$299,900
MLS# 791813
1918 sqft
1 / 36
Property Description
Historic Mixed-Use Commercial Opportunity in the Heart of Panama City! Step into a piece of local history with this iconic commercial property located at 2117 E 3rd Street, Panama City, FL 32401. Originally built in 1925, this well-known landmark has been home to numerous successful businesses throughout the decades and continues to offer endless possibilities for its next owner. Currently operating as a restaurant and drinks bar, this mixed-use zoned property features a highly functional layout with ample indoor seating, a commercial-style service area, and a one-of-a-kind outdoor gathering space designed for entertainment, fellowship, and social events. The inviting outdoor area offers a unique atmosphere rarely found in today's market, making it ideal for live music, game nights, private events, or expanded customer seating. The building's size and footprint make it exceptionally well-suited for a variety of business ventures including a café, deli, coffee shop, brewery, wine bar, specialty restaurant, retail concept, creative workspace, or other mixed-use possibilities. Its historic charm, established presence, and strategic location provide the perfect foundation for entrepreneurs looking to bring their vision to life. Whether you're an investor seeking a unique income-producing asset or a business owner ready to launch the concept you've always dreamed of, this property presents an incredible opportunity at an affordable price point. With its rich history, flexible zoning, distinctive character, and endless potential, this property may very well be one of the best commercial values currently available in Panama City. Bring your vision, make your mark, and become part of the next chapter of this historic Panama City landmark
Details
Contract Info
List Price/SqFt: 156.36
List Date: 2026-06-09
List Price: $299,900
Current Price: $299,900
Sub-Type: Other
Location
Sub Area: 0202 - Bay - Central SE
Community/Resort: None
Waterfront: No
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: Traveling south on county HWY 389 from Lynn haven, veer Right onto county HWY 2337, travel approximately 2.9 miles. Turn Left onto East 3rd Street at Gene's Oyster Bar, property is the third building on the left.
Area: 02 - Bay County - Central
State: FL
Zip Code: 32401
County: Bay
Subdivision: Welch Add
Legal Description: WELCH ADD BEG AT THE SE COR LOT 12 TH RUN W 60' N 104.5' W 24.5' TH S 4' W 24.5' N 20' E 5' N 2' E 10' N 86.5' E 94' S 209' TO POB BLK 5 ORB 4037 P 660 ORB 4687 P 1424
General Property Info
List Class: Commercial
Site Dimensions: 60.0 ft x 209.0 ft
Acreage: 0.37
Construction Status: Construction Complete
SqFt Tot Bldg: 1918
Lot Depth: 209
Lot SqFt: 16030
Year Built: 1925
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: Historic Mixed-Use Commercial Opportunity in the Heart of Panama City!
Step into a piece of local history with this iconic commercial property located at 2117 E 3rd Street, Panama City, FL 32401. Originally built in 1925, this well-known landmark has been home to numerous successful businesses throughout the decades and continues to offer endless possibilities for its next owner.
Currently operating as a restaurant and drinks bar, this mixed-use zoned property features a highly functional layout with ample indoor seating, a commercial-style service area, and a one-of-a-kind outdoor gathering space designed for entertainment, fellowship, and social events. The inviting outdoor area offers a unique atmosphere rarely found in today's market, making it ideal for live music, game nights, private events, or expanded customer seating.
The building's size and footprint make it exceptionally well-suited for a variety of business ventures including a café, deli, coffee shop, brewery, wine bar, specialty restaurant, retail concept, creative workspace, or other mixed-use possibilities. Its historic charm, established presence, and strategic location provide the perfect foundation for entrepreneurs looking to bring their vision to life.
Whether you're an investor seeking a unique income-producing asset or a business owner ready to launch the concept you've always dreamed of, this property presents an incredible opportunity at an affordable price point. With its rich history, flexible zoning, distinctive character, and endless potential, this property may very well be one of the best commercial values currently available in Panama City.
Bring your vision, make your mark, and become part of the next chapter of this historic Panama City landmark
Financing
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Floors in Unit/Home
One: 1
Status Change Info
Status: Active
Property Features
Financing: Cash; Conventional; FHA; VA
Listing Office: Keller Williams Success Realty
Last Updated: June - 24 - 2026
Information deemed reliable but not guaranteed.