2900 E 5th St - Restaurant FOR SALE


Panama City, FL 32401
$560,000 USD
2900 E 5th St, Panama City, FL for Sale
$560,000 USD
Restaurant - FOR SALE
1/41
null | 14.25% Cap Rate

2900 E 5th St
Panama City, FL 32401


HIGHLIGHTS

  • 3,486 SF Mixed-Use Investment Property – Two-building asset featuring retail, restaurant, office, and residential components
  • Restaurant + Apartment Combination – The primary 2,874 SF building includes a restaurant on the ground floor with a residential apartment above
  • Additional Retail Building – Separate 1,262 SF building currently configured as a tattoo shop, providing diversified tenant opportunities
  • Prime Panama City Location – Positioned on E 5th St in Bay County with strong access to surrounding residential neighborhoods and commercial corridors
  • Strong Traffic Exposure – Located along a corridor with approximately 19,300 Daily Traffic, delivering excellent visibility and customer access
  • Strong Income Potential – Projected gross rent of $6,783/month with estimated NOI of $79,827/year, making it an attractive cash-flow investment.

OVERVIEW

Address: 2900 E 5th St Panama City, FL 32401 County: Bay County Parcel ID: 23300-000-000 Building size: 3,486 sqft Land size (acre): 0.33 Land size (sqft): 14,375 Layout: 2 Buildings Sewer: Connected Water: City Water. Connected Electric: Connected Road Access: Yes Flood Zone: No Wetlands: No Opportunity zone: False Investment Highlights Rent Info: Potential Gross Rent: $6,783/month Potential NOI: $79,827 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

$560,000 USD

PRICE/SF

$356 USD /SF

CAP RATE

14.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3,486 sqft Retail/Multi-Family Panama City FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,374 SF

ZONING

NG

APN/PARCEL ID

23300-000-000

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