10100 Hutchison Boulevard, Panama City Beach, FL 32407

$2,250,000

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Sold Price
$2,250,000
List Price
$2,760,000

Property Description

Prime commercial retail investment opportunity located in the heart of Panama City Beach, Florida. Beachside Marketplace was built in 2009 and has stable 100% occupancy. Comprised of 10,174 square feet and divided into six units, the building was constructed of concrete block masonry and a TPO roof. There is tremendous upside as the majority of leases are below current market rental rates. Premier location directly across the street from the Super WalMart with a traffic light at the entrance to Beachside Marketplace aligned with the Panama City Beach Fire Station across the street.

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Listing courtesy of Counts Real Estate Group Inc. Selling Office: Counts Real Estate Group Inc.