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704 W 23rd Street

Panama City , FL 32405

MLS#: 690188

$3,999,000

Status: Closed
Listing number: 690188
Listing provided by: Berkshire Hathaway HomeServices Beach Properties of Florida
Listing agent phone: None
Last update: a month ago
On site: 6 years ago
Browse Properties
No Named Subdivision - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1987

Sq.Footage

N/A

***INCOME PRODUCING INVESTMENT OPPORTUNITY!!! 6 BUILDINGS, 9 TENANTS, 100% OCCUPIED COMMERCIAL OFFICE PARK*** Approximately 22,000 square feet of combined rental space on 3 acres. $332,000 in annual rental income. Landlord pays $50,000 annually in taxes, lighting and maintenance expenses...tenants pay their own insurance. Most have 3 to 5 year leases that can be provided for review. Tenants not to be disturbed and include ESPN Sports Radio, FOX TV, AMI Store management, Pancare of FL, and many more. ***SELLER WILL CARRY A NOTE WITH 25% DOWN, 6% INTEREST RATE, ON A 25 YEAR AMORTIZATION WITH A 3-5 YEAR BALLOON. Contact listing agent for details

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    N/A

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    3.0

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $3,999,000

  • Zoning

    Commercial, City

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Northside

  • Middle School

    Jinks

  • High School

    Bay

Property Features

  • Sewer

    Public Sewer

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Location

County

Bay

Elementary School

Northside

Middle School

Jinks

High School

Bay

Listing Courtesy of Mario Gobel , Berkshire Hathaway HomeServices Beach Properties of Florida

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Opey Russ

Broker

Opey Russ

Call Opey today to schedule a private showing.

(850) 699-1996

Opey@GulfLifeGo.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
***INCOME PRODUCING INVESTMENT OPPORTUNITY!!! 6 BUILDINGS, 9 TENANTS, 100% OCCUPIED COMMERCIAL OFFICE PARK*** Approximately 22,000 square feet of combined rental space on 3 acres. $332,000 in annual rental income. Landlord pays $50,000 annually in taxes, lighting and maintenance expenses...tenants pay their own insurance. Most have 3 to 5 year leases that can be provided for review. Tenants not to be disturbed and include ESPN Sports Radio, FOX TV, AMI Store management, Pancare of FL, and many more. ***SELLER WILL CARRY A NOTE WITH 25% DOWN, 6% INTEREST RATE, ON A 25 YEAR AMORTIZATION WITH A 3-5 YEAR BALLOON. Contact listing agent for details

704 W 23rd Street

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