445 Grace Avenue, Panama City, 32401

Commercial Sales - Office For Sale in Gcd Plat

$490,000

Beds
Baths
7,000Sqft
.22Acres
1949Built
159DOM
MLS® #: 683372
Active, 159 Days on Market

445 & 447 Grace Avenue is a 7,000 SF (70 x100) concrete block building. The property was most recently a multi-tenant office building with two (2) 3,500 +/- office suites. Each unit possesses a separate and dedicated front and rear entrances. The building did sustain water intrusion and wind damage when Hurricane Michael made landfall near Panama City on October 10, 2018. Remediation efforts have been completed and a new TPO roof has been installed. A large amount of drywall has been removed from the interior with the office wall studs remaining. Multiple offices in each unit with 5 restrooms in the building. The property could be returned to its previous office configuration or repurposed entirely.

Essential Information

MLS® #: 683372
Price: $490,000
Square Footage: 7,000
Acres: 0.22
Year Built: 1949
Type: Commercial Sales
Sub-Type: Office
Style: Commercial
Status: Active
Listing Office: SVN Southland Commercial

Community Information

Address: 445 Grace Avenue
Area: 02 - Bay County - Central
Subdivision: Gcd Plat
City: Panama City
County: Bay
State: FL
Zip Code: 32401

Interior

# of Stories: 1

School Information

Elementary: Cherry Street
Middle: Jinks
High: Bay

Additional Information

Date Listed: May 7th, 2019
Days on Market: 159
HOA Fees: 0.00

Listing Details

Listing Office: SVN Southland Commercial

Financials

$/SqFt: $70

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DISCLAIMER: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Source: Bay County Association Of REALTORS® Multiple Listing Service