900 E Cherry ST Active Save Request In-Person Tour Request Virtual Tour
Panama City,FL 32401
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Sudduths 2Nd Add
MLS Listing ID 756700
HOA Y/N No
Lot Size 0.650 Acres
Acres 0.65
Property Sub-Type Commercial
Property Description
PRIME REAL ESTATE AND READY TO BE SOLD! This dynamic corner commercial vacant property is located directly across street from Dollar General store in the Cove, just one block from Merriam Cherry Street School. Large strategic corner location with handy multi-method property access and exposure that includes paved alley access across the rear. This highly visible location with steady consumer traffic offers a super site for commercial business/retail storefront, service industry and/or office space. Mostly a single family area, there are multi-family residential (condo or apartment complex type) properties in the immediate 'Cove' area. The Tax ID Parcel # above has an additional attached separate second parcel (Tax ID # 20985-010-000) making this a larger L-Shaped property (total property near .65 acre). The main rectangular parcel is approximately 164 feet on Cherry Street and near 150 feet deep to alley along rear of property. The adjoining parcel adds near 25 feet x 160 feet piece along the alley and behind the existing (attorney) office bldg to the East (see attached sketch in documents). The total parcel being sold is L-Shaped and over (6/10ths) of an acre. This property was formerly a convenience store and gas station (Jr Foods store and EZ Serve) for numerous years. A copy of DEP remediation letter acknowledgement is in attached 'Documents'. More recently the former building has been used as an uniform company and ambulance company, building was damaged by Hurricane Michael (2018) - and that original building has since been removed. The property is currently vacant land with multiple concrete pads on site. The property has enhanced curb appeal with recently completed Cherry Street rehab and renovation (repaving/landscaping/widened walks). Current owner has limited first hand knowledge about prior site usage and has no specifics of prior environmental remediation. Seller encourages and will grant new buyer site access for any environmental audits or other inspections that may accompany any typical sales contract negotiations. The Cove is a popular and well populated mostly residential area - a properly positioned new retail, office, or service business should handsomely succeed at this prime Cove location. This property is in the heart of the Cove, with plenty of consumer traffic and visibility...a great location for a town centre type business location. CURRENT OWNER IS READY... AND SAYS SELL!
Location
State FL
County Bay
Community Curbs,Gutter(S),Sidewalks
Area 02 - Bay County - Central
Interior
Fireplace No
Exterior
Community Features Curbs,Gutter(s),Sidewalks
Utilities Available Sewer Available,Water Available
Building
Lot Description Cleared,Corner Lot,Sloped
Schools
Elementary Schools Cherry Street
Middle Schools Jinks
High Schools Bay
Others
Tax ID 20985-000-000
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Listed As-Is