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Commercial > Office
Active
09/21/2023
List Price
$1,400,000$487/ft²

1602 Martin Luther King Jr Blvd
Panama City, FL 32405

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  • 1602 Martin Luther King Jr Blvd, Panama City, FL 32405 is a 2,875 ft² commercial office property property built in 1963 on a 1.860 acre lot with 4 construction permits. This commercial office property is currently for sale for $1,400,000, and it was last sold in 2008 for $368,300.

    MLS Description

    The listing agent's description. Original Listing

    This property is a perfect location for any construction services, industrial services, or a manufacturing business. This is a 1.86 acre fenced in lot with an electric security gate. Property is conveniently located to main roadways including Hwy 231, Hwy 77, Hwy 98 and 23rd St. Highlights include 2875 sq/ft of office and 4257 sq/ft of warehousing, asphalt slab approx 162' x 162', with plenty of greenspace, and extra auxiliary storage buildings. There is available access to MLK Blvd and to Louisiana Ave. The property provides approx. 345 feet of main road frontage off of MLK Blvd. Lot is Industrial commercial zoning. Recently renovated Office building includes: 5 offices, 3 bathrooms, a kitchenette, and reception area. Office has a standing seam metal roof from 2022, hot water heater 2022, HVAC 2022. Office also features an icehouse where team members can fill up coolers before going into the field. Wearhouse building has 7 roll up bay doors, 3 of which are 16ft power roll up bay doors. Wearhouse building has a 2019 screw down metal roof. This property features 37 parking spaces with plenty of room for additional parking, as well as plenty of room for additional building and expansion. No detail was spared to make this a functional and efficient commercial use property. Note there is a new survey denoting where a portion of the frontage was sold to DOT, that can be referenced. When the DOT takes over this section, they have agreed to make all necessary repairs and renovations as a remedy.

    Listing Agents

    The listing agent for 1602 Martin Luther King Jr Blvd is The Fadden-McKelvie Group.

    Permits

    1602 Martin Luther King Jr Blvd has 4 permit records.

    Permit History
    4
    Permits

    Current Ownership

    Information about the current owner(s).

    Property History

    1602 Martin Luther King Jr Blvd has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 1602 Martin Luther King Jr Blvd

    School Information

    Public/private schools serving 1602 Martin Luther King Jr Blvd

    Neighborhood

    This property is located in Downtown North, Panama City, FL 32405.

    Market Trends

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    Copyright © 2024 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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