704 W 23rd Street Panama City, FL 32405
- $3,999,000
- 22,000 sqft
- Est payment $21467.5/mo
Neighborhood Info
Commercial in Panama City
***INCOME PRODUCING INVESTMENT OPPORTUNITY!!! 6 BUILDINGS, 9 TENANTS, 100% OCCUPIED COMMERCIAL OFFICE PARK*** Approximately 22,000 square feet of combined rental space on 3 acres. $332,000 in annual rental income. Landlord pays $50,000 annually in taxes, lighting and maintenance expenses...tenants pay their own insurance. Most have 3 to 5 year leases that can be provided for review. Tenants not to be disturbed and include ESPN Sports Radio, FOX TV, AMI Store management, Pancare of FL, and many more. ***SELLER WILL CARRY A NOTE WITH 25% DOWN, 6% INTEREST RATE, ON A 25 YEAR AMORTIZATION WITH A 3-5 YEAR BALLOON. Contact listing agent for details
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22,000 Sq. Ft.
Main Features
- Listing Status: Active
- Year Built: 1987
- School District: Northside
- School District2: Jinks
- School District3: Bay
- County: Bay
- Subdivision: No Named Subdivision
- MLS Number:690188
What's My Mortgage?
704 W 23rd Street Panama City, FL 32405
- $3,999,000
- 22,000 sqft
- Est payment $21467.5/mo