$4,700,000
$4,700,000
For more information regarding the value of a property, please contact us for a free consultation.
3009 Highway 77 Panama City, FL 32405
26,994 SqFt
Key Details
Sold Price $4,700,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 26,994 sqft
Price per Sqft $174
Subdivision No Named Subdivision
MLS Listing ID 699626
Sold Date 12/18/20
HOA Y/N No
Year Built 2006
Lot Size 3.200 Acres
Acres 3.2
Property Description
Baldwin Place is a prime office strip center, centrally located in Panama City. The Center maintains high occupancy rates and long-term tenants. 100% Occupied. Long-term tenants. $446,109 Net Operating Income. 9.5% Cap Rate!Located at the northwest corner of Highway 77 and Baldwin Road (Adjacent to Centennial Bank). Signalized intersection at Baldwin Road and Highway 77 along with an additional median-cut and deceleration lane on Highway 77. Detailed Financials, Rent Roll and Tenant data available upon request and receipt of a confidentiality agreement.Priced to sell quickly.
Location
State FL
County Bay
Area 02 - Bay County - Central
Interior
Heating Central, Electric, High Efficiency
Cooling Central Air, Electric, High Efficiency, Multi Units
Flooring Carpet, Concrete, Tile
Fireplace No
Appliance Electric Water Heater
Exterior
Utilities Available Sewer Available, Water Available
Roof Type Metal
Building
Lot Description Easement
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Schools
Elementary Schools Hiland Park
Middle Schools Mowat
High Schools Mosley
Others
Tax ID 12859-010-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Listed As-Is
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Counts Real Estate Group Inc
GET MORE INFORMATION