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$975,000 - 3704 23rd St, Panama City
- -
- Bedrooms
- -
- Baths
- 7,215
- SQ. Feet
- 0
- Acres
OPPORTUNITY TO OWN A 4 UNIT RETAIL CENTER IN A HIGH TRAFFIC AREA OF 23RD STREET. BUILDING CONSISTS OF 7215 SF OF LEASABLE SPACE. UNIT A IS 1200 SF AND IS CURRENTLY LEASED FOR $960 PER MONTH; UNIT B IS 1725 SF AND IS CURRENTLY LEASED FOR $1,380 PER MONTH; AND UNIT C IS 1540 SF AND IS CURRENTLY LEASED FOR $1,232 PER MONTH. UNIT D IS CURRENTLY VACANT. IT IS 2750 SF AND RENTS FOR $2,200 PER MONTH. RENTS ARE GROSS RENTS WITH NO CAMS. THERE IS MORE THAN ENOUGH PARKING TO SUPPORT THE RETAIL CENTER. SELLER FINANCING OFFERED WITH 25% DOWN, 30 YEAR TERM WITH 10 YEAR CALL, AND MARKET INTEREST RATE.
Essential Information
- MLS® #:
- 500354
- Price:
- $975,000
- Square Footage:
- 7,215
- Price/SqFt:
- $135
- Bathrooms:
- 0.00
- Acres:
- 0.00
- Year Built:
- 1985
- Type:
- Commercial Sales
- Sub-Type:
- Improved Commercial
- Status:
- Active
Community Information
- Address:
- 3704 23rd St
- Area:
- BC-Bay County-Central
- Subdivision:
- NO NAMED SUBDIVISION
- Avg Price in NO NAMED SUBDIVISION:
- $513,105
- City:
- Panama City
- State:
- FL
- Zip Code:
- 32405
Amenities
- Utilities:
- Electric 220/240, Electric On Site, Phone, Public Sewer, Public Water, TV Cable
Interior
- # of Stories:
- 1
Exterior
- Lot Description:
- Level, Site-Strip Mall
- Construction:
- Columns, Floor-Concrete, Roof-Metal, Siding-Brick, Siding-Metal
Additional Information
- Date Listed:
- September 27th, 2011
- Zoning:
- Commercial
Listing Details
- Listing Office:
- Rainier Properties, Inc.
Get Local Information
Community Characteristics for Zip Code 32405:
- Community Characteristics:
- Nearby Military Facility(ies), Stable Population, Moderate Residential Turnover, Coastal Area
Population Statistics:
- Population:
- 29,293
- Population Male:
- 13,821
- Population Female:
- 15,476
- Population Density:
- 1,537
- Median Age:
- 37
Financial Statistics:
- Average Household Net Worth:
- $359,919
- Median Household Income:
- $53,622
- Average Household Income:
- $65,931
Crime Rate Information:
- Total Crime Risk:
- 11% Above National Average
Weather & Climate:
- Average January High Temperature:
- 61.90 °F
- Average January Low Temperature:
- 38.70 °F
- Average July High Temperature:
- 89.00 °F
- Average July Low Temperature:
- 70.90 °F
- Annual Precipitation:
- 64.76″
Nearby Locations:
- Closest Major Airport:
- Panama City-bay County International (1 miles)
- Closest 2-Year Public College:
- Gulf Coast Community College (4 miles)
- Closest 4-Year Public College:
- Baptist College Of Florida (53 miles)
- Closest Major Sports Team:
- Mobile Baybears (aa) (149 miles)
Disclaimer / Sources: MLS® local resources application developed and powered by Real Estate Webmasters - Neighborhood data provided by Onboard Informatics © 2013 - Mapping Technologies powered by Google Maps™
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