Listing photo for 705 & 707 Jenks Avenue, Panama City, FL
Listing photo for 705 & 707 Jenks Avenue, Panama City, FL
Listing photo for 705 & 707 Jenks Avenue, Panama City, FL
Listing photo for 705 & 707 Jenks Avenue, Panama City, FL
Listing photo for 705 & 707 Jenks Avenue, Panama City, FL
Listing photo for 705 & 707 Jenks Avenue, Panama City, FL
Listing photo for 705 & 707 Jenks Avenue, Panama City, FL
Listing photo for 705 & 707 Jenks Avenue, Panama City, FL
Listing photo for 705 & 707 Jenks Avenue, Panama City, FL
Listing photo for 705 & 707 Jenks Avenue, Panama City, FL
Listing photo for 705 & 707 Jenks Avenue, Panama City, FL
Listing photo for 705 & 707 Jenks Avenue, Panama City, FL
Listing photo for 705 & 707 Jenks Avenue, Panama City, FL
Listing photo for 705 & 707 Jenks Avenue, Panama City, FL
Listing photo for 705 & 707 Jenks Avenue, Panama City, FL
Listing photo for 705 & 707 Jenks Avenue, Panama City, FL
Listing photo for 705 & 707 Jenks Avenue, Panama City, FL
Listing photo for 705 & 707 Jenks Avenue, Panama City, FL
Listing photo for 705 & 707 Jenks Avenue, Panama City, FL
Listing photo for 705 & 707 Jenks Avenue, Panama City, FL
Listing photo for 705 & 707 Jenks Avenue, Panama City, FL
Listing photo for 705 & 707 Jenks Avenue, Panama City, FL
Listing photo for 705 & 707 Jenks Avenue, Panama City, FL
Listing photo for 705 & 707 Jenks Avenue, Panama City, FL
Listing photo for 705 & 707 Jenks Avenue, Panama City, FL
Listing photo for 705 & 707 Jenks Avenue, Panama City, FL
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705 & 707 Jenks Avenue,

Panama City, FL

$965,000

7,435 Sqft
0.91 Acres

Income producing opportunity in Downtown Panama City with 100% occupancy and situated on almost 1 acre. Property consist of two separate contiguous parcels and addresses, 705 & 707 Jenks Avenue. 705 Jenks - includes an older converted home and is leased to a Day Care Center with playground and shared parking. 707 Jenks - Office building was constructed in 2000 with 6 separate suites configured with 4 current tenants (Insurance, Dental, Financial Group and Surveyor/Real Estate Office) occupying 100% of the building. The site combines central location, easy access (Jenks Ave & rear Alley), ample parking and great visibility. The 705 Jenks property has great redevelopment potential to modernize the entire property and increase future income potential. Current combined NOI is $80,967.

Facts & Features
MLS® # 693700
Price $965,000
Square Footage 7,435
Acres 0.91
Year Built 2000
Type Commercial Sales
Sub-Type Income Producing
Style Commercial
Status Active
Listing Office Counts Real Estate Group
Community Information
Address 705 & 707 Jenks Avenue
Area 02 - Bay County - Central
Subdivision G.C. Dev. Co.
City Panama City
County Bay
State FL
Zip Code 32401
Amenities
Utilities Public Sewer, Public Water
Is Waterfront No
Interior
Heating AC - HVAC, Heat - HVAC
Exterior
Construction Roof - Metal, Siding - Metal, Siding - Stucco, Roof - Composite Shngl, Siding - Wood
School Information
Elementary Cherry Street
Middle Jinks
High Bay
Additional Information
Date Listed February 4th, 2020
Days on Market 60
Zoning Commercial
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00
Listing Details
Office Counts Real Estate Group
Photo of Ann Marie Sisk

Ann Marie Sisk

Office: 850-898-1205
Cell: 850-590-3530

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