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  • Price$4,500,000
  • SQ. Feet27,300
  • Acres2.78
  • Built2009

4001 W 23rd Street, Panama City

The Comcast Building offers a prime location on 23rd Street with credit tenants. Priced below replacement cost. This 27,300 sq. ft. center offers frontage on 23rd St, ample parking, and additional storage in the rear. Leases are triple-net. The Net Operating Income is $405,000. Comcast has occupied 21,400 sq. ft. for over 10 years and renewed for an additional 5 years in 2019. Encompass Health recently leased 3,900 sq. ft. office suite. The lone vacancy is a 2,000 sq. ft. unit that is currently a dark shell space ready to finish to a new tenant's specifications.

Essential Information

  • MLS® #699406
  • Price$4,500,000
  • Square Footage27,300
  • Acres2.78
  • Year Built2009
  • TypeCommercial Sales
  • Sub-TypeIncome Producing
  • StyleCommercial
  • StatusActive

Amenities

  • UtilitiesAll Maintenance

Exterior

  • Lot DescriptionAerials Available, Site - Plan, Survey, Retention Pond
  • ConstructionClear Span, Floor - Concrete, Roof - Metal, Roof - Sloping, Siding - Metal, Siding - Stucco, Steel/Frame

Additional Information

  • Date ListedJuly 8th, 2020
  • Days on Market201
  • ZoningCity, Commercial
  • HOA$0

Community Information

  • Address4001 W 23rd Street
  • Area02 - Bay County - Central
  • Subdivision[No Recorded Subdiv]
  • CityPanama City
  • CountyBay
  • StateFL
  • Zip Code32405

Interior

  • HeatingAC - HVAC

School Information

  • ElementaryLucille Moore
  • MiddleJinks
  • HighBay

Listing Details

  • Listing OfficeCounts Real Estate Group Inc

Price Change History for 4001 W 23rd Street, Panama City, FL (MLS® #699406)

Date Details Price Change
Price Increased $4,500,000 $500,000 (12.50%)
Price Increased $4,000,000 $15,000 (0.38%)
Price Reduced (from $4,185,000) $3,985,000 $200,000 (4.78%)
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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