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- LoopNet Team
707 Jenks Ave
Panama City, FL 32401
Office Property For Sale

Investment Highlights
- Historic Downtown Panama City
- Two Contiguous Parcels - Almost 1 Acre
- 100% Occupancy
- Central Location, Easy & Convenient Access
Property Facts
Amenities
- Accent Lighting
- Reception
- Central Heating
- High Ceilings
About 707 JENKS AVE , PANAMA CITY, FL 32401
Income producing opportunity in Downtown Panama City with 100% occupancy and situated on almost 1 acre. Property consist of two separate contiguous parcels and addresses, 705 & 707 Jenks Avenue. 705 Jenks - Includes an older converted home and is leased to a Day Care Center with playground and shared parking. 707 Jenks - Office building was constructed in 2000 with 6 separate suites configured with 4 current tenants (Insurance, Dental, Financial Group and Surveyor/Real Estate Office) occupying 100% of the building. The site combines central location, easy access (Jenks Ave & rear Alley), ample parking and great visibility. The 705 Jenks property has great redevelopment potential to modernize the entire property and increase future income potential. Current combined NOI is $80,967.
Property Taxes
| Parcel Number | 20025-000-000 | Improvements Assessment | $245,022 |
| Land Assessment | $148,000 | Total Assessment | $393,022 |
Property Taxes
Listing ID: 18421522
Date on Market: 2/5/2020
Last Updated:
Address: 707 Jenks Ave, Panama City, FL 32401
The Downtown Panama City Office Property at 707 Jenks Ave, Panama City, FL 32401 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
