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  • Price$445,000
  • SQ. Feet7,000
  • Acres0.22
  • Built1949

445 Grace Avenue, Panama City

PRICE REDUCTION! 445 & 447 Grace Avenue is a 7,000 SF (70 x100) concrete block building. The property was most recently a multi-tenant office building with two (2) 3,500 +/- office suites. Each unit possesses a separate and dedicated front and rear entrances. The building did sustain water intrusion and wind damage when Hurricane Michael made landfall near Panama City on October 10, 2018. Remediation efforts have been completed and a new TPO roof has been installed. A large amount of drywall has been removed from the interior with the office wall studs remaining. Multiple offices in each unit with 5 restrooms in the building. The property could be returned to its previous office configuration or repurposed entirely.

Essential Information

  • MLS® #683372
  • Price$445,000
  • Square Footage7,000
  • Acres0.22
  • Year Built1949
  • TypeCommercial Sales
  • Sub-TypeOffice
  • StyleCommercial
  • StatusActive

School Information

  • ElementaryCherry Street
  • MiddleJinks
  • HighBay

Listing Details

  • Listing OfficeSVN Southland Commercial

Community Information

  • Address445 Grace Avenue
  • Area02 - Bay County - Central
  • SubdivisionGcd Plat
  • CityPanama City
  • CountyBay
  • StateFL
  • Zip Code32401

Additional Information

  • Date ListedMay 7th, 2019
  • Days on Market385
  • HOA$0

Price Change History for 445 Grace Avenue, Panama City, FL (MLS® #683372)

Date Details Price Change
Price Reduced (from $490,000) $445,000 $45,000 (9.18%)
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DISCLAIMER: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Source: Bay County Association Of REALTORS® Multiple Listing Service