2135 E 5th ST, Panama City, FL 32401
2135 E 5th ST, Panama City, FL 32401
2135 E 5th ST, Panama City, FL 32401
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$1,350,000
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6,200 SqFt
Active

2135 E 5th ST Panama City, FL 32401

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,200 sqft

Price per Sqft $217

Subdivision No Named Subdivision

MLS Listing ID 786953

HOA Y/N No

Year Built 1955

Lot Size 1.260 Acres

Acres 1.26

Property Sub-Type Other

Property Description

388' OF PRIME HWY 98 FRONTAGE • 1.26 ACRE CORNER LOT • FLEXIBLE MIXED-USE ZONING - Position your business on one of Panama City's most visible commercial corridors! Located directly on Business Hwy 98 (E 5th Street) with an AADT of 19,300 vehicles, this 1.26-acre corner property offers an impressive 388' feet of prime highway frontage, providing exceptional visibility, accessibility, and marketing exposure. The fully fenced in property allows two convenient access points for ingress and egress, making the property ideal for customer access, deliveries, and operational logistics.

Zoned as Neighborhood Downtown (ND), this flexible mixed-use zoning designation allows for a broad range of potential commercial, residential, and mixed-use development opportunities (more information in document section).

The property features roughly 6,200 square feet of total building space, including the main operational building with a reception area, two offices, three bathrooms, and a spacious 52'5'' x 32' open sewing and multi-purpose workspace. The building also includes a 43' x 44' receiving and logistics area, currently unfinished but fully equipped with its own HVAC system and two roll-up doors, offering flexible space for storage, production, or distribution operations. In addition, the property includes a separate 1,500-square-foot heated and cooled welding workshop, also equipped with roll-up doors, providing a functional workspace suitable for fabrication and mechanical uses. *Newer HVACs on site and a 2019 metal roof.

Located within the Millville Downtown District and just minutes from the revitalized Downtown Panama City waterfront, the property lies within a Community Redevelopment Agency district (CRA), providing potiental incentives and grant programs that may support property improvements or redevelopment.

The established business currently operating on the property, is also available for purchase in conjunction with the property; however, the business valuation is separate from the advertised real estate price. Bob's Top Shop is a well-established custom awning and canvas fabrication business with deep roots in Panama City, known for producing high-quality commercial and residential awnings, marine canvas, and specialty products throughout NW Florida. With decades of brand recognition, repeat clientele, and strong community relationships, this presents a rare opportunity for an owner-operator, contractor, or investor seeking a respected local brand with continued growth potential.

Whether you're interested in acquiring the property as a ready-to-go operation or exploring the many development possibilities for your own business, this highly visible and strategically positioned site offers endless opportunities. Don't wait, schedule your showing today!

Parcels 22284-000-000 & 22704-000-000 being sold together. Buyer to verify all measurements.

Location

State FL

County Bay

Area 05 - Bay County - East

Interior

Heating Central, Electric

Fireplace No

Exterior

Utilities Available Sewer Available

Roof Type Metal

Private Pool No

Building

Lot Description Cleared

Story 1

Entry Level One

Sewer Public Sewer

Level or Stories One

Additional Building Workshop

Schools

Elementary Schools Patterson

Middle Schools Jinks

High Schools Bay

Others

Tax ID 22704-000-000


Listed by Compass Florida, LLC

NEARBY SCHOOL & BUSINESS

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2135 E 5th ST