Address
436 Harrison Avenue 400, Panama City, FL
Price
$ 1,100,000
Property Attributes
- MLS#794261
- TypeCommercial
- Listing Status Active
- CountyBay
- CityPanama City
- Area02 - Bay County - Central
- NeighborhoodNo Named Subdivision
- Zip32401
- Style
- Year Built1939
- Price$ 1,100,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage26400
- Lot Size0.15 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
The rooftop of the Mashburn Building is available to purchase. Welcome to one of the most structurally impressive buildings in all of Bay County. The Mashburn Building was constructed entirely of poured concrete from foundation to roof, engineered with the strength and durability of a parking garage. In recent years, hundreds of thousands of dollars in additional steel reinforcement have been added to the structure, making it one of the strongest private buildings in the county. Now, the rooftop is ready for your big idea. The rooftop spans +/-6,000 square feet and includes two staircases and one elevator for easy access. The structure is strong enough to support multiple stories, allowing for additional concepts such as residential condos above a restaurant or bar. Preliminary concept plans have been developed for a rooftop restaurant and bar, and these are available for your use at no cost. They are designed to help you visualize the possibilities, though a licensed architect and structural engineer will need to finalize the plans to suit your concept. From this vantage point, you can take in one of the best views in the entire Florida Panhandle, a sweeping panorama that stretches from the Hathaway Bridge and Saint Andrews across downtown all the way to Thomas Drive, Front Beach Road, Tyndall Air Force Base, and Callaway. On a clear day, you can even see Tommy Oliver Stadium and Twenty Third Street. Photos simply cannot capture what it feels like to stand here in person. All major utilities required to operate a restaurant, bar, or additional residential units are already stubbed to the roof and ready for connection. There are no stormwater requirements, and no parking requirements are needed for this project. You can use the shared parking that downtown offers for you and your customers. A restaurant or bar here would be the crown jewel of our area. If executed with creativity and vision, this space could easily be featured in magazines across the southeast. This is your opportunity to create something iconic, an elevated destination that will redefine downtown Panama City's skyline and nightlife. The first floor commercial space will become -'Dat Cajun Pearl - Cafe' & Bar', an upscale New Orleans inspired restaurant brought by the owners of Dat Cajun Place.
| Elementary School | Middle School | High School |
|---|---|---|
| Cherry Street Elementary School | Jinks Middle School | Bay High School |
| Price History | |
|---|---|
| 8/18/2026 | Listed $1,100,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Natural Gas Available,Sewer Available |
| Property Subtype | Retail |
| County | Bay |
| Property Type | Commercial Sale |
| HOA | true |
| Subdivision Name | No Named Subdivision |
| Special Listing Conditions | Other |
| Status | Active |
| Directions | From 98 go South on Harrison Ave to Downtown Panama City, the Mashburn Building is on your left |
| High School | Bay |
| City | Panama City |
| Zoning Description | City, Other - See Remarks |
| MLS Area | 02 - Bay County - Central |
| Lot Size Units | Acres |
| Lot Size Square Feet | 6534 |
| Elementary School | Cherry Street |
| Middle/Junior High School | Jinks |
| MLS Area Minor | 0203 - Bay - Central SW |
| Standard Status | Active |
| Property Sub Type Additional | Retail |
| Possible Use | Commercial |
| Property Condition | Never Occupied |
| Year Built | 1939 |
| Construction Materials | Concrete |
| View | Bay |
| Stories Count | 4 |
| HOA Fee | 2251.74 |
| Assoc Fee Paid Per | Quarterly |
| Unit Number | 400 |
| Accessibility | Accessible Stairway,Accessible Common Area,Accessible Elevator Installed,Reinforced Floors,Accessible Doors,Accessible Entrance |
| Roof | Membrane |
Interior Features
| Furnished Units | None |
|---|---|
| Total Stories | 4 |
Exterior Features
| Lot Size Area | 0.15 |
|---|---|
| Lot Size Acres | 0.15 |
| Road Frontage Type | City Street |
| Parking Features | Paved |
| Building Area Total | 26400 |
| 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
Price
Year Built
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
