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2135 E 5th Street
Panama City, FL 32401

$1,350,000 - Status: Active
Bed Icon Beds: 0
Bath Icon Baths:
Sq Feet Icon SQFT (H&C): 6,200
MLS Icon MLS# 786953

388' OF PRIME HWY 98 FRONTAGE ? 1. 26 ACRE CORNER LOT ? FLEXIBLE MIXED-USE ZONING - Position your business on one of Panama City's most visible commercial corridors! Located directly on Business Hwy 98 (E 5th Street) with an AADT of 19,300 vehicles, this 1. 26-acre corner property offers an impressive 388' feet of prime highway frontage, providing exceptional visibility, accessibility, and marketing exposure. The fully fenced in property allows two convenient access points for ingress and egress, making the property ideal for customer access, deliveries, and operational logistics. Zoned as Neighborhood Downtown (ND), this flexible mixed-use zoning designation allows for a broad range of potential commercial, residential, and mixed-use development opportunities (more information in document section). The property features roughly 6,200 square feet of total building space, including the main operational building with a reception area, two offices, three bathrooms, and a spacious 52'5'' x 32' open sewing and multi-purpose workspace. The building also includes a 43' x 44' receiving and logistics area, currently unfinished but fully equipped with its own HVAC system and two roll-up doors, offering flexible space for storage, production, or distribution operations. In addition, the property includes a separate 1,500-square-foot heated and cooled welding workshop, also equipped with roll-up doors, providing a functional workspace suitable for fabrication and mechanical uses. *Newer HVACs on site and a 2019 metal roof. Located within the Millville Downtown District and just minutes from the revitalized Downtown Panama City waterfront, the property lies within a Community Redevelopment Agency district (CRA), providing potiental incentives and grant programs that may support property improvements or redevelopment. The established business currently operating on the property, is also available for purchase in conjunction with the property; however, the business valuation is separate from the advertised real estate price. Bob's Top Shop is a well-established custom awning and canvas fabrication business with deep roots in Panama City, known for producing high-quality commercial and residential awnings, marine canvas, and specialty products throughout NW Florida. With decades of brand recognition, repeat clientele, and strong community relationships, this presents a rare opportunity for an owner-operator, contractor, or investor seeking a respected local brand with continued growth potential. Whether you're interested in acquiring the property as a ready-to-go operation or exploring the many development possibilities for your own business, this highly visible and strategically positioned site offers endless opportunities. Don't wait, schedule your showing today! Parcels 22284-000-000 & 22704-000-000 being sold together. Buyer to verify all measurements.

Property Features

MLS#: 786953
Zip: 32401
Subdivision:
Development: 05 - Bay County - East
Property Type: Commercial - Business
Days on Site: 77
Heating: Central, Electric
Lot Size: 1.26 acres
Roof Type: Metal
Stories: 1.0
Year Built: 1955
SQFT (H&C): 6,200

Feature Descriptions

Exterior: Block, HardiPlank Type
Lot Description: Cleared
Parcel#: 22704-000-000
Sewer: Public Sewer
Utilities: Sewer Available

Local Schools

High School: Bay
Middle School: Jinks
Elementary School: Patterson

2135 E 5th Street | MLS# 786953

This commercial property located at 2135 E 5th Street, Panama City, FL 32401 is currently listed for sale with an asking price of $1,350,000. Search Panama City real estate on www.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Compass Florida, LLC

Shown By

Agency Title: Beachy Beach Real Estate
Agency Phone: 850-233-4351

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