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- LoopNet Team
101 E 7th St
Panama City, FL 32401
Specialty Property For Sale
·
46,752 SF
INVESTMENT HIGHLIGHTS
- Iconic Landmark Property
- Opportunity Zone
PROPERTY FACTS
| Property Type | Specialty | Building Size | 46,752 SF |
| Property Subtype | School | No. Stories | 2 |
| Building Class | B | Year Built | 1915 |
| Lot Size | 2.58 AC | Parking Ratio | 0.43/1,000 SF |
| Zoning | DTD - Downtown District (DTD | Panama City) | ||
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | B |
| Lot Size | 2.58 AC |
| Building Size | 46,752 SF |
| No. Stories | 2 |
| Year Built | 1915 |
| Parking Ratio | 0.43/1,000 SF |
| Zoning | DTD - Downtown District (DTD | Panama City) |
ABOUT 101 E 7TH ST , PANAMA CITY, FL 32401
Kevin Wattenbarger & Associates | SVN SouthLand Commerical Real Estate Advisors are honored to represent First Presbyterian Church of Panama City to present the redevelopment opportunity of the iconic landmark, Panama Grammar schoolhouse property. First Presbyterian Church of Panama City will be accepting purchase offers and development proposals until May 31, 2019. The historic property was dedicated in 1915 and housed grades one through twelve in Bay County's first modern school building. It operated as a public school until its closure in June of 1965. First Presbyterian Church purchased the property that same month and has been stewards of this community treasure since that time. Unfortunately, the historic school did sustain significant damage when Hurricane Michael made landfall near Panama City on October 10, 2018, as a major category four (4) hurricane.
PROPERTY TAXES
| Parcel Number | 20075-000-000 | Improvements Assessment | $175,774 |
| Land Assessment | $361,480 | Total Assessment | $537,254 |
PROPERTY TAXES
