220 Mckenzie Ave - Office FOR SALE


Panama City, FL 32401- Downtown Panama City
$2,950,000 USD
850-814-9889
220 Mckenzie Ave, Panama City, FL for Sale
$2,950,000 USD
Office - FOR SALE
1/97
null | Request Cap Rate

220 Mckenzie Ave
Panama City, FL 32401
Downtown Panama City


HIGHLIGHTS

  • Waterfront on Massalina Bayou
  • Adjacent to the Bay County Courthouse
  • Downtown Panama City
  • Quality Masonry Construction
  • Gorgeous wood moldings, paneling, and trim
  • Panama City's Premier Law Office

OVERVIEW

The Barron & Redding Law Office is available for sale. One of the most prestigious Class “A” law office buildings in Panama City. Located adjacent to the Bay County Courthouse on Massalina Bayou which leads directly to St. Andrew Bay and the Gulf of America. The 10,157 square foot, two-story office building is situated on 1.1 acres. Masonry construction with brick veneer and huge windows throughout. The entire office has extensive wood moldings, paneling, and trim, particularly in the attorney’s offices, conference rooms, and law library. The two-story office includes 18 large private offices, 2 conference rooms, a law library, open office for paralegals and administration, workspace, large breakroom, and reception. Built in 1986 and renovated in 2019 following Hurricane Michael. The well-constructed building received minor damage from the Hurricane. The owners completed the following renovations: all new storm-rated impact windows and doors, new roof, new HVAC systems, and new flooring. There is +/-550 linear waterfront feet on Massalina Bayou with a submerged land lease in-place that provides for the deep-water dock space with a large pier and wooden dock capable of accommodating several large boats. Gorgeous views across Massalina Bayou. The Bay County Courthouse is less than 300’ up McKenzie Avenue. Beautiful landscaping with mature oak trees all over the property. The location cannot be matched, and they truly do not make them like this anymore. The site plan, elevations, and floor plans are attached. Call for further details and to schedule a tour. Barron & Redding is merging with Hand Arendall.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$290 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

The Barron & Redding Law Office

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

Downtown District (DTD)

APN/PARCEL ID

20156-000-000

ASK ABOUT THIS PROPERTY

Chris McCall, SIORCounts Real Estate Group Inc.- Commercial DivisionMore Info
850-814-9889

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Chris McCall, SIORCounts Real Estate Group Inc.- Commercial DivisionMore Info
850-814-9889

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.