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The Schlink Group

christina@theschlinkgroup.com +1(850) 368-1474

$ 859,000

Est. payment | -/mo

8,712 SqFt

Save

$ 859,000

Est. payment | -/mo

Save

8,712 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 8,712 sqft

Price per Sqft $98

MLS Listing ID 998764

Lot Size 8,712 Sqft

Acres 0.2

Source Emerald Coast Association of REALTORS®

Property Description

🚨 PRICE REDUCED + $25,000 BUYER IMPROVEMENT ALLOWANCE! 🚨 Rare opportunity to acquire two contiguous GC-1 zoned properties in Panama City's Bayview Addition, now offered together at a newly reduced package price of $859,000. The seller is also offering a $25,000 credit at closing to assist with customization, reconfiguration, or tenant improvements or closing costs providing added flexibility for owner-users and investors alike. This unique assemblage combines a modern commercial building with an income-producing residential property, creating multiple income and use scenarios. 1806 Brown Ave features a 3,476 SF building constructed in 2016, offering flexible space suitable for a variety of commercial, professional, medical, salon, or service-based uses. 1808 Brown Ave, built in 2017, is a 2-bedroom, 1-bath residence currently tenant occupied, generating approximately $2,600 per month in rental income. The adjacent parcel also provides valuable additional parking for 1806 and includes a detached garage suitable for office, storage, workshop, or flex space. Together, the properties create a rare opportunity for a business owner seeking a professional campus environment or an investor looking for in-place income and future upside. Upon vacancy, the residence may also support future commercial or mixed-use use, subject to buyer verification. Together, the properties offer approximately 17,424 SF of combined land, allowing buyers to operate, generate income, or reposition both assets long-term. Properties may be purchased individually or as a discounted package. Combination sale strongly preferred. Buyer to verify zoning and intended use.

Location

State FL

County Bay

Area 27 - Bay County

Direction Take Hwy 98 east over the bridge and turn left on Brown Ave. The office building will be first and the parking lot and SFH is next door

Exterior

Garage No

Building

Faces Take Hwy 98 east over the bridge and turn left on Brown Ave. The office building will be first and the parking lot and SFH is next door

Others

Pets Allowed No

Tax ID 28269-000-000 & 28268-000-000

Listed by Marcy L O'Donnell Luxe Coastal Realty

Nearby Locations

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The Schlink Group

REALTOR® | Lic# 3137018 | Lic# 3421585

christina@theschlinkgroup.com

+1(850) 368-1474

2048 W. County Hwy 30A, Suite 107, Santa Rosa Beach, FL 32459

1806& 1808 Brown AVE Panama City, FL 32405

The Schlink Group

Key Details

Location

Exterior

Building

Others

1806& 1808 Brown AVE