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    705 & 707 Jenks Avenue

    Panama City, FL 32401
    • $895,000
    • STATUS: Active
    • ON SITE: 149 days
    • MLS #: 693700
    UPDATED: 30 min ago
    $895,000
    • 0
      BEDS
    • 0.91
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2000
    County:
    Bay

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Income producing opportunity in Downtown Panama City with 100% occupancy and situated on almost 1 acre. Property consist of two separate contiguous parcels and addresses, 705 & 707 Jenks Avenue. 705 Jenks - includes an older converted home and is leased to a Day Care Center with playground and shared parking. 707 Jenks - Office building was constructed in 2000 with 6 separate suites configured with 4 current tenants (Insurance, Dental, Financial Group and Surveyor/Real Estate Office) occupying 100% of the building. The site combines central location, easy access (Jenks Ave & rear Alley), ample parking and great visibility. The 705 Jenks property has great redevelopment potential to modernize the entire property and increase future income potential. Current combined NOI is $80,967.

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    © 2020 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 ResortQuest Real Estate. Data last updated: 2020-07-03T08:04:06.073.
    www.rqemeraldcoastrealestate.com/homes/102919157
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    705 & 707 Jenks Avenue Panama City, FL 32401

    • Price: $895,000
    • Status: Active
    • Updated: 30 min ago
    • MLS #: 693700
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.91
    Acres
    2000
    Built
    Neighborhood:
    G.C. Dev. Co.
    County:
    Bay
    Area:
    Bay County-Central
    Elementary School:
    Cherry Street
    Middle School:
    Jinks
    High School:
    Income Producing
    Property Description
    Income producing opportunity in Downtown Panama City with 100% occupancy and situated on almost 1 acre. Property consist of two separate contiguous parcels and addresses, 705 & 707 Jenks Avenue. 705 Jenks - includes an older converted home and is leased to a Day Care Center with playground and shared parking. 707 Jenks - Office building was constructed in 2000 with 6 separate suites configured with 4 current tenants (Insurance, Dental, Financial Group and Surveyor/Real Estate Office) occupying 100% of the building. The site combines central location, easy access (Jenks Ave & rear Alley), ample parking and great visibility. The 705 Jenks property has great redevelopment potential to modernize the entire property and increase future income potential. Current combined NOI is $80,967.
    Exterior Features

    Construction Siding Roof - Composite ShnglRoof - MetalSiding - MetalSiding - StuccoSiding - Wood Construction Status Construction Complete Frontage Ft 200.00 Lot Depth 210.00 Site Dimensions 200X210X200X210 Transport Access 2-LaneCity RoadPaved

    Interior Features

    Heating Cooling Ac - HvacHeat - Hvac Sq Ft Total Building 7435.00

    Property Features

    Commercial Sale Sub Type Bay Community Resort None Energy Ac - Central ElectHeat - Central Electric Financing CashConventional Hoa Fee No List Class Commercial Occupancy Status Occupied Offering Type Real Estate Present Zoning Commercial Pricing Type Sale Price Utilities Public SewerPublic Water

    Listing provided courtesy of Counts Real Estate Group. Listing information © 2020 Central Panhandle Association of Realtors MLS.


    © 2020 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 ResortQuest Real Estate. Data last updated: 2020-07-03T08:04:06.073.
     
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