436 Harrison Avenue 400, Panama City, FL 32401

New Listing
$1,100,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 6,534 Status: Active
Current Price: $1,100,000 List Date: 2/10/2026 Last Modified: 2/10/2026

Description

Welcome to one of the most structurally impressive buildings in all of Bay County. The Mashburn Building was constructed entirely of poured concrete from foundation to roof, engineered with the strength and durability of a parking garage. In recent years, hundreds of thousands of dollars in additional steel reinforcement have been added to the structure, making it one of the strongest private buildings in the county. Now, the rooftop is ready for your big idea. The rooftop spans +/-6,000 square feet and includes two staircases and one elevator for easy access. The structure is strong enough to support multiple stories, allowing for additional concepts such as residential condos above a restaurant or bar. Preliminary concept plans have been developed for a rooftop restaurant and bar, and

Supplements: these are available for your use at no cost. They are designed to help you visualize the possibilities, though a licensed architect and structural engineer will need to finalize the plans to suit your concept. From this vantage point, you can take in one of the best views in the entire Florida Panhandle, a sweeping panorama that stretches from the Hathaway Bridge and Saint Andrews across downtown all the way to Thomas Drive, Front Beach Road, Tyndall Air Force Base, and Callaway. On a clear day, you can even see Tommy Oliver Stadium and Twenty Third Street. Photos simply cannot capture what it feels like to stand here in person. All major utilities required to operate a restaurant, bar, or additional residential units are already stubbed to the roof and ready for connection. There are no stormwater requirements, and no parking requirements are needed for this project. You can use the shared parking that downtown offers for you and your customers. A restaurant or bar here would be the crown jewel of our area. If executed with creativity and vision, this space could easily be featured in magazines across the southeast. This is your opportunity to create something iconic, an elevated destination that will redefine downtown Panama City's skyline and nightlife. The first floor commercial space is also listed for sale. See MLS #785003

More Information MLS# 994951

None

Current Price: $1,100,000

Status Change Info

Status: Active

Contract Info

GCCMLS Number: 44312386 List Date: 2026-01-16 List Price: $1,100,000 Listing Board: Emerald Coast

Location Tax and Legal

Area: 27 - Bay County Street #: 436 Street Name: Harrison Street Suffix: Avenue State: FL Zip Code: 32401 County: Bay Parcel ID: 19553000000

General Property Info

Listed on GCCMLS: Yes Vacant: Yes Immediate Occupancy: No Acreage: 0.15 Lot Frontage: 40

Retail

Year Built: 1939 Unit SqFt: 5858 Building SqFt: 26400 # of Units: 1

Property Features

Class: Retail Construction Status: Existing; Under Construction
Listing Office: Counts Real Estate Group Inc
Last Updated: February - 10 - 2026
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.

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