2726 E 15Th Street, Panama City, FL 32405 (MLS# 928142)

2726 E 15Th Street, Panama City, FL 32405

$950,000

Property Type: Commercial for Sale Lot Size (sq. ft.): 72,745 Status: Sold

Current Price: $1,195,000 List Date: 9/11/2023 Last Modified: 10/13/2024

Description

Stow Pros Self Storage, an investment opportunity nestled in the heart of Panama City, Florida! This property listing showcases a well-established facility at 2726 E 15th St, boasting an impressive 16,800 sqft of space, housing 114 units, 128 doors. Currently boasting an impressive 91% occupancy rate. Diverse selection of unit sizes, ranging from 5'x10' to 10'x30', catering to a broad customer base, from individuals to businesses seeking storage solutions. The non-climate-controlled units offer a practical and cost-effective storage solution for various items. The Sale price also includes the adjacent corner lot at 2732 E 15th street, Panama City, FL 32401 currently leased to a used car business. Must be sold together. Parcel ID for 2nd property is: 15321-010-002

More Information MLS# 928142

None

Current Price: $950,000

Status Change Info

Status: Sold Under Contract Date: 2023-12-02 Sold Date: 2023-12-20 Sold Price: $950,000

Contract Info

GCCMLS Number: 30850219 List Date: 2023-07-20 List Price: $1,195,000 Listing Board: Emerald Coast

Location Tax and Legal

Area: 27 - Bay County Street #: 2726 Street Direction: E Street Name: 15Th Street Suffix: Street State: FL Zip Code: 32405 County: Bay Parcel ID: 15321-000-000

General Property Info

Listed on GCCMLS: Yes Property Information: This sale and purchase transaction includes 2 land parcels. Stow Pros Self Storage operates at 2726 E 15th Street, Panama City, 32401 and the adjacent lot located at 2732 E 15th Street is leased to a used car business. The adjacent lot has two office buildings one for each business. Stow Pros Self Storage is surrounded by fence and entrance gate that operates with a keypad. Vacant: No Immediate Occupancy: Yes Acreage: 1.67 Lot SqFt: 73150 Zoning: Commercial

Income Producing

Year Built: 2002 Building SqFt: 16800 Cap Rate: 6 Property Type: Other (See Remarks)

Office

# of Units: 114

Property Features

Class: Income Producing; Office

Listing Office: Counts Real Estate Group Inc

Last Updated: October - 13 - 2024

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.