Three C Interiors

Retail-Commercial for Sale
Catylist Listing ID: 30122389
Property Subtypes: Free-Standing Building
Building Size (RSF): 19,532 SF
Gross Building Area: See Agent
Sale Price: $1,350,000
Unit Price: $69.12 PSF
Ceiling: 14 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Building Name: Three C Interiors
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/20/2018

Overview / Comments

Prime commercial location on Front Beach Road. Two story with nearly 10,000 sq ft H/C on each floor. Upstairs is used as a warehouse with loading dock with plenty of parking. Back acre that is cleared, graveled and fenced is currently short leased for private parking. There is a long term cell phone tower lease in place currently generating $21,000 annually in net income. The lower level of the building is currently leased on a short term basis at $6,000 per month.

Additional Details

Nearest MSA: Panama City
County: Bay
Taxing Authority: Bay County
Tax ID/APN: 27820-010-000
Zoning: C3
Retail Clientele: General, Family, Business, Tourist
Property Located Between: Hathaway Bridge and intersection of Front Beach Road and Middle Beach Road (Hutchison Blvd.)
Property Visibility: Excellent
Largest Nearby Street: US 98
Feet of Frontage: 202
Traffic/Vehicle Count: 24,500
Highway Access: US 98, US 98 Bus
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 10,000 SF
Property Condition: Good
Year Built: 1991
Construction/Siding: Aluminum Siding
Zoning Description: Bay County (G3) General Commercial
Lot Frontage: 202
Lot Depth: 262
Water Service: Municipal
Sewer Type: Municipal
Legal Description: GULF COAST HWY SUB (11.3) 57D LOTS 3 & 4 & ELY 2' OF LOT 2 &SELY 101.75' OF SLY 50' LOT 11ORB 3424 P 1256 BLK A

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,079 18,945 35,370
Median Age: 35.16 38.62 40.65
Households: 1,825 8,446 15,603


Photograph of Listing Agent

Brian Neubauer

ERA Neubauer Real Estate, Inc. Gulf Coast CMLS Member
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