469 23rd St W, Panama City, FL
$4,000,000 Commercial Property for Sale
MLS#: 392301
ID# 13819846
Presented by
Chris McCall
Counts Real Estate Group
2104 Thomas Drive
Panama City Beach, FL 32408
- (850)814-9889
- Contact Agent by Email
- Visit Agent Website
Property Description
The Regions Bank Building ... provides investors with an incredible opportunity to own one of the premier office buildings in Bay County. This is one of the very few Class "A" office buildings in our market. Regions Bank is the primary tenant and they recently extended the term of their lease to 2017. The current Net Operating Income is $320,000 per year with upside as the vacant suite is leased. Fantastic central location in the heart of Panama City's business district at the southeast corner of 23rd Street and State Avenue, which is practically on the Gulf Coast Medical Campus. There is 2,190 square feet avaialble for lease on the second floor, which could be occupied by an the buyer/owner/investor. The second floor boardroom is a shared charet and is available to all tenants in the Building by reservation. Please call for further details or to setup a tour of the Building. Tours are only possible during normal business hours of Regions Bank. MLS# 392301.
Property Features
- Available
- Commercial Property
- 1991
- 2.0
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Cooling System: Central Air Conditioning, Central Electric Cooling
Handicapped Access: Handicap Access
Stories: 2 Story
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Floors: Tile Flooring, Wall to Wall Carpeting
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MLS Area: 02
Chris McCall
Counts Real Estate Group
Panama City Beach, FL 32408
- (850)814-9889
Estimate monthly payments for this property:
469 23rd St W,Panama City, FL 32405
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