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236 Mckenzie Avenue, Panama City, FL

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236 Mckenzie Avenue

Panama City, FL 32401-3129

Property Type:Office Sub Type:- Status:Existing Year Built:1916
Stories:2 Typical Floor:1,593 SF Building Size:3,187 SF
For Sale Price:$525,000 Price/SF:$164.73
Cap Rate:-
Parking:Free Surface spaces are available; Ratio of 1.57/1,000 SF

Sale Notes:
This is a great property located in historic downtown Panama City overlooking Massalina Bayou. There are a total of two buildings on this property that are included in this sale. The two story office building is approximately 2,984 SF. It is carpeted throughout and has a conference room equipped with built-in book shelves. The two-story apartment building is approximately 2,000 SF and contains 4 rental units, 3 of which are currently occupied. This is a great opportunity as a mixed-use investment property or for an office user with residual income from the apartments.
This property is located at the southeast corner of McKenzie Avenue and 3rd Court in downtown Panama City across from the Bay County Courthouse.

Nations Real Estate, LLC.
Donald Nations
(850) 785-2233

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