Prime Investment Build
2303 E 5th Street
Panama City, FL 32401
Highlights
Description
Seize this opportunity with a development order in place for a 7,200 SF automotive service or warehouse/showroom space. Interior buildout and finishes are flexible, tailored to owner or tenant desires. This 1.14± acre parcel, zoned General Commercial in Panama City's Gateway district, sits prominently on the corner of Business 98 and Center Avenue, serving as a pivotal location on this major military corridor. Just 1.5 miles from the Bay Medical Center and two miles from Downtown, this central site lies on the primary artery connecting Downtown Panama City and Tyndall Air Force Base. With Tyndall's projected growth and reconstruction set to increase personnel requirements by over 8,000 service members and their families, this area is primed for remarkable development.
Seize this opportunity with a development order in place for a 7,200 SF automotive service or warehouse/showroom space. Interior buildout and finishes are flexible, tailored to tenant desires. This 1± acre parcel, zoned General Commercial in Panama City's Gateway district, sits prominently on the corner of Business 98 and Center Avenue, serving as a pivotal location on this major military corridor. Just 1.5 miles from the Bay Medical Center and two miles from Downtown, this central site lies on the primary artery connecting Downtown Panama City and Tyndall Air Force Base. With Tyndall's projected growth and reconstruction set to increase personnel requirements by over 8,000 service members and their families, this area is primed for remarkable development.
Vacant Lot located on the corner of 5th Street and Center Avenue.
Units for Lease
Price Per Sqft/Year: $23.00

