$7,000,000
Panama City, FL 32401
MLS# 722015
Status: Sold
84500 sqft
1 / 20
Property Description
The former ''Bell Signs Building'' is near completion of the repairs following Hurricane Michael and the tenant improvements for the first tenant CrossRoads Building Supply. CrossRoads will be occupying the north-end of the building in February. The sellers are finalizing a lease for the remainder of the building with a long-term credit tenant. The building is offered for sale ''as-is'' with tenant improvements for CrossRoads completed. Lease terms, financials, plans, etc. available upon request and signing a confidentiality agreement. The remaining work to be completed by the new owner will include: site work, paving, landscaping, high-bay lighting, electrical and tenant improvements specific to the new tenant's requirements.
Details
Maps
Contract Info
List Price/SqFt: 82.84
List Date: 2022-02-01
List Price: $7,000,000
Current Price: $7,000,000
Sub-Type: Industrial
Location
Sub Area: 0203 - Bay - Central SW
Community/Resort: None
Waterfront: No
Elementary School: Northside
Middle School: Jinks
High School: Bay
Section: 5
Directions: W. 11th Street to north on Entera Drive. Across the street from Jenks Middle School. The Building is on the right side of the road.
Range: 14W
Area: 02 - Bay County - Central
Street #: 1200
Street Name: Entera
Street Suffix: Drive
State: FL
Zip Code: 32401
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 18046-000-000
Legal Description: 5 4S 14W -13.1- 28B BEG E LINE STATE AVE 400' N OF 11TH ST TH N 890.15' E 560.5' SW'LY PAR TO RR 949.1' W 262.2' TO BEG ORB 250 P 146 ORB 2162 P 169
General Property Info
List Class: Industrial
Acreage: 8
Immediate Occupancy: No
Construction Status: Under Construction
# of Stories in Building: 1
SqFt Tot Bldg: 84500
Ceiling Height: 18
Year Built: 1968
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: The former ''Bell Signs Building'' is near completion of the repairs following Hurricane Michael and the tenant improvements for the first tenant CrossRoads Building Supply. CrossRoads will be occupying the north-end of the building in February. The sellers are finalizing a lease for the remainder of the building with a long-term credit tenant. The building is offered for sale ''as-is'' with tenant improvements for CrossRoads completed. Lease terms, financials, plans, etc. available upon request and signing a confidentiality agreement. The remaining work to be completed by the new owner will include: site work, paving, landscaping, high-bay lighting, electrical and tenant improvements specific to the new tenant's requirements.
Status Change Info
Sold Price/SqFt: 82.84
Sold Price/Acre: 875000
Status: Sold
Under Contract Date: 2022-02-07
Sold Date: 2022-06-22
Sold Price: $7,000,000
Construction/Siding
Clear Span: 1
Clearance Height 18+ Ft: 1
Floor - Concrete: 1
Foundation - Slab on Grade: 1
Steel/Frame: 1
Roof - Gutters: 1
Roof - Metal: 1
Siding - Metal: 1
Energy
AC - 2 or More: 1
Roof Vent: 1
Skylight(s): 1
Financing
Cash: 1
Conventional: 1
Will Lease: 1
Present Zoning
City: 1
Industrial Light: 1
Utilities
All Utilities: 1
Electricity - Connected: 1
Electric 220/240: 1
Electric-3 Phase: 1
Sale Type
As Is: 1
Business/Property
Furnished - None: 1
Handicapped Access: 1
Handicapped Facilities: 1
Kitchen Area: 1
Floors in Unit/Home
One: 1
Heating/Cooling
AC - Central: 1
AC - Office: 1
AC - Work Space: 1
Industrial
# Ground Level Doors: 8
# Dock High Doors: 4
Sprinklers?: Yes
Property Type: Warehouse
Income Producing
Year Built: 1968
Building SqFt: 84500
Property Type: Industrial
Offering Type
Sale or Lease: 1
Sale with Lease: 1
Other - See Remarks: 1
Site Description
Level: 1
Site - Factory: 1
Transport. Access
2-Lane: 1
City Road: 1
Property Features
Energy: AC - 2 or More; Roof Vent; Skylight(s)
Financing: Cash; Conventional; Will Lease
Offering Type: Sale or Lease; Sale with Lease; Other - See Remarks
Present Zoning: Industrial Light
Sale Type: As Is
Site Description: Level; Site - Factory
Utilities: All Utilities; Electricity - Connected; Electric 220/240; Electric-3 Phase
Listing Office: Counts Real Estate Group Inc
Last Updated: October - 04 - 2024
Information deemed reliable but not guaranteed.