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2401 E 5th Street, Panama City, FL

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2401 E 5th Street

Panama City, FL 32401

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1955
Building Size:10,760 SF Land Area:1.21 AC (52,751 SF)
For Sale Price:$625,000 Price/SF:$58.09
Cap Rate:-
Parking:Free Surface spaces are available; Ratio of 8.79/1,000 SF
10,760 SF is available to occupy upon purchase.

Sale Notes:
This is the former IGA grocery store located in the Cove area of Panama City. The parking lot has been completely redone and a new roof has been put on. All of the equipment works except for the produce cooler and there is a leak in the front cooler. The building is otherwise ready to open and is a value at the current asking price.

This property is located on East Business 98 in the Cove area of Panama City. This is a corner location with great visibility.

Nations Real Estate, LLC.
Darren Haiman
(850) 785-2233 x2

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