Find Your Emerald Coast Home Live the Gulf Life!

2929 E Highway 98

Panama City , FL 32401

MLS#: 740991

$445,000

Status: Closed
Listing number: 740991
Listing provided by: Gulf Life Real Estate Inc
Listing agent phone: None
Last update: a month ago
On site: 2 years ago
Browse Properties
No Named Subdivision - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1972

Sq.Footage

N/A

Prime Commercial, .42 Acres with 100 ft Hwy frontage on Business 98, conveniently located in the heart of Panama City just minutes from Downtown, 6,517 total Sq. Feet offers a plethora of business options! Retail, Restaurant, Nightclub, Bait Shop, Flex Office Space, Auto Parts, Window Tint, Custom Auto Shop, Small engine repair, Equipment Rental. You will be surrounded by so many growing businesses. The building is a block structure with NEW roof after Hurricane Michael. This commercial building has endless potential.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.42

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $445,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Parker

  • Middle School

    Everitt

  • High School

    Rutherford

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Bay

Elementary School

Parker

Middle School

Everitt

High School

Rutherford

Listing Courtesy of The Invested Team , Gulf Life Real Estate Inc

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Celeste Rustin

REALTOR®

Celeste Rustin

Call Celeste today to schedule a private showing.

(850) 238-9595

Celeste@GulfLifeGo.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Prime Commercial, .42 Acres with 100 ft Hwy frontage on Business 98, conveniently located in the heart of Panama City just minutes from Downtown, 6,517 total Sq. Feet offers a plethora of business options! Retail, Restaurant, Nightclub, Bait Shop, Flex Office Space, Auto Parts, Window Tint, Custom Auto Shop, Small engine repair, Equipment Rental. You will be surrounded by so many growing businesses. The building is a block structure with NEW roof after Hurricane Michael. This commercial building has endless potential.

2929 E Highway 98

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

Located in the heart of Downtown Panama City, 23 E 8th Street offers a 2,031± square foot professional office unit ideal for owner users or investors seeking a well-positioned downtown presence. The space is well suited for a wide range of professional uses including legal, financial, medical office, consulting, or creative firms. The layout provides flexibility for private offices, open work areas, conference space, and reception, allowing tenants or owners to configure the space to meet operational needs. With direct access to downtown amenities and proximity to government offices, courthouses, and local businesses, this property supports both client-facing and administrative office users. Whether purchased as a long term investment or leased for immediate occupancy, this office unit represents a rare opportunity to secure space in Panama City's growing downtown core.
#783728

Panama City

23 E 8th Street

None Beds

None Baths

2,031 Sq.Ft.

$429,000

MLS#: 783728

Discover the perfect setting for your next venture at 1415 Gulf Avenue. This Well maintained, single-owner building currently houses ''The Book Bin,'' a beloved local staple. Whether you are looking to continue the legacy of a community bookstore or envision a fresh retail concept, this location offers the visibility and character needed to thrive. Situated just off 15th Street near Lisenby Avenue, offering easy access and high visibility. With over 3,300 sq. ft. of interior space, the layout is ideal for a wide variety of retail or professional office uses. The list price is for the real estate and building only. However, for those dreaming of owning their own bookstore, the established business and extensive inventory are available for purchase separately at $600,000.
#783525

Panama City

1415 Gulf Avenue

None Beds

None Baths

3,375 Sq.Ft.

$415,000

MLS#: 783525

Prime Warehouse Facility with Refrigerated & Dry Storage This versatile warehouse with approximately 3,000 sq. ft is designed to accommodate a wide range of storage and distribution needs. The facility combines expansive dry storage and refrigerated space, offering versatility for logistics, distribution, storage, or food service or cold-chain operations. Key features include dock-high loading ramps, multiple overhead doors, and dedicated pit space for seamless semi-truck loading and unloading. The warehouse is further complemented by four well-appointed office spaces, providing a professional environment for administrative and management teams. Strategically positioned on a two-lane paved road with direct access to 11th Street, this property ensures exceptional connectivity and ease of transport, enhancing operational efficiency.
#780053

Panama City

1121 Hub Drive

None Beds

None Baths

5,500 Sq.Ft.

$445,000

MLS#: 780053

This is PRIME Mixed-Use opportunity in the heart of Panama City, Florida! This versatile commercial property offers endless potential situated on 0.45 acres in a high-visibility, centrally-located corridor of Panama City. Zoned Mixed Use-3, this property allows for both commercial and residential uses...ideal for investors, business owners, trades, storage, flex space, or future redevelopment. Offering approximately 2,800 square feet, this property features one large warehouse divided into two units, each with separate entrances, individual electrical meters, and shared other utilities. Both units include full-size garage doors, private bathrooms, and flexible layouts to accommodate a wide range of uses. Unit B also features a convenient kitchenette. This setup is ideal for an owner investor who wishes to operate out of one unit and rent the additional unit to a tenant for an income-producing property. The property is fenced, provides ample parking, and offers excellent accessibility and visibility with its central location to downtown Panama City, Highway 231 and 15th Street. This is an incredible opportunity to purchase flexible space in a fast-growing area of Panama City, Florida! Buyer to verify all information, if deemed important.
#782111

Panama City

601 W 11th Street

None Beds

None Baths

2,736 Sq.Ft.

$475,000

MLS#: 782111

Discover a prime investment opportunity in one of the most sought-after areas of Panama City, FL—Historic St. Andrews. This property is strategically located on HWY 98, the busiest road in the county. Currently, it features 4 rental units: a 3-bedroom, 2-bath home; two separate studio apartments; and one cottage with 1 bedroom and 1 bath, totaling 6 bedrooms and 5 baths. The rentals generate approximately $57,000 in annual income. Total expenses $27,000 a year. The main unit generates income of $1,500 a month. Unit 2 - $1,200 a month. Unit 3 and 4 - $450 a week. Water bill $500 a month for all 4 units. Electric - $300-$400 a month for 4 units. Solar panels - $800 a month. As Historic St. Andrews continues to grow, this property is poised for appreciation in value while providing a steady rental income. Don't miss out — call today to schedule the showing!
#781953

Panama City

2810 W 15th Street

None Beds

None Baths

2,384 Sq.Ft.

$425,000

MLS#: 781953

Property boasts office space, warehouse space and a laydown yard. Office space consists of 2 12x16 offices and 4 12x12 offices. All offices have 10 ft ceilings. All offices surround large reception area. Office also has a print area at the rear. Full kitchen and dining area w/ natural gas oven/range. Full bathroom with a shower. Warehouse area is 2000 sq ft with a mezzanine. Large 16 ft roll up door at rear of warehouse. 65x50 fenced laydown area to the side. All of this right in the center of town. Call for your showing today.
#780759

Panama City

625 Mercer Avenue

None Beds

None Baths

3,200 Sq.Ft.

$489,500

MLS#: 780759

Beautifully maintained office space offers a rare chance to establish or expand your practice in one of the area's most sought-after commercial corridors. Ideal for seasoned professionals, the property boasts ample on-site parking and is surrounded by residential neighborhoods, schools, and major retail centers. Positioned in a high-traffic area, the location offers exceptional visibility, prominent signage opportunities, and strong walk-in potential. Whether you're purchasing for your own use or as a strategic investment, this property delivers immediate usability and long-term value. Current zoning allows for medical and other healthcare-related services, it's ready for your next chapter. There will be a deed restriction for future use for a period of five (5) years to the buyer or investor operating as a dental office, dental specialty practice, or other dental-related business.
#780678

Panama City

1012 W 11th Street

None Beds

None Baths

3,360 Sq.Ft.

$420,000

MLS#: 780678

Opportunity knocks with this Incredible Portfolio! Offering multiple income streams with strong rental potential and solid tenant demand, immediate equity awaits! All Addresses: 1522 Kraft Ave, 708 S Hwy 22A and 803 E 10th Ct are for sale individually, bringing together a combined annual income of $55,005! You don't want to miss out on this,
#779173

Panama City

708 HWY 22A

None Beds

None Baths

4,108 Sq.Ft.

$524,999

MLS#: 779173

1619 Lisenby Ave is currently occupied as a full service Nail Salon and Spa. 'Celestial Nails Spa' is located in a high traffic area, on a highly exposed 60 x 140 corner lot. Established in 2016, this property boasts excellent visibility with a loyal clientele. Just off of 15th St, which is one of the main thoroughfares in Panama City, this salon can be highly profitable because of its location. The property currently offers 3 pedicure chairs, 4 nail stations, all equipment for a nail business, a spa room for waxing or eyelash services, and a separate room for a beautician or other spa services. There is ample parking for customers. Zoning is General Commercial-1 (GC-1). This zoning includes professional office and personal services, private childcare or daycare services, grocery and convenience retail (beauty parlor, barber shop, laundromat, dry cleaner), food establishments, or dance or music studios. Many allowable uses. See document section for more information. The growth potential for any business in this location is excellent. Water heater is an electric tankless water heater. HVAC is 2019, updated windows. Call or text for an appointment to see what this wonderful business has to offer. Please verify all measurements.
#778079

Panama City

1619 Lisenby Avenue

None Beds

None Baths

1,263 Sq.Ft.

$360,000

MLS#: 778079

1 Acre Prime Commercial Property with 132' Frontage on N East Ave! Zoned General Commercial 1, this versatile property includes a 3-bedroom, 1.5-bath residence that can easily be converted into office or retail space. Also on-site is a 30'x40' metal building featuring underground electrical and a 400AMP 3-phase circuit panel. Previously used as a fabrication shop, the building remains equipped for industrial or commercial use. The metal building has sustained hurricane damage and will require a new roof. A 10'x12' concrete storage building is also located behind the residence. With convenient access to transportation, a well-dwelling, and a flexible layout, this property offers tremendous potential for development, ideal for a retail plaza, commercial complex, or storage facility. A must-see opportunity for your next business venture!
#777145

Panama City

922 N East Avenue

None Beds

None Baths

2,337 Sq.Ft.

$435,000

MLS#: 777145

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service