600 MLK Blvd

Office for Sale
Catylist Listing ID: 30712579
Property Subtypes: Office Building, Other
Building Size (RSF): 5,147 SF
Gross Land Area: 0.24 Acres
Sale Price: $800,000
Unit Price: $155.43 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User, Business
Class of Space: Class C
Usable Size (USF): 5,147 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/5/2021

Overview / Comments

This two story 3,995 sq. ft. medical office building is located immediately adjacent to Ascension/Sacred Heart Hospital—Bay Medical Campus. The property is literally a carve-out of the corner of the Bay Medical Center Campus. The property also includes an 1,152 sq. ft. detached garage with 3 bays and additional storage. The existing layout provides +/18 parking spaces with easy access from East 6th Street via MLK Jr. Blvd. The property is zoned Public Institutional, City of Panama City, FL. This is an ''As-Is'' sale and the interior will require complete renovation. An ideal location for medical professionals who must be near the Hospital.

Additional Details

Nearest MSA: Panama City
County: Bay
Tax ID/APN: 20807-000-000
Property Visibility: Good
Highway Access: 2 Lane, 4 Lane
Total Number of Buildings: 2
Number of Stories: 2
Year Built: 1950
Parking Type: Surface
Heat Source: Central
Lot Frontage: 75
Lot Depth: 140
Legal Description: SUDDUTHS 1ST ADD. LOT 1 & S 1/2 LOT 2 ORB 861 P 825 BLK 42 ORB 1012 P 1070 ORB 1036 P 1521 MAP 105C2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,253 41,537 85,370
Median Age: 44.82 39.39 39.23
Households: 3,203 17,286 35,360


Photograph of Listing Agent

Christopher McCall

Counts Real Estate Group Gulf Coast CMLS Member
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