2629 W 23rd St - Office FOR SALE


Panama City, FL 32405- St Andrews
$660,000 USD
850-235-0578
2629 W 23rd St, Panama City, FL for Sale
$660,000 USD
Office - FOR SALE
1/25
null | Request Cap Rate

2629 W 23rd St
Panama City, FL 32405
St Andrews


OVERVIEW

Located along one of Panama City's busiest commercial corridors, this professional office property offers exceptional visibility and accessibility with an Average Annual Daily Traffic (AADT) of 26,000 vehicles. The building totals 3,360 square feet of heated and cooled space, divided into four individual office suites of 840 square feet each. Zoning is GC-2. New roof installed in 2019. Currently, Suites E and F are leased, providing immediate income, while Suites G and H are vacant and move-in ready ideal for an owner occupant seeking to offset expenses with rental income or for an investor ready to lease out the remaining space. Its location on W. 23rd Street positions it within minutes of major retailers, restaurants, and other professional services, making it a strategic choice for any business or investor seeking stability and visibility in the heart of Panama City's commercial district.

FOR SALE DETAILS

PRICE

$660,000 USD

PRICE/SF

$170 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical, Telecom Hotel/Data Hosting, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

GC 2

APN/PARCEL ID

28477-012-000

ASK ABOUT THIS PROPERTY

Zack SeltzerSeltzer Real Estate, LLCMore Info
850-235-0578

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Zack SeltzerSeltzer Real Estate, LLCMore Info
850-235-0578

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