Panama City, FL Retail and Special Purpose Commercial Real Estate

5102 Collegiate Drive is situated in a unique setting in the heart of Panama City's college campus near the Hathaway Bridge and overlooking North Bay. The property is adjoining Florida State University Panama City and directly across Collegiate Drive from Gulf Coast State College. Kevin Wattenbarger & Associates | SVN Southland Commercial Real Estate Advisors are pleased to present a one-of-a-kind opportunity by presenting the nearly 6,000 +/- SF college campus mixed-use property located at 5102 Collegiate Drive for Sale or Lease. 5102 Collegiate Drive is the only privately owned parcel located in Florida State University (FSU), Panama City Campus & Gulf Coast State College (GCSC). The ground floor possesses nearly 3,000 sf of interior retail space with additional areas for outdoor seating. The second floor has a separate suite with nearly 3,000 sf with amazing views of the North Bay and the surrounding college campuses. The property is feet from the new Seminole Landing on-campus apartment building (380 beds, 132 units) opened in Fall 2021. The property has a current zoning classification of General Commercial (GC-2 | Panama City). For additional information, contact Kevin Wattenbarger, CCIM info@PanamaCityCRE.com, or 850.913.9133 (voice or text).

Panama Plaza is located at the northeast corner of Lisenby Ave and West 15 St.(a/k/a Hwy 98). The subject area includes several national retailers, including Burger King, CVS Pharmacy, Piggly Wiggly Food for Less, O'Reilly Auto Parts, and Dollar General.

Panama Plaza is located at the northeast corner of Lisenby Ave and West 15 St.(a/k/a Hwy 98). The subject area includes several national retailers including CVS Pharmacy, Piggly Wiggly Food for Less, O'Reilly Auto Parts, and Dollar General.

This property is just north of E 23rd St on Highway 77 in Panama City, FL. The intersection of 77 and 23rd is the retail bulls-eye for Panama City. Retailers in the immediate vicinity are Home Depot, Target, Chick-Fil-A, Cracker Barrel, Hancock Bank, Lowes, Books-A-Million, PetSmart, and Chili's just to name a few! A new construction development is just south of this site and features Hobby Lobby, Burlington, Ulta, Five Below, Chipotle, Aspen Dental, Discount Tire, Panda Express and many more!

Located in a high traffic area in the Northwest Quadrant of East 23rd Street and Highway 77.

The subject property is a corner parcel, centrally located on busy Highway 98, a/k/a West 15th Street. Located at the northeast corner of Highway 98 & Fortune Avenue. The property possesses full access from Highway 98 and additional ingress/egress points on Fortune Avenue. Highway 98 is one of the area's main commercial thoroughfares with daily traffic counts of 29,500 +/- VPD. Kevin Wattenbarger & Associates | SVN Southland are pleased to present the free-standing retail showroom/office and warehouse building located at 1820 W 15th Street available for sale. The 6,310 SF building's current configuration provides for a 2,000 +/- sf retail showroom/ sales area with drop ceiling and an attached warehouse portion is approximately 2,800 sf with 12' clear ceiling and 15 over-head roll-up doors loading areas. 14 loading areas are at 24" above grade with one door at 4' above grade providing for semi-trailer access. There is one restroom in the warehouse portion and a 500 +/- sf insulated walk-in freezer (refrigeration- non-functioning). In addition there is approximately 800 +/- sf of office/training area. There is one large room that is approximately 575 +/- sf, and two (2) private offices, a restroom, and a storage room. Approximately .65 +/- acres of partially fenced (fence sustained by damage due to Hurricane Michael), rear yard area. Current owners will replace the roof which also received damage due to Hurricane Michael.

2704 W 15th Street (a/k/a Hwy 98) is located at the eastern gateway to the St. Andrews community in Panama City, FL. Kevin Wattenbarger & Associates | SVN Southland Commercial Real Estate Advisors are pleased to present the commercial property located at 2704 W 15th Street, Panama City, FL, for sale. 2704 W 15th Street is an eye-catching, classic 1940's brick automobile-related services building. The prominent structure sits on .75 +/- acres, and it has a very noticeable street presence from Highway 98 in front of 38,000 +/- VPD (FLDOT 2019). The property has a current zoning classification of General Commercial (GC | Panama City) and is located within the St. Andrews Community Redevelopment Area (CRA). The property possesses approximately 120' of Highway 98 road frontage. The street-front retail building is approximately 2,500 +/- sf, and there is a detached warehouse of approximately 6,500 +/- sf (65' x 100') connected by a covered breezeway. In addition, there is a fenced storage "lay-down" yard on the north side of the property approximately 70' X 135' (.22 +/- acres). The warehouse property does have existing hurricane damage and needs repairs. The property is located within Flood Zone X. This is once a generation opportunity to purchase a piece of Panama City's history. For additional information, contact Kevin Wattenbarger, CCIM at info@PanamaCityCRE.com (e-mail) or 850.913.9133 (voice or text).

Beck Partners Retail Team is proud to bring to market Panama City Crossings Shopping Center located on E 23rd St in Panama City, Florida across the street from the Panama City Mall. Panama City Crossings possesses ample parking, and a convenient central location with easy accessibility. The center is anchored by PetSmart and shadow anchored by Books a Million and Chili's. Panama City Crossings is located on one of Panama City's busiest commercial thoroughfares with daily exposure to traffic counts of 21,500 vehicles per day.

Located in historic downtown Panama City at the southwest corner of Magnolia Avenue and 4th Street. Centrally located between the Bay County Courthouse and downtown Panama City's main street, Harrison Avenue.

Superior visibility from 23rd Street to over 34,000 cars per day

Head south on Airport Road from 23rd Street. In 3/4 of a mile, the property will be on your right. This 10,800± SF self storage facility is 93% occupied with the possibility of expansion. The 0.84± acre site currently contains 69 units (18 - 10x10, 32 - 10x15, 18 - 10x20, 1 - 20x30) with a gross income of $96,000± annually. Current owner self-manages remotely.

The property is a 29,600-square-foot* shopping center anchored by PetSmart and Chili’s. The center is located at the intersection of Interstate 75 and Florida State Highway 368, where traffic counts average 310,000 and 22,000 cars per day, respectively

Formerly Jasmine Thai Cuisine Restaurant

The subject property, 103 W 15th Street, is located at the highly visible, major intersection of US Highway 231, W 15th Street (aka Highway 98), and Harrison Avenue.

The subject site is located an estimated 8.6 nautical miles from the Gulf of Mexico and an estimated 3.4 nautical miles from the Intracoastal Waterway. Boaters can access St. Andrew Bay and the Subject Site via St. Andrew Bay Entrance Channel at the Gulf of Mexico, approximately 8.6 nautical miles away. The channel ranges from .25-mile in width to .75 mile in width and has depths of up to 40’. St. Andrew Bay is a 70,000-acre bay with three arms known as East Bay, West Bay, and North Bay. Some depths in the bay can run to 40’. The bay has remained largely a salt water bay and is almost an extension of the Gulf of Mexico. The clarity of the water and the saltwater have created deal breeding grounds for seagrass beds and an abundance of wildlife, including fish, shellfish, birds and mammals. Because of this vibrant nautical location, the planned marina is in a prime position to capture east/west and north/south vessel traffic, both transient and local (permanent residents of the Subject Site and/or current residents of the Panama City region). The Panama City/Bay County region has a long and established boating and nautical culture for several reasons: 1. The configuration of natural and man-made waterways in the region provides an intricate system of navigational opportunities for boating, fishing, diving, cruising, commerce, eco-tourism and conservation. 2. St. Andrew Bay is the only major watershed basin situated entirely within the Florida Panhandle. 3. Bay County’s 270-square-miles of water covers 26 percent of the area in the county with 27 miles of coastline. 4. The average year-round water temperature is 72 degrees. 5. In addition, the existence of several naval installations in the region, a commercial fishing industry, shipbuilding and marine-related industries, the Port of Panama City and the regions reputation as a beach-goers paradise have contributed to its reputation as a vibrant nautical destination. SweetBay™ is an urban infill project that is located on the site of the former Bay County International Airport in Panama City, Florida. The Master Plan for the 700 acre site features five miles of waterfront park, marina, village town center, [University Academy] a K-8 public charter school, and a variety of single-family and multi-family homes. The old runways become a system of waterways and greenways that link the village center and neighborhoods with the waterfront. An extensive system of nature trails further enhances the connectivity, linking homes with shops and restaurants, school, and recreational opportunities. The subject property is the only large piece of property available for development on St. Andrew Bay. The developer has rights for 3,200 residential units, 700,000 SF of commercial space, and has successfully sold over 150 homes in their initial phase. The developer’s goal is to develop and sell over 150 units per year with buildout estimated for 2032. The most appealing aspect of Sweet Bay is its focus on the waterfront and water related activities. For this reason the developer has invested the time necessary to acquire complete entitlements for a 117 wet slip marina and 240 boat capacity dry storage facility to be constructed on the North end of the site. This site is truly “shovel ready” with FDEP and USACE permits in hand. Permits are valid thru June 2022. The transferable permits authorize the permitee to excavate & construct a full service marina located at the North end of the development. Slips will utilize floating concrete docks and finger piers that would accommodate vessels 40 to 60 feet in length and drafting up to 7'. There will be 68 permanent slips and 1,454’ of flexible mooring area. There will be two launching slips in support of an upland dry storage facility, and a full service fuel dock. The marina basin will be 7.33 acres in size and will be excavated from existing uplands. A dry storage facility with a 240 boat capacity, restrooms, and an office/retail facility will be located on the uplands adjacent to the marina. The permitted depth of -8 (MLW) is authorized under the permit.

Jr. Anchor space available next to Kohl’s. Located on Martin Luther King Jr. Blvd (aka Hwy 77) in Panama City’s primary retail hub with surrounding national retailers. Superior visibility to over 28,000 cars per day.

Prime retail location in Panama City. 55,000 SF box with superior visibility from 23rd street to over 34,000 cars per day. Surrounding tenants include: Chick-Fil-A, Outback Steakhouse, TJ Maxx, Dollar Tree, Walmart, and many more.

Close proximity to Gulf Coast Regional Medical Center with 1,000+ employees and Panama City Mall anchored by Dillard’s.

High visibility from 40,000+ vehicles daily. Proven tenant stability with strong sales performance

Located on 15th Street just 0.1 miles from AutoNation Ford.

Floor Area: 55,185 sqft Number of Units: 1 Construction Quality: Above Average Exterior: Concrete Block/Stucco Heating Type: Forced Air Cooling Type: Central