1148 Jenks Avenue

Panama City, FL 32401
$400,000

Description

Property Type: Commercial OfficeLocation: 1148 Jenks Ave, Panama City, FL 32401Square Footage: 1900Zoning: CommercialIncome-Producing: YesOffices: 6Bathrooms: 2This prime commercial office space located in the heart of Panama City presents a fantastic investment opportunity. Positioned at 1148 Jenks Ave, this property is not only well-maintained but is also income-producing, with established tenants providing consistent cash flow.Property Features:Spacious office layout designed for a variety of professional usesAmple on-site parking available for both tenants and clientsConvenient access to major roads and downtown Panama CityAttractive, well-maintained exterior and professional curb appealInvestment Highlights:Income-Producing: Leased by reliable tenants, this property offers an immediate revenue stream.Prime Location: Centrally located in Panama City's business district, making it desirable for current and future tenants.Growth Potential: As the city continues to expand and develop, the value of this property is poised for appreciation, offering long-term investment potential.This commercial office building is an excellent turnkey investment for anyone looking to add a hassle-free,income-generating property to their portfolio. Don't miss out on this opportunity to own a valuable piece of real estate in Panama City's growing market!
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  • Property Details
      • Acres:0.16
      • Property type:Purchase
      • Year built:1940
      • Subdivision:No Named Subdivision
      • Elementary School:Cherry Street
      • Middle School:Jinks
      • High School:Bay
      • County:Bay
      • Days on Market (Cumulative):66
      • MLS #:764111
      • Cost:400000
      • Property subtype:Office
      • MLS #:764111

Location

Bruce BushReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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