Property Attributes
- MLS#788403
- TypeCommercial
- Listing Status Active
- CountyBay
- CityPanama City
- Area02 - Bay County - Central
- Neighborhood[No Recorded Subdiv]
- Zip32401
- Style
- Year Built2005
- Price$ 2,499,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage9425
- Lot Size0.8 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Prime commercial opportunity just minutes from Panama City Beach, positioned on a high-traffic corridor with excellent visibility and corner lot access. This versatile property features three total units, anchored by a well-established, turnkey tire and auto repair center. The main unit is fully equipped and operational, boasting five bay doors, professional-grade lifts, compressors, and all necessary equipment included in the sale--offering a seamless transition for an owner-operator or investor. In addition to the primary business space, the property includes two income-producing rental units with long-term tenants already in place, providing immediate and stable cash flow. One of the rental units also benefits from an additional bay door, enhancing functionality and appeal for automotive or light industrial use. A standout feature is the expansive, fully fenced outdoor area ideal for auto storage, fleet parking, or expansion opportunities--adding significant value and flexibility to the site. With strong frontage, steady traffic counts, multiple income streams, and a turnkey operation included, this property presents an exceptional investment opportunity in a rapidly growing coastal market.
| Elementary School | Middle School | High School |
|---|---|---|
| Lucille Moore Elementary School | Jinks Middle School | Bay High School |
| Price History | |
|---|---|
| 4/15/2026 | Listed $2,499,000 |
General Features
| Property Subtype | Commercial |
|---|---|
| County | Bay |
| Property Type | Commercial Sale |
| HOA | false |
| Subdivision Name | [No Recorded Subdiv] |
| Status | Active |
| Directions | 15th street to Corner of Clay Ave. Address 2206 W 15th Street. |
| High School | Bay |
| City | Panama City |
| MLS Area | 02 - Bay County - Central |
| Lot Size Units | Acres |
| Lot Size Square Feet | 34848 |
| Elementary School | Lucille Moore |
| Middle/Junior High School | Jinks |
| MLS Area Minor | 0203 - Bay - Central SW |
| Standard Status | Active |
| Property Sub Type Additional | Commercial |
| Possible Use | Commercial |
| Occupancy Type | Occupied |
| Year Built | 2005 |
| Business Type | Auto Service |
Exterior Features
| Lot Size Area | 0.8 |
|---|---|
| Mobile Home Dimensions | Feet |
| Lot Size Acres | 0.8 |
| Building Area Total | 9425 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 32401
In The Neighborhood
Panama City
$ 599,000
- Type
- Commercial
- Size
- 3,996 SqFt
Panama City
$ 3,195,000
- Type
- Commercial
- Size
- 7,618 SqFt
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The 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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating