Skip To Content
    Return to Previous Page

    4001 W 23rd Street

    Panama City, FL 32405
    • $4,500,000
    • STATUS: Active
    • ON SITE: 195 days
    • MLS #: 699406
    UPDATED: 45 min ago
    $4,500,000
    • 0
      BEDS
    • 2.78
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 27,300
      SQFT
    • $165
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2009
    County:
    Bay

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    The Comcast Building offers a prime location on 23rd Street with credit tenants. Priced below replacement cost. This 27,300 sq. ft. center offers frontage on 23rd St, ample parking, and additional storage in the rear. Leases are triple-net. The Net Operating Income is $405,000. Comcast has occupied 21,400 sq. ft. for over 10 years and renewed for an additional 5 years in 2019. Encompass Health recently leased 3,900 sq. ft. office suite. The lone vacancy is a 2,000 sq. ft. unit that is currently a dark shell space ready to finish to a new tenant's specifications.

    Monthly Payment Calculator



    © 2021 Central Panhandle Association of Realtors MLS. All rights reserved. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Vacasa Real Estate. Data last updated: 2021-01-20T00:04:14.987.
    www.rqemeraldcoastrealestate.com/homes/107637379
    Print Image

    4001 W 23rd Street Panama City, FL 32405

    • Price: $4,500,000
    • Status: Active
    • Updated: 45 min ago
    • MLS #: 699406
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.78
    Acres
    27,300
    SQFT
    $165
    $/SQFT
    2009
    Built
    Neighborhood:
    [No Recorded Subdiv]
    County:
    Bay
    Area:
    Bay County-Central
    Elementary School:
    Lucille Moore
    Middle School:
    Jinks
    High School:
    Income Producing
    Property Description
    The Comcast Building offers a prime location on 23rd Street with credit tenants. Priced below replacement cost. This 27,300 sq. ft. center offers frontage on 23rd St, ample parking, and additional storage in the rear. Leases are triple-net. The Net Operating Income is $405,000. Comcast has occupied 21,400 sq. ft. for over 10 years and renewed for an additional 5 years in 2019. Encompass Health recently leased 3,900 sq. ft. office suite. The lone vacancy is a 2,000 sq. ft. unit that is currently a dark shell space ready to finish to a new tenant's specifications.
    Exterior Features

    Construction Siding Clear SpanFloor - ConcreteRoof - MetalRoof - SlopingSiding - MetalSiding - StuccoSteel/Frame Construction Status Construction Complete Site Description Aerials AvailableRetention PondSite - PlanSurvey Transport Access 2-Lane5 Or More LanesCenter Turn LaneCounty RoadPaved

    Interior Features

    Heating Cooling Ac - Hvac Sq Ft Total Building 27300.00

    Property Features

    Business Name The Comcast Building Commercial Features Aaa TenantFreestanding BuildingHandicapped AccessHandicapped FacilitiesKitchen AreaOffice AreaSign Commercial Sale Sub Type Bay Community Resort None Energy Ac - 2 Or MoreWater Heater - Electric Financing CashConventional Hoa Fee No List Class Commercial Occupancy Status Occupied Offering Type Real EstateSale With Lease Present Zoning CityCommercial Pricing Type Sale Price Sale Type As IsOther - See Remarks Utilities All Maintenance

    Listing provided courtesy of Counts Real Estate Group Inc. Listing information © 2021 Central Panhandle Association of Realtors MLS.


    © 2021 Central Panhandle Association of Realtors MLS. All rights reserved. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Vacasa Real Estate. Data last updated: 2021-01-20T00:04:14.987.
     
    https://bt-photos.global.ssl.fastly.net/panamacity/1280_boomver_2_699406-2.jpg https://bt-photos.global.ssl.fastly.net/panamacity/1280_boomver_2_699406-2.jpg https://bt-photos.global.ssl.fastly.net/panamacity/1280_boomver_2_699406-2.jpg
    Logo
    Vacasa Real Estate
    35000 Emerald Coast Parkway
    Destin FL, 32541