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2900 E 5th St
Panama City, FL 32401

$560,000 USD

Restaurant For Sale  •  1,574 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 3,486 SF
  • Lot Size 0.33 AC
  • Building Class C
  • Year Built 1947
  • Tenancy Single
  • Zoning NG
30 Transit Score
40 Walk Score

Highlights

3,486 SF Mixed-Use Investment Property – Two-building asset featuring retail, restaurant, office, and residential components
Restaurant + Apartment Combination – The primary 2,874 SF building includes a restaurant on the ground floor with a residential apartment above
Additional Retail Building – Separate 1,262 SF building currently configured as a tattoo shop, providing diversified tenant opportunities
Prime Panama City Location – Positioned on E 5th St in Bay County with strong access to surrounding residential neighborhoods and commercial corridors
Strong Traffic Exposure – Located along a corridor with approximately 19,300 Daily Traffic, delivering excellent visibility and customer access
Strong Income Potential – Projected gross rent of $6,783/month with estimated NOI of $79,827/year, making it an attractive cash-flow investment.

Public Transportation

AirportDriveWalkDistance
Northwest Florida Beaches International 41 min - 23.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 17
Type: Surface
Included in Rent: Yes
Dror Attias Acre Expert
Dror Attias Acre Expert