6908 Thomas Dr - Freestanding FOR SALE


Panama City Beach, FL 32408
$1,900,000 USD
850-814-9889
6908 Thomas Dr, Panama City Beach, FL for Sale
$1,900,000 USD
Freestanding - FOR SALE
1/37
null | Request Cap Rate

6908 Thomas Dr
Panama City Beach, FL 32408


OVERVIEW

Prime Commercial Opportunity - Gulf View Property on Thomas Drive. This rare .54-acre Gulf-view property is zoned C-1 Neighborhood Commercial, offering a wide range of development possibilities. Situated in the heart of Panama City Beach, just 800 feet from the Gulf of America. The 6,985 square foot building includes 0.54 of an acres with 100 feet of frontage on Thomas Drive, extending 235 feet through to Beach Drive. Masonry (concrete block) construction. The second floor includes 3 office/storage rooms, and additional bathrooms. Property Features: • High visibility in a bustling tourist corridor, surrounded by high-rise condos, restaurants, public beach access, and major attractions. Previously operated as a bar/restaurant. Recent renovations include complete build-out and new HVAC system. On-site monument sign. Inventory available for purchase if buyer wishes to maintain the existing Sunny Side Beach Store. The property is high and dry, not in a flood zone, and no wetlands. One block to the Gulf! Zoned C-1 ''Neighborhood Commercial'', which allows for commercial, mixed-use, or multifamily development • Density: Up to 15 units per acre • Maximum Building Height: 35 feet • Impervious Surface Ratio: 60% • Floor Area Ratio: 100% • Setbacks: 20 ft front/rear, 5 ft side.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$272 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Storefront, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

Commercial

APN/PARCEL ID

30766-010-000

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.