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$ 859,000
Est. payment /mo
Price Dropped by $16K
1806&1808 Brown AVE Panama City, FL 32405
4,286 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,286 sqft
Price per Sqft $200
Subdivision Bayview Add
MLS Listing ID 786852
HOA Y/N No
Year Built 2016
Lot Size 0.400 Acres
Acres 0.4
Property Sub-Type Other
Property Description
🚨 PRICE REDUCED + $25,000 BUYER IMPROVEMENT ALLOWANCE! 🚨 Rare opportunity to acquire two contiguous GC-1 zoned properties in Panama City's Bayview Addition, now offered together at a newly reduced package price of $859,000. The seller is also offering a $25,000 credit at closing to assist with customization, reconfiguration, or tenant improvements, providing added flexibility for owner-users and investors alike. This unique assemblage combines a modern commercial building with an income-producing residential property, creating multiple income and use scenarios. 1806 Brown Ave features a 3,476 SF building constructed in 2016, offering flexible space suitable for a variety of commercial, professional, medical, salon, or service-based uses. 1808 Brown Ave, built in 2017, is a 2-bedroom, 1-bath residence currently tenant occupied, generating approximately $2,600 per month in rental income. The adjacent parcel also provides valuable additional parking for 1806 and includes a detached garage suitable for office, storage, workshop, or flex space. Together, the properties create a rare opportunity for a business owner seeking a professional campus environment or an investor looking for in-place income and future upside.
Location
State FL
County Bay
Area 02 - Bay County - Central
Interior
Fireplace No
Exterior
Private Pool No
Schools
Elementary Schools Lucille Moore
Middle Schools Jinks
High Schools Bay
Others
Tax ID 28268-000-000 & 28269-000-000
Special Listing Condition Listed As-Is
Listed by Luxe Coastal Realty Group LLC
NEARBY SCHOOLS & PROPERTIES
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