5500 E Hwy 98 Bus, Panama City, FL 32404

$999,900

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List Price
$999,900
Status
ACTIVE
Price Change
▼ $200,100 1783747689
MLS#
781277
Subtype
Commercial Sale
Year Built
2020
Lot Size
40,510
Acres
0.93
Subdivision
Crown Point
Neighborhood
Bay - Central SE
MLS Area Major
Bay County - Central

Property Description

Here's a great opportunity for your business on one of the busiest intersections in the county, smack-dab in the middle of the business corridor of Parker, FL. This general commercial lot is located on 2 principle artery roadways, with average daily traffic counts of over 19000/day on Tyndall Parkway- Hwy 98, and 7900 per day on E.Business 98, according to the Florida DOT; making this parcel extremely convenient to Tyndall Air Force Base and Mexico Beach. Acquire this prime commercial location with road frontage on 3 sides, including approx 184 feet of Hwy 98 frontage! Included in the sale is a brand new 3360 SF building with 1000 SF of heated and cooled space. This is a turn-key operation to acquire an established, thriving Auto sales location. No other auto shops licenses will be granted on this main artery to Tyndall and Mexico Beach. Or, this commercial location can accommodate whatever you're needing with development standards of: Maximum building height is 60 feet/6 stories, 10 ft setbacks on 3 sides, and maximum lot coverage of 90% allowable. This quaint, small area of Florida is growing with visitors due to the bays, bayous, new developments and new city fishing pier and boat launch, all within a few blocks of this parcel. . (Some, not all inventory shall convey. Lifts and permanent structures to convey. Buyer to verify any and all information that is important.)

Additional Information

Zoning
Business, General Commercial
Stories
2
Levels
Two
Roof
Metal
Foundation
Slab
Parking
Paved
Elementary School
Tyndall
Middle School
Everitt
High School
Rutherford

Listing courtesy of Overstreet Realty.

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Calculator source: Real Geeks