3712 E 3rd Street

Panama City, FL 32401
$399,900

Description

This commercial space is a blank canvas, ready for you to make it the space of your dreams! The front half of this Mixed-Use building is approximately 1750 square foot of store front, office space, kitchen with tons of supplies, and a big open room for your needs. You can enter through the front of the building into a store front area, or through the French double doors on the left side of the building into the open room. The open room has two office spaces on the front side of the property. There is a third office just behind the store front area, heading into the kitchen space. The front half of the building is completely closed off from the back half of the building, but can easily be converted to be accessible if desired. The back half of the building is approximately 3800 square foot of warehouse, office space, kitchen, and a prep space for your needs. As you enter the building from the Claire Ave side, you walk into the prep space area. Continuing in, you will see the huge walk in freezer ahead, and the kitchen entrance to the right. There are two office spaces upstairs, as well as a loft/storage space. This property has a massive walk in refrigerator with three showcase doors for easy access.The oversized rolling utility door adds ease for bringing in large supplies. Both units are for lease separately also, but owners will rent the entire building together if there is a need. There is a documented rental income for the last three years for $5000 per month on the back and $1400 per month on the front. Call your favorite Realtor today to schedule your tour!
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  • Property Details
    • Measurements
      • Acres:0.11
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1942
  • Community and Neighborhood Details
    • Community
      • Subdivision:E Springfield
    • Location
      • Elementary School:Cherry Street
      • Middle School:Everitt
      • High School:Rutherford
      • County:Bay
  • Financial Details
    • Pricing Details
      • Days on Market (Cumulative):31
  • Other
    • Source
      • MLS #:761466

Location

Central Bay Realty and Property ManagementReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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