Former Burger King
Retail-Commercial
for Sale
| Catylist Listing ID: |
30836120 |
| Property Subtypes: |
Car Wash, Convenience Store, Free-Standing Building, Restaurant, Retail-Pad
|
| Building Size (RSF): |
3,486 SF
|
| Sale Price: |
$1,250,000 |
| Unit Price: |
$358.58 PSF |
| Has Drive-Thru? |
Yes |
| Property Use Type: |
Investment, Business |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
10/2/2023 |
Overview / Comments
Site of former Burger King in front of Gilberg's Plaza. Building was damaged during Hurricane Sally. Perfect spot to develop a brand new building along a busy road!
Frontage on Highway 77/Martin Luther King Jr. Blvd, with AADT of 29,000.
|
Additional Details
| Nearest MSA: |
Panama City |
| County: |
Bay |
| Tax ID/APN: |
12954-040-000 |
| Zoning: |
GENERAL COMMERCIAL - 2 |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Highway 77 |
| Traffic/Vehicle Count: |
29,000 |
| Airports: |
ECP |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Poor |
| Parking Type: |
Surface |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,573 |
55,382 |
94,486 |
| Median Age: |
38.2 |
38.51 |
39.7 |
| Households: |
1,604 |
22,600 |
38,867 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
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