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$ 1,200,000
Est. payment | /mo
3,520 SqFt
$ 1,200,000
Est. payment | /mo
3,520 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,520 sqft
Price per Sqft $340
Subdivision [No Recorded Subdiv]
MLS Listing ID 795376
HOA Y/N No
Year Built 1981
Lot Size 0.350 Acres
Acres 0.35
Property Description
Investment opportunity at 2025 W 15th Street in Panama City! This established gas station and convenience store property is situated along the highly traveled W 15th Street commercial corridor and is being offered as a fully leased, income-producing commercial investment. The property is currently operated as a gas station and convenience store under a long-term commercial lease with an additional tenant renewal option. The lease structure places responsibility for applicable property taxes, insurance, assessments, and extensive repairs and maintenance on the tenant, including major building components. This provides an attractive opportunity for an investor seeking an established fuel and convenience store location, commercial frontage, long-term tenancy, and future appreciation potential. Buyer to independently verify all lease terms, environmental matters, zoning, property condition, and other information material to the purchase.
Location
State FL
County Bay
Area 02 - Bay County - Central
Interior
Fireplace No
Exterior
Roof Type Flat
Private Pool No
Schools
Elementary Schools Northside
Middle Schools Jinks
High Schools Bay
Others
Tax ID 18758-000-000
Special Listing Condition Listed As-Is
Listed by Overstreet Realty
Nearby Locations
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