SQUARE FEET4,286
MLS#786852
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONBayview Add
Property Description
🚨 PRICE REDUCED + $25,000 BUYER IMPROVEMENT ALLOWANCE! 🚨 Rare opportunity to acquire two contiguous GC-1 zoned properties in Panama City's Bayview Addition, now offered together at a newly reduced package price of $859,000. The seller is also offering a $25,000 credit at closing to assist with customization, reconfiguration, or tenant improvements, providing added flexibility for owner-users and investors alike. This unique assemblage combines a modern commercial building with an income-producing residential property, creating multiple income and use scenarios. 1806 Brown Ave features a 3,476 SF building constructed in 2016, offering flexible space suitable for a variety of commercial, professional, medical, salon, or service-based uses. 1808 Brown Ave, built in 2017, is a 2-bedroom, 1-bath residence currently tenant occupied, generating approximately $2,600 per month in rental income. The adjacent parcel also provides valuable additional parking for 1806 and includes a detached garage suitable for office, storage, workshop, or flex space. Together, the properties create a rare opportunity for a business owner seeking a professional campus environment or an investor looking for in-place income and future upside.
Property Features
Property Type: Commercial - Business
Lot Size: 0.40 Acres
Year Built: 2016
Feature Descriptions
Days on Site: 122
Parcel#: 28268-000-000 & 28269-000-000
Local Schools
High School: Bay
Middle School: Jinks
Elementary School: Lucille Moore
Listed By / Shown By
Listed By
Agency Name: Luxe Coastal Realty Group LLC
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
1806&1808 Brown Avenue | MLS# 786852
This commercial property located at 1806&1808 Brown Avenue, Panama City, FL 32405 is currently listed for sale with an asking price of $859,000. Search Panama City real estate on www.realtymarkllc.com today.