4841 E Highway 98Panama City, FL 32404

Description

**High-Visibility Highway 98 Commercial Redevelopment Opportunity** Excellent commercial redevelopment opportunity on approximately 0.65 acres with an impressive 175 feet of frontage along East Highway 98 in Panama City. This highly visible property currently features two commercial buildings, including a 2,340-square-foot vehicle service building and an approximately 2,100-square-foot building identified by the Property Appraiser as vehicle sales/retail. The site offers extensive concrete parking and a prominent location along a well-traveled commercial corridor, providing excellent exposure for a future development or commercial venture. With substantial highway frontage, existing improvements, ample paved parking, and a strategic Panama City location, this property presents an attractive opportunity for investors and developers looking to redevelop or reposition a high-profile commercial site. The existing buildings may provide potential interim use while plans for redevelopment are explored. Buyer to verify zoning, permitted uses, development potential, dimensions, utilities, and all other property information with the appropriate governmental authorities.

Property Information

Property type

Commercial Sale

Sub-type

Business

Year built

1980

Building area

4,440 Sq Ft

Lot size

0.66 acres

Days on market

50

MLS^® Listing#

794085

Property Features

Parking

Paved

Construction

Block · Metal Siding · Stucco

Foundation

Slab

Roof

Metal

Utilities

Sewer Available

Schools

Elementary

Parker

Middle

Everitt

High

Rutherford

Financial Details

HOA

None

Parcel number

25347-000-000

Directions

Head east on US-98 E, Turn right onto Frankford Ave, Turn left onto US-98 BUS E/W Beach Dr, Turn left onto US-98 BUS E/W 6th St, Continue to follow US-98 BUS E, Pass by Dollar General, Destination will be on the left