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3704 23rd Street, Panama City, FL 32405

$975,000
Commercial Property MLS# 500354 ID: 18445995
$975,000 Get Rates

OPPORTUNITY TO OWN A 4 UNIT RETAIL CENTER IN A HIGH TRAFFIC AREA OF 23RD STREET. BUILDING CONSISTS OF 7215 SF OF LEASABLE SPACE. UNIT A IS 1200 SF AND IS CURRENTLY LEASED FOR $960 PER MONTH; UNIT B IS 1725 SF AND IS CURRENTLY LEASED FOR $1,380 PER MONTH; AND UNIT C IS 1475 SF AND IS VACANT LEASING FOR $1,250 PER MONTH. UNIT D IS CURRENTLY VACANT. IT IS 2800 SF AND RENTS FOR $2,200 PER MONTH. RENTS ARE GROSS RENTS WITH NO CAMS. THERE IS MORE THAN ENOUGH PARKING TO SUPPORT THE RETAIL CENTER. SELLER FINANCING OFFERED WITH 25% DOWN, 30 YEAR TERM WITH 10 YEAR CALL, AND MARKET INTEREST RATE.

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Location Information near 3704 23rd Street
Offered by Rainer Properties Inc

Would you like more information regarding this property?
Please call (850) 896-0910.

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Property Features for 3704 23rd Street
Status
Market Status
Available
Last Updated
August 23, 2017
Description
Property Type
Commercial Property
Year Built
1985
Stories
1.0
Sq. Feet
9,196

Building Features

  • Cable/Satellite TV: Cable TV
  • Cooling System: Central Air Conditioning
  • Heating System: Central Electric Heating
  • Roof: Metal Roof

Exterior Features

  • Exterior Construction: Columns

Interior Features

  • Floors: Concrete Floors

Location

  • MLS Area: 02 - Bay County - Central

Lot Features

  • Sewer Utilities: Public Sewer
  • Water Utilities: Public Water Supply
  • Lot Size: Level

Data Provided by Bay County Association of REALTORS Inc

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More information about this $975,000 Commercial Property at 3704 23rd Street

This $975,000 Commercial Property at 3704 23rd Street in Panama City, FL is presented by Ken Varnes. This $975,000 Commercial Property, located in the 32405 zip code, has the following property features: Floors, Lot Size, Roof, Heating System. This 3704 23rd Street Commercial Property, located in Bay County , is listed under MLS listing number 500354 and has a listing price of $975,000. You can find more PANAMA CITY homes for sale here.