Bank Leased Building through July, 2019. Property has a triple net lease in excess of $300,000 per year through July, 2019. Three story office building sub-dividable and ADA compliant. Property includes adjoining vacant lot and has approximately 70 to 90 parking spaces and two handicap spaces. Property is currently zoned commercial or Commercial High Intensity within the City of Panama City Beach. Financial information can be provided upon request. Property includes Tax Parcel Number #33478-050-000 and Tax Parcel #33478-010-000. Income and Operating Statements can be provided upon request. Future development ideas for property include conversion to a commercial condominium with the sale of the individual floors or sell the first floor to a bank/financial institution and sell the
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Data Provided by Bay County Association of REALTORS Inc