Active

525 Harrison Ave, 32401

Panama City FL

$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.

314231

MLS ID

February 16, 2024

Updated

Map

525 Harrison Ave, 32401
Panama City FL

Interior Features

Total Stories

2


Floor Description

Bamboo, Carpet, Tile, Vinyl, Wall to Wall


Fireplace

No


Cooling

Yes


Cooling Description

Central Electric, Other


Heating

Yes


Heating Description

Ceiling Electric

Exterior/Building Features

Lot Size

0.24 Acres


Lot Features

Aerials Available, Level


Sewer

Public Sewer

Other Property Details

Area Name

Other Counties


Taxes

$6,545


Tax Frequency

Annually


Days on Market

182


Garage

No


View

Yes


View Description

Bay, Water


Water Source

Public, Tap Fee Paid


Pool

No


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

11/14/2023

Price Change

$1,600,000

-12%

Courtesy of Sally Childs with Sundance Realty
Listing Contact: 850-899-4175 

Based on information from the REALTOR® Association for Franklin and Gulf Counties as of 2/16/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. 

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