202 W 6th St - Freestanding FOR SALE


Panama City, FL 32401- Downtown Panama City
$1,400,000 USD
202 W 6th St, Panama City, FL for Sale
$1,400,000 USD
Freestanding - FOR SALE
1/5
null | 12.3% Cap Rate

202 W 6th St
Panama City, FL 32401
Downtown Panama City


HIGHLIGHTS

  • 8,970 SF Flex Warehouse – Large open warehouse space ideal for distribution, storage, light manufacturing, contractor operations, or flex
  • Prime Downtown Panama City Location – Positioned on W 6th St with convenient access to downtown businesses, the waterfront
  • Strong Income Potential – Projected gross rent of $14,703/month with an estimated NOI of $172,232/year.
  • Flexible DTD Zoning – Supports a variety of warehouse, commercial, retail, office, and mixed-use redevelopment opportunities.
  • Opportunity Zone Property – Located within an Opportunity Zone, offering potential long-term tax advantages for qualifying investors.
  • Growing Panama City Market – Located in an expanding downtown district benefiting from continued redevelopment, business growth

OVERVIEW

Address: 202 W 6th St Panama City, FL 32401 County: Bay County Parcel ID: 19516-000-000 | 19517-000-000 | 20091-000-000 Building size: 8,970 sqft Land size: 0.48 acre Zoning: DTD Layout: Large warehouse space Sewer: Connected Water: City Water. Connected Electric: Connected Road Access: Yes Flood Zone: No Wetlands: No Opportunity zone: True Rent Info: Potential Gross Rent: $14,703/month Potential NOI: $172,232 Showing property visits by appointment only. Call\ Text to schedule Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes. We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner. All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$163 USD /SF

CAP RATE

12.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8,970 sqft Flex Warehouse | Panama City, FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,590 SF

ZONING

DTD

APN/PARCEL ID

19516-000-000

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