30.18949 -85.710464

4001 W 23rd Street Panama City, FL 32405

255033775 30.18949 -85.710464 2142 /listing/255033775-150362835/4001-w-23rd-street-panama-city-fl-32405 False 0 4939000.0 27300 101 690397 True
  • $4,939,000
  • 27,300 sqft
  • Est payment $26513.62/mo

Property & Neighborhood Info

Courtesy Of Counts Real Estate Group Inc

Commercial in Panama City

Comcast Building is a unique investment opportunity. This 27,300 sq ft center offers frontage on 23rd St, ample parking, and additional storage in the rear. Currently offered at 8.25% cap rate with NOI at +/- $408,000. Leases are NNN. Comcast occupies approximately 21,400 sq ft and just renewed this year for an additonal 5 year term. American Cancer Society is the 2nd tenant and occupied 3,900 sq. ft. The remaining 2000 sq ft of space is available for lease at $17/ft NNN. The building sustained virtually no damage from the hurricane with the exception of a fence at the rear of the property and the monument sign, which has already been replaced.

Courtesy Of Counts Real Estate Group Inc
  1. 27,300 Sq. Ft.

Main Features

  • Listing Status: Active
  • Year Built: 2009
  • School District: Lucille Moore
  • School District2: Jinks
  • School District3: Bay
  • County: Bay County
  • Subdivision: [No Recorded Subdiv]
  • MLS Number:690397

Additional Features

  • Commercial Type:
    • Commercial
  • Construction:
    • Floor - Concrete
    • Siding - Stucco
    • Steel/Frame
  • Construction Status:
    • Construction Complete
  • Occupancy Status:
    • Occupied
  • Property Subtype:
    • Income Producing
  • Acres:
    • 2.78
  • Sub- Area:
    • 0203 - Bay - Central SW
  • Utilities:
    • All Utilities
  • Community:
    • None
  • Zoning:
    • Commercial
  • Financing:
    • Cash
    • Conventional
  • Legal Description:
    • DRUMMOND & WARE ADD BEG AT THE WEST R/W LINE OF OF DRUMMOND AVE AND NORTH R/W LINE OF 22ND ST TH W 199.97' N 600.46' TO THE SOUTH R/W OF 23RD ST TH E 190.65' SE 12.28' S 16.50' E 3.17' S 573.30' TO POB AKA PART OF BLK 3 ORB 2899 P 1305
  • Sale Type:
    • As Is
  • HOA Fee:
    • No
  • Price Per SQFT:
    • 180.92
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Jason Smoker
Jason Smoker
Realtor
2104 Thomas Drive Panama City Beach FL 32408
Let us help you!
30.18949 -85.710464

4001 W 23rd Street Panama City, FL 32405

255033775 30.18949 -85.710464 2142 /listing/255033775-150362835/4001-w-23rd-street-panama-city-fl-32405 False 0 4939000.0 27300 101 690397 True
  • $4,939,000
  • 27,300 sqft
  • Est payment $26513.62/mo