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5420 Hickory St 21,184 SF Office Building Panama City, FL 32404 $2,500,000 ($118.01/SF)

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Executive Summary

This property is a prime commercial opportunity located in Panama City, FL, offering 21,184 sq ft of under roof space on a 2.5-acre lot. Zoned for mixed use, this property presents an opportunity for a variety of businesses. Fully renovated post-hurricane, it has a new 24-gauge standing seam metal roof and is constructed using red iron clear span beams. This construction allows for interior changes to be easily accomplished. Inside, you will find multiple reception areas, executive offices, and a kitchenette. The open footprint of the building allows for a wide range of uses for a multitude of businesses. A separate entrance on the left side allows for potential subletting. Parking lot accommodates 4 spaces per 1000 sq ft with room to expand. All utilities are easily accessible, and open roof access allows for modifications.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
21,184 SF
Building Class
B
Year Built/Renovated
1988/2012
Price
$2,500,000
Price Per SF
$118.01
Tenancy
Single
Building Height
1 Story
Typical Floor Size
21,184 SF
Building FAR
0.19
Lot Size
2.50 AC
Zoning
Mixed Use - Mixed-Use 1, City of Parker
Parking
100 Spaces (4.72 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Storage Space
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 2,799-21,184 SF
  • Flex
  • Full Build-Out
  • 30 Days

$12 per sqft NNN. This property is a prime commercial opportunity located in Panama City, FL, offering 21,184 sq ft of under roof space on a 2.5-acre lot. Zoned for mixed use, this property presents an opportunity for a variety of businesses. Fully renovated post-hurricane, it has a new 24-gauge standing seam metal roof and is constructed using red iron clear span beams. This construction allows for interior changes to be easily accomplished. Inside, you will find multiple reception areas, executive offices, and a kitchenette. The open footprint of the building allows for a wide range of uses for a multitude of businesses. A separate entrance on the left side allows for potential subletting. Parking lot accommodates 4 spaces per 1000 sq ft with room to expand. All utilities are easily accessible, and open roof access allows for modifications. This space has 2 separate areas that each have their own entrance. The main area is 18,385 Sq Feet, and the smaller area is 2,799 Sq Feet. The owner is open to leasing the entire space, or leasing the spaces separately.

Space Size Space Use Condition Available
1st Floor 2,799-21,184 SF Flex Full Build-Out 30 Days

1st Floor

Size
2,799-21,184 SF
Space Use
Flex
Condition
Full Build-Out
Available
30 Days

1st Floor

Size 2,799-21,184 SF
Space Use Flex
Condition Full Build-Out
Available 30 Days

$12 per sqft NNN. This property is a prime commercial opportunity located in Panama City, FL, offering 21,184 sq ft of under roof space on a 2.5-acre lot. Zoned for mixed use, this property presents an opportunity for a variety of businesses. Fully renovated post-hurricane, it has a new 24-gauge standing seam metal roof and is constructed using red iron clear span beams. This construction allows for interior changes to be easily accomplished. Inside, you will find multiple reception areas, executive offices, and a kitchenette. The open footprint of the building allows for a wide range of uses for a multitude of businesses. A separate entrance on the left side allows for potential subletting. Parking lot accommodates 4 spaces per 1000 sq ft with room to expand. All utilities are easily accessible, and open roof access allows for modifications. This space has 2 separate areas that each have their own entrance. The main area is 18,385 Sq Feet, and the smaller area is 2,799 Sq Feet. The owner is open to leasing the entire space, or leasing the spaces separately.

Property Taxes

Property Taxes

Parcel Number
25158-010-000
Land Assessment
$90,000
Improvements Assessment
$546,502
Total Assessment
$636,502
  • Listing ID: 39354487

  • Date on Market: 2/6/2026

  • Last Updated:

  • Address: 5420 Hickory St, Panama City, FL 32404

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