Active
1602 Martin Luther King Boulevard
Panama City FL, 32405
$1,400,000
$486.96 per sqft
Active
2,875 sqft
Commercial
Built in 1963
This property is a perfect location for any construction services, industrial services, or a manufacturing business. This is a 1.86 acre fenced in lot with an electric security gate. Property is conveniently located to main roadways including Hwy 231, Hwy 77, Hwy 98 and 23rd St. Highlights include 2875 sq/ft of office and 4257 sq/ft of warehousing, asphalt slab approx 162' x 162', with plenty of greenspace, and extra auxiliary storage buildings. There is available access to MLK Blvd and to Louisiana Ave. The property provides approx. 345 feet of main road frontage off of MLK Blvd. Lot is Industrial commercial zoning. Recently renovated Office building includes: 5 offices, 3 bathrooms, a kitchenette, and reception area. Office has a standing seam metal roof from 2022, hot water heater 2022, HVAC 2022. Office also features an icehouse where team members can fill up coolers before going into the field. Wearhouse building has 7 roll up bay doors, 3 of which are 16ft power roll up bay doors. Wearhouse building has a 2019 screw down metal roof. This property features 37 parking spaces with plenty of room for additional parking, as well as plenty of room for additional building and expansion. No detail was spared to make this a functional and efficient commercial use property. Note there is a new survey denoting where a portion of the frontage was sold to DOT, that can be referenced. When the DOT takes over this section, they have agreed to make all necessary repairs and renovations as a remedy.
746912
MLSⓇ ID
September 21, 2023
Listed
November 22, 2024
Updated
Map
1602 Martin Luther King Boulevard
Panama City FL, 32405
Interior Features
Total Stories
1
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Electric
Heating
Yes
Heating Description
Central, Electric
Exterior/Building Features
Lot Size
1.86 Acres
Lot Features
Cleared
Roof
Metal
Sewer
Public Sewer
School Information
High School
Bay
Elementary School
Cedar Grove
Other Property Details
Area Name
02 - Bay County - Central
Days on Market
389
Garage
No
View
No
County
Bay
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
8/9/2024 | Price change | $1,400,000 -20% |
2/24/2024 | Price change | $1,750,000 -19% |
Courtesy of EXP Realty LLC, The Fadden-McKelvie Group,
Listing Contact: (321) 890-5364
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Sanchez Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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