2135 E 5th Street Panama City, FL 32401

PRICED AT $1,350,000

Listing Details

$1,350,000
MLS# 786953
Type Commercial - Business
Status Active

6,200 Square Feet
1.260 acres Lot Size
1955 Year Built

Description

388' OF PRIME HWY 98 FRONTAGE ? 1. 26 ACRE CORNER LOT ? FLEXIBLE MIXED-USE ZONING - Position your business on one of Panama City's most visible commercial corridors! Located directly on Business Hwy 98 (E 5th Street) with an AADT of 19,300 vehicles, this 1. 26-acre corner property offers an impressive 388' feet of prime highway frontage, providing exceptional visibility, accessibility, and marketing exposure. The fully fenced in property allows two convenient access points for ingress and egress, making the property ideal for customer access, deliveries, and operational logistics. Zoned as Neighborhood Downtown (ND), this flexible mixed-use...read more zoning designation allows for a broad range of potential commercial, residential, and mixed-use development opportunities (more information in document section). The property features roughly 6,200 square feet of total building space, including the main operational building with a reception area, two offices, three bathrooms, and a spacious 525 x 32 open sewing and multi-purpose workspace. The building also includes a 43 x 44 receiving and logistics area, currently unfinished but fully equipped with its own HVAC system and two roll-up doors, offering flexible space for storage, production, or distribution operations. In addition, the property includes a separate 1,500-square-foot heated and cooled welding workshop, also equipped with roll-up doors, providing a functional workspace suitable for fabrication and mechanical uses. *Newer HVACs on site and a 2019 metal roof. Located within the Millville Downtown District and just minutes from the revitalized Downtown Panama City waterfront, the property lies within a Community Redevelopment Agency district (CRA), providing potiental incentives and grant programs that may support property improvements or redevelopment. The established business currently operating on the property, is also available for purchase in conjunction with the property; however, the business valuation is separate from the advertised real estate price. Bobs Top Shop is a well-established custom awning and canvas fabrication business with deep roots in Panama City, known for producing high-quality commercial and residential awnings, marine canvas, and specialty products throughout NW Florida. With decades of brand recognition, repeat clientele, and strong community relationships, this presents a rare opportunity for an owner-operator, contractor, or investor seeking a respected local brand with continued growth potential. Whether youre interested in acquiring the property as a ready-to-go operation or exploring the many development possibilities for your own business, this highly visible and strategically positioned site offers endless opportunities. Dont wait, schedule your showing today!Parcels 22284-000-000 & 22704-000-000 being sold together. Buyer to verify all measurements.

Features

Central, Electric
1.0 Story
Built in 1955

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/13/2026. The listing information on this page last changed on 06/13/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 06/13/2026 7:22:27 AM EST) or Emerald Coast MLS (last updated Sat 06/13/2026 7:15:22 AM EST) or Central Panhandle Association of Realtors (last updated Fri 06/12/2026 10:41:31 PM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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