4841 E Highway 98, Panama City, FL 32404
- $299,000
- List Price
- $299,000
- Status
- ACTIVE
- MLS#
- 794085
- Subtype
- Commercial Sale
- Year Built
- 1980
- Lot Size
- 28,749
- Acres
- 0.66
- Subdivision
- Lake Drive Heights
- Neighborhood
- Bay - Central SE
- MLS Area Major
- Bay County - Central
Property Description
**High-Visibility Highway 98 Commercial Redevelopment Opportunity** Excellent commercial redevelopment opportunity on approximately 0.65 acres with an impressive 175 feet of frontage along East Highway 98 in Panama City. This highly visible property currently features two commercial buildings, including a 2,340-square-foot vehicle service building and an approximately 2,100-square-foot building identified by the Property Appraiser as vehicle sales/retail. The site offers extensive concrete parking and a prominent location along a well-traveled commercial corridor, providing excellent exposure for a future development or commercial venture. With substantial highway frontage, existing improvements, ample paved parking, and a strategic Panama City location, this property presents an attractive opportunity for investors and developers looking to redevelop or reposition a high-profile commercial site. The existing buildings may provide potential interim use while plans for redevelopment are explored. Buyer to verify zoning, permitted uses, development potential, dimensions, utilities, and all other property information with the appropriate governmental authorities.
Additional Information
- Community Features
- DIB District
- Zoning
- General Commercial
- Exterior Construction
- Block, Metal Siding, Stucco
- Roof
- Metal
- Foundation
- Slab
- Parking
- Paved
- Elementary School
- Parker
- Middle School
- Everitt
- High School
- Rutherford
Listing courtesy of Legacy Premier Agency.