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104 Thomas Drive, Panama City, FL

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104 Thomas Drive

Panama City, FL 32408

Property Type:Retail Sub Type:Restaurant Status:Existing Year Built:1985
Building Size:3,377 SF Land Area:1.82 AC (79,279 SF)
For Sale Price:$485,000 Price/SF:$143.62
Cap Rate:-
Parking:Free Surface spaces are available; Ratio of 6.51/1,000 SF
Features:Dedicated Turn Lane
3,377 SF is available to occupy upon purchase.

Sale Notes:
Prime Panama City Beach commercial location conveniently located on Thomas Drive, just south of the Hathaway Bridge and across from the Navy Base. The building is currently operated as a commercial laundry, all furniture fixtures and equipment conveys separately, and includes washing machines, dryers and miscellaneous trade items. Site includes Three Phase Power and TECO Natural Gas and was previous used as a restaurant with cooking hood ducting in place and service windows in the front and the south sides of the building. High traffic count on Thomas Drive with 31,500 vehicles per day (2015 FDOT). Site is zoned General Commercial (C-3- Bay County), which allows for many commercial uses. The owner is offering creative owner financing options, which can include leasing or purchasing of the laundry equipment. The site includes undeveloped land behind the building for expansion or future development. It' s central location on this busy commercial corridor and great visibility makes this site perfect for a multitude of commercial applications with easy access to serve all Panama City Beach market areas and Panama City via the Hathaway Bridge.

Counts Real Estate Group Inc
Charlie Haas
(850) 248-3615 x2

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