama City with easy access to major roadways, medical facilities, and professional services. At $550,000, this is an opportunity worth a closer look.