6213 E Highway 98 - Restaurant FOR SALE


Panama City, FL 32404
$599,900 USD
850-865-9070
6213 E Highway 98, Panama City, FL for Sale
$599,900 USD
Restaurant - FOR SALE
1/10
null | Request Cap Rate

6213 E Highway 98
Panama City, FL 32404


HIGHLIGHTS

  • waterfront and with Highway 98 frontage
  • Possible Owner Financing

OVERVIEW

Waterfront one acre land parcel with over 100 feet on Hwy 98. Parcel has MU-2 zoning allowing up to 25 units/acre and is only 2 miles from Tyndall military entrance. High traffic corridor that has over 40,000 traffic trips daily. Was once used as a restaurant and has a large storage building on the rear of the property. Would also be perfect for multi-family townhomes and could be combined with the purchase of the adjacent one acre commercial parcel. There is a usable large commercial sign that can be modified easily for any new use. Price is negotiable bring all serious offers. Owner Financing with Approved Application, call Broker for financing options.

FOR SALE DETAILS

PRICE

$599,900 USD

PRICE/SF

$148 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Waterfront Commercial Property

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,174 SF

ZONING

C-1

APN/PARCEL ID

26230-000-000

ASK ABOUT THIS PROPERTY

Ron FriesenBeach Sunsets Inc.More Info
850-865-9070

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Ron FriesenBeach Sunsets Inc.More Info
850-865-9070

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