5709 Cherry Street, Panama City, FL 32404

$169,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 12,197 Status: Sold
Current Price: $198,000 List Date: 1/22/2024 Last Modified: 10/13/2024

Description

Potential office for doctor, dentist, attorney or other professional service. This commercial zoned building is located on a major thoroughfare in Callaway. It has been an ongoing source of rental income for many years as a beauty shop. This is for site could easily be used for a professional office with slight interior remodel. The space currently consists of a large salon room with multiple chairs, hair dryer locations and wash basins. The building is on a large lot with additional parking in rear and handicap ramp access.The owner reports that everything is in operating condition and currently has no anticipated improvement needed. This is a good investment property and offered below comparable market.

More Information MLS# 940593

Contract Info

GCCMLS Number: 30865864 Listing Board: Emerald Coast List Date: 2024-01-08 List Price: $198,000

Location, Tax and Legal

Sub Area: 2702 - Bay - Central SE Property Name: 5709 Cherry St Legal Description: 7 4S 13W -152.1-131C3 BEG 170' S OF SE COR OF LOT 3 BLK 6 B. 1ST ADD S 159.8' W 78' N 159.8' E 78' TO POB ORB 492 P 752 ORB.1409 P.1343 ORB 3406 P 1179 SUB TO FP&L ESMT

General Property Info

Listed on GCCMLS: Yes Vacant: No Lot SqFt: 12402 Immediate Occupancy: Yes Lot Depth: 159 Zoning: Commercial Lot Frontage: 78 Acreage: 0.28

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: Potential office for doctor, dentist, attorney or other professional service. This commercial zoned building is located on a major thoroughfare in Callaway. It has been an ongoing source of rental income for many years as a beauty shop. This is for site could easily be used for a professional office with slight interior remodel. The space currently consists of a large salon room with multiple chairs, hair dryer locations and wash basins. The building is on a large lot with additional parking in rear and handicap ramp access.The owner reports that everything is in operating condition and currently has no anticipated improvement needed. This is a good investment property and offered below comparable market.

Class

Income Producing: 1 Retail: 1

Construction Status

Existing: 1

Retail

Property Type: Freestanding Year Built: 1950 Unit SqFt: 1076 Building SqFt: 1076 # of Units: 1

Income Producing

Property Type: Retail

None

Current Price: $169,000

Status Change Info

Status: Sold Under Contract Date: 2024-03-09 Sold Date: 2024-03-29 Sold Price: $169,000

Location Tax and Legal

Area: 27 - Bay County Street #: 5709 Street Name: Cherry Street Suffix: Street State: FL Zip Code: 32404 County: Bay Parcel ID: 06198-000-000

Property Features

Class: Income Producing; Retail Construction Status: Existing
Listing Office: True Coastal Realty PLLC
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.