Active

525 Harrison Avenue

Panama City FL, 32401

$1,600,000


$135.88 per sqft

Active

11,775 sqft

Commercial

Built in 1950

Incredible opportunity to take advantage of getting in on the ground floor of the downtown revitalization project. This large 18,249 SF building has both front and rear access with 5 dedicated private parking spots including a loading dock. Currently being used as a dance studio and events facility - there are endless possible uses for this commercial space. The basement is currently used for all storage, the main floor has a large bar area and sitting area next to the ballroom floor. Reception area in the front and offices, kitchen, and bathrooms in the back, along with a smaller dance floor. Upstairs is another large area that will be the secondary dance floor (the owner is in the process of completing the flooring there). Two large dressing rooms with restrooms and showers along with 5 other large rooms (currently being used for storage). Owner is willing to negotiate furniture and equipment.

741488

MLS ID

May 16, 2023

Listed

February 16, 2024

Updated

Map

525 Harrison Avenue
Panama City FL, 32401

Interior Features

Total Stories

2


Appliances

Electric Water Heater


Floor Description

Carpet, Concrete, Hardwood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Electric, Multi Units


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

0.24 Acres


Exterior Features

Columns


Sewer

Public Sewer

School Information

High School

Bay


Elementary School

Cherry Street

Other Property Details

Area Name

02 - Bay County - Central


Days on Market

182


Garage

No


View

Yes


View Description

Bay


County

Bay


Water Source

Public


Pool

No

Listing History

Date

Event

Price

11/14/2023

Price Change

$1,600,000

-12%

 

Courtesy of Franklin & Gulf Counties MLS Members, Sally Childs,
Listing Contact: (850) 899-4175 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Peevy Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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