$4,200,000
Panama City, FL 32405
MLS# 627880
Status: Sold
38577 sqft
1 / 6
Property Description
Coronado Village Shopping Center provides investors with a rare opportunity on 23rd Street. Tremendous investment opportunity with upside potential and steady income with a prime location on 23rd Street in Panama City. The 38,577 square foot center is 100% occupied and includes long-term tenants such as; Maharaja of India, Wellness & Fitness Center, Scottrade, Granny Cantrell's, The Wine Dog, Dr. Abouelela, Summit Bank/Raymond James, Weight Watchers, Sandra Jean Unifroms, etc. Detailed financials, lease terms and an Offering Memorandum are available upon request and receipt of a signed confidentiality agreement.
Details
Maps
Contract Info
List Price/SqFt: 116.65
List Date: 2015-01-22
List Price: $4,500,000
Current Price: $4,200,000
Sub-Type: Other
Location
Sub Area: 0203 - Bay - Central SW
Community/Resort: None
Business Name: CORONADO VILLAGE SHO
Directions: The Coronado Village Shopping Center is located on the south side of 23rd Street between Harrison Ave. and Jenks Ave.
Area: 02 - Bay County - Central
Street #: 103
Street Name: 23rd
Street Suffix: Street
State: FL
Zip Code: 32405
County: Bay
Subdivision: Coronado Village Shopping Center
Parcel ID: 14189-045-005
Legal Description: 32 3S 14W -34.43- 91D1 OLD 61ABEG 50' S & 6.01' E OF NE COROF NW1/4 OF NW1/4 OF NE1/4...
General Property Info
List Class: Commercial
Acreage: 5.4
Immediate Occupancy: No
Construction Status: Construction Complete
SqFt HVAC: 38577
SqFt Tot Bldg: 38577
Year Built: 1986
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: Coronado Village Shopping Center provides investors with a rare opportunity on 23rd Street. Tremendous investment opportunity with upside potential and steady income with a prime location on 23rd Street in Panama City. The 38,577 square foot center is 100% occupied and includes long-term tenants such as; Maharaja of India, Wellness & Fitness Center, Scottrade, Granny Cantrell's, The Wine Dog, Dr. Abouelela, Summit Bank/Raymond James, Weight Watchers, Sandra Jean Unifroms, etc. Detailed financials, lease terms and an Offering Memorandum are available upon request and receipt of a signed confidentiality agreement.
Status Change Info
Sold Price/SqFt: 108.87
Sold Price/Acre: 777777.78
Status: Sold
Under Contract Date: 2015-01-22
Sold Date: 2015-01-31
Sold Price: $4,200,000
Construction/Siding
Block: 1
Clear Span: 1
Floor - Concrete: 1
Steel/Frame: 1
Siding - Stucco: 1
Energy
AC - Central Elect: 1
Financing
Cash: 1
Conventional: 1
Present Zoning
City: 1
General Commercial: 1
Utilities
Electricity - Availabile: 1
Sale Type
As Is: 1
Floors in Unit/Home
One: 1
Heating/Cooling
AC - HVAC: 1
Offering Type
Sale Only: 1
Sale with Lease: 1
Pricing Type
Sale Price: 1
Site Description
Aerials Available: 1
Landscaped: 1
Site - Shopping Center: 1
Survey: 1
Transport. Access
5 or More Lanes: 1
Property Features
Energy: AC - Central Elect
Financing: Cash; Conventional
Offering Type: Sale Only; Sale with Lease
Pricing Type: Sale Price
Present Zoning: General Commercial
Sale Type: As Is
Site Description: Aerials Available; Landscaped; Site - Shopping Center; Survey
Utilities: Electricity - Availabile
Listing Office: Counts Real Estate Group Inc
Last Updated: October - 04 - 2024
Information deemed reliable but not guaranteed.