$3,800,000
Panama City Beach, FL 32407
MLS# 766057
Status: Sold
89638 sqft
1 / 16
Property Description
Lindsey's Furniture is relocating and plans to vacate the building by the end of the year. Entered for comp purposes. The building is now available for lease. Previously occupied by Wayne's World RV and originally built by Wal-Mart in 1985. Fantastic location. Easily accessible and tremendous exposure. Landlord will consider subdividing for long-term credit tenants. Potential uses include retail, storage/warehouse, research & development, etc. Sq. Ft.: 77,596 Total Heated & Cooled SF. 68,290 SF 1st Floor. 9,306 SF 2nd Floor (office, storage, and apartment), + 6,600 Fenced Canopy Height: 16' Eave-height Loading: #2, 8'W x 10'H Dock-Height #2, 12'W x 14'H Grade Doors #1, 10'W x 12'H Grade Door Power: 3-Phase, 400 and 600 Amps Zoning: C-3, General Commercial Bay County Lease Rate: $12.00 NNN Per Sq. Ft.
Details
Maps
Contract Info
List Price/SqFt: 44.62
List Date: 2024-12-02
List Price: $4,000,000
Current Price: $3,800,000
Sub-Type: Retail
Location
Sub Area: 0319 - Beach - East
Community/Resort: None
Waterfront: No
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: The Lindsey's Furniture Building located within the Beachwalk Shopping Center at the southwest corner of Front Beach Road and Thomas Drive at the base of the Hathaway Bridge.
Area: 03 - Bay County - Beach
Street #: 7157
Street Name: Front Beach
Street Suffix: Road
State: FL
Zip Code: 32407
County: Bay
Subdivision: [No Recorded Subdiv]
Parcel ID: 27883-600-000
Legal Description: 32 3S 15W -27.600- BEG 1146.04' S & 582.72' W OF NE COR TH S 284' W 85' S 246' E 180' S 109.96' W 562.02' N 639.94' E 467' TO POB *** LESS HWY 98 R/W *** ORB 4139 P 274
General Property Info
List Class: Commercial
Acreage: 6.45
Immediate Occupancy: No
Possession Date: 1/1/2025
Construction Status: Construction Complete
SqFt HVAC: 77596
SqFt Retail: 77596
# of Stories in Building: 2
SqFt - Warehouse: 77596
Frontage Ft: 470
SqFt Tot Bldg: 89638
Lot Depth: 645
Lot SqFt: 280962
Ceiling Height: 16
Year Built: 1985
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: Lindsey's Furniture is relocating and plans to vacate the building by the end of the year. Entered for comp purposes. The building is now available for lease. Previously occupied by Wayne's World RV and originally built by Wal-Mart in 1985. Fantastic location. Easily accessible and tremendous exposure. Landlord will consider subdividing for long-term credit tenants. Potential uses include retail, storage/warehouse, research & development, etc.
Sq. Ft.: 77,596 Total Heated & Cooled SF. 68,290 SF 1st Floor. 9,306 SF 2nd Floor (office, storage, and apartment), + 6,600 Fenced Canopy
Height: 16' Eave-height
Loading: #2, 8'W x 10'H Dock-Height
#2, 12'W x 14'H Grade Doors
#1, 10'W x 12'H Grade Door
Power: 3-Phase, 400 and 600 Amps
Zoning: C-3, General Commercial
Bay County
Lease Rate: $12.00 NNN Per Sq. Ft.
Office/Member Info
Seller Concessioins: No
Status Change Info
Sold Price/SqFt: 42.39
Sold Price/Acre: 589147.29
Status: Sold
Under Contract Date: 2024-12-02
Sold Date: 2024-12-10
Sold Price: $3,800,000
Construction/Siding
Block: 1
Columns: 1
Floor - Concrete: 1
Foundation - Slab on Grade: 1
Steel/Frame: 1
Roof - Membrane: 1
Roof - Pitched: 1
Roof - Sloping: 1
Energy
AC - 2 or More: 1
AC - Central Elect: 1
Insulated Doors: 1
Water Heater - Electric: 1
Financing
Will Lease: 1
Present Zoning
Commercial: 1
County: 1
General Commercial: 1
Other - See Remarks: 1
Utilities
All Utilities: 1
TV Cable: 1
Electric 220/240: 1
Electricity - Availabile: 1
Electric-3 Phase: 1
Fuel - Natural Gas: 1
Garbage: 1
Pest Control: 1
Phone - Connected: 1
Public Sewer - Connected: 1
Water Connected: 1
Accessibility Features
Accessible Approach with Ramp: 1
Accessible Doors: 1
Accessible Entrance: 1
Business/Property
Display Windows: 1
Furnished - None: 1
Handicapped Access: 1
Handicapped Facilities: 1
Kitchen Area: 1
Living Quarters: 1
Office Area: 1
Restrooms - Private: 1
Restrooms - Public: 1
Sign: 1
Floors in Unit/Home
Two: 1
Heating/Cooling
AC - Central: 1
AC - Entire: 1
AC - HVAC: 1
AC - Office: 1
AC - Warehouse: 1
Heat - HVAC: 1
Heat - Office: 1
Heat - Warehouse: 1
Offering Type
Lease Only: 1
Will Divide: 1
Pricing Type
Other - See Remarks: 1
Site Description
Aerials Available: 1
Level: 1
Survey: 1
Transport. Access
4-Lane: 1
5 or More Lanes: 1
Center Turn Lane: 1
County Road: 1
Deeded Access: 1
Divided Highway: 1
Median Cut: 1
Paved: 1
State Road: 1
Other - See Remarks: 1
Property Features
Accessibility Features: Accessible Approach with Ramp; Accessible Doors; Accessible Entrance
Energy: AC - 2 or More; AC - Central Elect; Insulated Doors; Water Heater - Electric
Financing: Will Lease
Offering Type: Lease Only; Will Divide
Pricing Type: Other - See Remarks
Present Zoning: Commercial; County; General Commercial; Other - See Remarks
Site Description: Aerials Available; Level; Survey
Utilities: All Utilities; Electric 220/240; Electricity - Availabile; Electric-3 Phase; Fuel - Natural Gas; Garbage; Pest Control; Phone - Connected; Public Sewer - Connected; Water Connected; TV Cable
Listing Office: Counts Real Estate Group Inc
Last Updated: December - 11 - 2024
Information deemed reliable but not guaranteed.