2900 E 5th Street, Panama City, FL 32401

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$565,000

bedrooms

bathrooms

square feet

Acreage

0.33

Open Houses

year built

1947

Full Baths

Half Baths

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Prime Commercial Property located in the heart of Panama City! This versatile property spans 0.33 acres and features two distinct buildings offering incredible investment potential. The first building is a 1,976 sq. ft. restaurant with an approx. 1,242 sq. ft. apartment upstairs, perfect for generating additional rental income or owner-occupied use. The second building is a renovated 1,262 sq. ft. office/retail space, ideal for professional services, boutique retail, or other business ventures.Zoned GC-2 (General Commercial-2), this property is situated within a district designed for neighborhood commercial activities, including retail, professional offices, and service-oriented businesses. With an Annual Average Daily Traffic count of 18,100, your business will benefit from excellent visibility and easy accessibility.Whether you're looking for an investment opportunity or a versatile property for your business, this location offers a unique combination of space, zoning flexibility, and income potential. Don't miss the chance to own this exceptional property in Panama City!

Location
Subdivision	No Named Subdivision
County	Bay
Elementary School	Parker
Middle School	Everitt
High School	Rutherford

Driving directions

Open houses

None scheduled.

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MLS number: 765959

Listing agent: Heather H Neubauer #3257545

Listing broker: Neubauer Real Estate, Inc. Era (850) 785-1551

Copyright © 2025 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Wednesday, January 15 2025 at 3:00 a.m. EST

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