836 Harrison Avenue, Panama City, FL 32401
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  • MLS#: 786409 ( CommercialSale )
  • Street Address: 836 Harrison Avenue
  • Viewed: 1
  • Price: $500,000
  • Price sqft: $68
  • Waterfront: No
  • Year Built: 1958
  • Bldg sqft: 7382
  • Additional Information
  • Geolocation: 30.1634 / -85.6599
  • County: BAY
  • City: Panama City
  • Zipcode: 32401
  • Subdivision: No Named Subdivision
  • Elementary School: Cherry Street
  • Middle School: Jinks
  • High School: Bay
  • Provided by: Nations Real Estate, Inc
  • DMCA Notice
  • Description
    Positioned at 836 Harrison Avenue in Panama City, Florida, this 12 room motel presents a rare and compelling opportunity for investors and operators seeking a foothold in one of the Gulf Coast's most energetically transforming corridors. The property sits squarely within a neighborhood experiencing a genuine renaissance a dynamic revival of local commerce, community investment, and visitor interest that is reshaping the surrounding area and driving meaningful demand for quality lodging. Whether pursued as a value add repositioning play, a boutique hospitality redevelopment, or a stabilized income producing asset, this motel delivers the physical footprint, flexible room mix, and strategic location to support a variety of ownership visions. This property qualifies for a community based grant program specifically targeting exterior rehabilitation within the revitalization corridor. The available grant funding represents a significant capital contribution toward cosmetic and structural improvements to the building's facade, signage, landscaping, and public facing elements improvements that drive curb appeal, brand perception, and guest acquisition. The Harrison Avenue corridor is in the midst of a well documented revitalization. New businesses, arts venues, dining concepts, and public infrastructure investments are converging to create a vibrant, walkable district that is attracting both residents and visitors who would previously have bypassed the area. This type of neighborhood momentum where private investment and public commitment reinforce each other historically precedes significant increases in lodging demand, average daily rate, and property values.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Concrete
  • Living Area: 0.00
  • Roof: Metal
School Information
  • High School: Bay
  • Middle School: Jinks
  • School Elementary: Cherry Street
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Trash Expense: 0.00
Other Features
  • Legal Description: GCD PLAT LOTS 24, 25 BLK 39 ORB 1964 P 2233 MAP 92A4
  • Area Major: 02 - Bay County - Central
  • Occupant Type: Occupied
  • Parcel Number: 19935-000-000
  • Possible Use: HotelMotel
  • The Range: 0.00
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