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2309 Frankford Avenue
  • MLS#: 786458 ( CommercialSale )
  • Street Address: 2309 Frankford Avenue
  • Viewed: 2
  • Price: $1,299,000
  • Price sqft: $365
  • Waterfront: No
  • Year Built: 1996
  • Bldg sqft: 3555
  • Days On Market: 17
  • Additional Information
  • Geolocation: 30.1904 / -85.6921
  • County: BAY
  • City: Panama City
  • Zipcode: 32405
  • Subdivision: No Named Subdivision
  • Elementary School: Nortide
  • Middle School: Jinks
  • High School: Bay
  • Provided by: Savvy Avenue LLC
  • DMCA Notice
  • Description
    2ea Office Buildings For Sale 3,555 total Sq.Ft 2309 Frankford Ave Panama City FL 32405 Brick Office Building Currently 5 yr Lease Income: $3500.00 monthly $42,000.00 Annually Leased to Pyne Law, built 1999 1871sq.ft. Office Building #2 2104 W 23rd St. Panama City FL 32405 1684sq.ft. Brick Building 5 offices, lobby, Kitchen/break room, Mens & Women's bathrooms, Copier Room, Stock Room & Storage room, covered parking, rear entrance to lockable rear office, ideal for a Doctor or Professional practice. Paved Parking Lot with ample parking, High Traffic Count corner location at lighted intersection on main street thoroufare. Also includes $5,000.00 Annual income for Digital Billboard on edge of property. SALE: $1,299,000 ($364/SF) Owner Financing, flexible 10% down 30yr Mortgage 6.75% APR NET monthly mortgage payment is $3658.mo (Mortage Payment is $7574.mo less $3500.mo Lease Income & less $416.mo Digital Billboard income) EXPENSES: Includes 11.5 KW Solar Panel Photovoltaic System reducing electrical costs to appx $50.mo. Average, Property Tax $421mo ($5056.yr) BOP Business Owners Policy $884mo ($10,603yr) Wifi/Internet $170mo (included paid for one year)
Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Covered Spaces
  1. 0.00
Garage Spaces
  1. 0.00
High School
  1. Bay
Insurance Expense
  1. 0.00
Legal Description
  1. 25 3S 15W -20- 79A BEG 50' N & 50 ' W OF SE COR TH W 77.5' N 225' E 88.98' S 225' TO POB ORB 3224 P 1234
Living Area
  1. 0.00
Middle School
  1. Jinks
Area Major
  1. 02 - Bay County - Central
Net Operating Income
  1. 0.00
Occupant Type
  1. Occupied
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 26750-000-000
Pet Deposit
  1. 0.00
Possible Use
  1. Commercial
Property Type
  1. CommercialSale
School Elementary
  1. Northside
Security Deposit
  1. 0.00
The Range
  1. 0.00
Trash Expense
  1. 0.00
Year Built
  1. 1996