$850,000
Panama City, FL 32401
MLS# 793611
3512 sqft
1 / 45
Property Description
Seize the opportunity to own a premier commercial property situated on a high-traffic corner lot along the bustling Highway 98 in Panama City. With 125 feet of prime frontage and a substantial property depth of 300 feet, this CG-2 zoned lot is located in one of the highest volume traffic count areas, boasting an average daily traffic count of close to 40,000. The site covers a little under 1 acre and offers unparalleled visibility and accessibility for any business. The property features a well-appointed lounge interior with a stunning 30-foot solid wood bar that is stained, sealed, and fully equipped with all necessary amenities. The exterior deck area, spanning 1,184 square feet, offers a versatile space for outdoor events or dining. This property also boasts modern infrastructure with significant recent upgrades: the roof was replaced in 2018, one air conditioning unit was replaced in 2021, and the other in 2023. Additionally, the main waterline and sewer line to and from the building were replaced in 2022. This could be an unbelievable redevelopment site, as the majority of the property is cleared. Perfect for retail, office, or service-oriented businesses seeking a high-profile location with substantial amenities, this is a prime opportunity to enhance your business presence in a thriving commercial area.
Details
Maps
Contract Info
List Price/SqFt: 242.03
List Date: 2026-08-05
List Price: $850,000
Current Price: $850,000
Sub-Type: Retail
Location
Sub Area: 0203 - Bay - Central SW
Community/Resort: None
Waterfront: No
Elementary School: Lucille Moore
Middle School: Jinks
High School: Bay
Directions: From the Hathaway Bridge, travel east on HWY 98, property located on right hand side just before Lisenby Ave.
Area: 02 - Bay County - Central
Street #: 1623
Street Direction: W
Street Name: 15th
Street Suffix: Street
State: FL
Zip Code: 32401
County: Bay
Subdivision: [No Recorded Subdiv]
Parcel ID: 18726-000-000
Legal Description: 6 4S 14W -69.2- 55A BEG INT OF E LI FRIENDSHIP AV & S RW LI 15TH ST E 125' S 300' W 125' N 300' TO POB ORB 4428 P 833
General Property Info
List Class: Bar/Restaurant
Site Dimensions: 125.0 ft x 300.0 ft
Acreage: 0.86
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt HVAC: 2016
SqFt Tot Bldg: 3512
Lot Depth: 300
Lot SqFt: 37462
Year Built: 1969
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: Seize the opportunity to own a premier commercial property situated on a high-traffic corner lot along the bustling Highway 98 in Panama City. With 125 feet of prime frontage and a substantial property depth of 300 feet, this CG-2 zoned lot is located in one of the highest volume traffic count areas, boasting an average daily traffic count of close to 40,000. The site covers a little under 1 acre and offers unparalleled visibility and accessibility for any business. The property features a well-appointed lounge interior with a stunning 30-foot solid wood bar that is stained, sealed, and fully equipped with all necessary amenities. The exterior deck area, spanning 1,184 square feet, offers a versatile space for outdoor events or dining.
This property also boasts modern infrastructure with significant recent upgrades: the roof was replaced in 2018, one air conditioning unit was replaced in 2021, and the other in 2023. Additionally, the main waterline and sewer line to and from the building were replaced in 2022. This could be an unbelievable redevelopment site, as the majority of the property is cleared. Perfect for retail, office, or service-oriented businesses seeking a high-profile location with substantial amenities, this is a prime opportunity to enhance your business presence in a thriving commercial area.
Office/Member Info
Seller Concessioins: No
Construction/Siding
Floor - Tile: 1
Floor - W/W Carpet: 1
Foundation - Slab on Grade: 1
Frame: 1
Wood/Frame: 1
Roof - Composite Shngl: 1
Roof - Pitched: 1
Siding - Stucco: 1
Trim - Wood: 1
Energy
AC - Central Elect: 1
Utilities
All Utilities: 1
Public Sewer - Connected: 1
Water Connected: 1
Sale Type
As Is: 1
Business/Property
Freestanding Building: 1
Furnished - Some: 1
Restrooms - Public: 1
Sign: 1
Floors in Unit/Home
One: 1
Heating/Cooling
AC - Central: 1
Transport. Access
4-Lane: 1
Status Change Info
Status: Active
Property Features
Energy: AC - Central Elect
Sale Type: As Is
Utilities: All Utilities; Public Sewer - Connected; Water Connected
Listing Office: Seltzer Real Estate, LLC
Last Updated: August - 05 - 2026
Information deemed reliable but not guaranteed.