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$1,100,000

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26,400 SqFt

Active

436 Harrison AVE #400 Panama City, FL 32401

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Hudson "Mitch" Willis

hudson@hudsonwillisgroup.com +1(850) 756-1823

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 26,400 sqft

Price per Sqft $41

Subdivision No Named Subdivision

MLS Listing ID 785006

Construction Status Never Occupied

HOA Y/N Yes

Year Built 1939

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Retail

Property Description

Welcome to one of the most structurally impressive buildings in all of Bay County. The Mashburn Building was constructed entirely of poured concrete from foundation to roof, engineered with the strength and durability of a parking garage. In recent years, hundreds of thousands of dollars in additional steel reinforcement have been added to the structure, making it one of the strongest private buildings in the county. Now, the rooftop is ready for your big idea. The rooftop spans +/-6,000 square feet and includes two staircases and one elevator for easy access. The structure is strong enough to support multiple stories, allowing for additional concepts such as residential condos above a restaurant or bar. Preliminary concept plans have been developed for a rooftop restaurant and bar, and these are available for your use at no cost. They are designed to help you visualize the possibilities, though a licensed architect and structural engineer will need to finalize the plans to suit your concept. From this vantage point, you can take in one of the best views in the entire Florida Panhandle, a sweeping panorama that stretches from the Hathaway Bridge and Saint Andrews across downtown all the way to Thomas Drive, Front Beach Road, Tyndall Air Force Base, and Callaway. On a clear day, you can even see Tommy Oliver Stadium and Twenty Third Street. Photos simply cannot capture what it feels like to stand here in person. All major utilities required to operate a restaurant, bar, or additional residential units are already stubbed to the roof and ready for connection. There are no stormwater requirements, and no parking requirements are needed for this project. You can use the shared parking that downtown offers for you and your customers. A restaurant or bar here would be the crown jewel of our area. If executed with creativity and vision, this space could easily be featured in magazines across the southeast. This is your opportunity to create something iconic, an elevated destination that will redefine downtown Panama City's skyline and nightlife. The first floor commercial space is also listed for sale. See MLS #785003

Location

State FL

County Bay

Area 02 - Bay County - Central

Interior

Fireplace No

Exterior

Parking Features Paved

Utilities Available Natural Gas Available, Sewer Available

View Y/N Yes

View Bay

Roof Type Membrane

Accessibility Accessible Stairway, Accessible Common Area, Accessible Elevator Installed, Reinforced Floors, Accessible Doors, Accessible Entrance

Private Pool No

Building

Story 4

Sewer Public Sewer

Construction Status Never Occupied

Schools

Elementary Schools Cherry Street

Middle Schools Jinks

High Schools Bay

Others

Tax ID 19553-000-000

Special Listing Condition Other

Listed by Counts Real Estate Group Inc

NEARBY SCHOOL & BUSINESS

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Hudson "Mitch" Willis

Team Leader of The Hudson Willis Group | License ID: 3508506

+1(850) 756-1823

436 Harrison AVE #400 Panama City, FL 32401

Hudson "Mitch" Willis

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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436 Harrison AVE #400