2742 E Highway 390, Panama City, FL 32405

$749,499

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List Price
$749,499
Status
ACTIVE
MLS#
795300
Subtype
Commercial Sale
Year Built
1990
Lot Size
49,222
Acres
1.13
Subdivision
St A B Dev Co
Neighborhood
Bay - Central NE
MLS Area Major
Bay County - Central

Property Description

Exceptional opportunity for a new business venture, investment, or expansion of an existing operation! Situated on approximately 1.14 acres with an estimated 2025 traffic count of approximately 15,774, this highly visible property offers excellent exposure, flexibility, and a strategic location for a variety of potential commercial uses. The property is currently zoned C-1 Neighborhood Commercial with a Future Land Use designation of General Commercial (GCOM/GENCOM). Bay County's C-1 zoning provides for lower-intensity commercial uses serving surrounding areas, with allowable uses including certain retail, food service establishments, pharmacies, day care centers, florist/flower shops, clothing/novelty shops, convenience stores, and other uses as provided by Bay County regulations. The General Commercial Future Land Use designation adds another important consideration for an investor or business owner evaluating the property's long-term potential. Prospective buyers should consult Bay County regarding zoning, development requirements, and approval of any intended use. The structure offers approximately 3,067 square feet of heated and cooled space, providing numerous possibilities for commercial use. Select listing photos have been virtually staged to illustrate one possible medical or professional office configuration; however, the property is not limited to the uses depicted. The flexible interior layout provides an opportunity to customize the space to suit a buyer's specific business needs, subject to applicable approvals. Outside, the property offers additional advantages rarely found with a typical commercial space. The front provides potential for expanded parking, while the rear is enclosed by attractive white vinyl privacy fencing and offers an expansive area that could be utilized for company gatherings, employee breaks, outdoor entertaining, or other approved uses. The pond creates a distinctive backdrop, offering an attractive setting for employees, clients, and visitors. Additional features include an attached three-car garage offering valuable parking or storage space, oversized existing concrete parking, a durable metal roof, private well, septic system, and public sewer available roadside. Property is located in Flood Zone X. With approximately 4,930 total square feet, 1.14 acres, high visibility, commercial zoning, General Commercial Future Land Use, and room to adapt both the interior and exterior spaces, this property presents an exceptional opportunity for an owner-user or investor seeking maximum exposure and long-term potential. Buyer to verify traffic count, zoning, Future Land Use designation, allowable and conditional uses, utility availability, parking requirements, development requirements, and intended use with Bay County and other appropriate authorities. Square footage and measurements are approximate. If measurements are deemed important, please verify.

Additional Information

Elementary School
Deer Point
Middle School
Mowat
High School
Mosley

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Calculator source: Real Geeks

Listing courtesy of Think Real Estate.