The Hub at Saint Andrews 2 Retail Properties Offered at $3,195,000 in Multiple Locations

The Hub at 1000-1012 Beck Avenue is a rare, fully restored boutique mixed-use asset in the heart of Historic St. Andrews — one of Panama City's most walkable, character-driven waterfront corridors. Positioned directly on Beck Avenue steps from St. Andrews Marina, this landmark property offers immediate income, strong in-place tenancy, and meaningful upside for a new owner ready to unlock its full potential.
A High-End Asset Built for Long-Term Value
Meticulously renovated in 2019/2020/2021 to a premium standard, the property seamlessly blends 1907 historic character with modern functionality. The current tenant mix is curated and experiential — anchored by The Grocery Kitchen & Taproom, a beloved local restaurant and craft taproom driving consistent foot traffic, alongside Traton Homes Showroom and Baytowne Bridal Suite, creating a complementary blend of food, retail, and specialty service.
Income Today. Upside Tomorrow.
In-place tenancy delivers immediate cash flow, while near-term lease rollover gives a new owner rare leverage — the ability to restructure leases, mark rents to market, and implement a more efficient NNN framework. With available suites in high demand and a fully built-out Portico bar and Courtyard Patio ready to activate, the path to significantly increased NOI is clear and compelling.
Investment highlights
The Asset
±7,618 SF boutique mixed-use building originally built in 1907/1925 fully renovated in 2020/2021 with premium finishes
Additional ±718 SF covered Portico + ±2,078 SF Courtyard Patio — available to lease
Prime corner location on Beck Avenue, steps from St. Andrews Marina
Income in Place
4 operating tenants: The Grocery Kitchen & Taproom (~2,500 SF), Baytowne Bridal (2,100 SF), Traton Homes (1,000 SF) and The Vault (~1,000 SF to be delivered vacant used for private lounge/management office)
Immediate cash flow from day one
Value-Add Upside
Near-term lease rollover creates opportunity to mark rents to market and transition to NNN structure
~3,796 SF of leasable space available (Portico, Patio, The Vault)
Rooftop bar/hospitality concept potential
Strong demand for current vacancies - new owner has options
Market Momentum
Adjacent parcel recently sold — corridor development actively underway
Neighboring operators reinvesting and expanding into destination dining concepts
Growing foot traffic, tourism, and experiential hospitality demand in Historic St. Andrews
Location
Walkable, character-driven waterfront corridor
Free abundant public parking
Steps from St. Andrews Marina and The Market at St. Andrews
Historic charm and highly desirable lot on the corner with excellent visibility