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$425,000
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Property Description
Welcome to 401 E6th street. This historical building is located in Downtown Panama City. with the growth and expansion of downtown Panama City this building is a prime location for your business. This property is located in the City's Downtown Commercial Redevelopment Area and is eligible for CRA grants, including the Commercial Improvement Grant which could pay for up to $50,000 in facade improvements. Also owner financing is available. This building is zoned Commercial DTD allowing for a variety of uses. this building features 5400 sqft of open space, with a back room with a loading dock. the roof was replaced in 2021. This is a great opportunity to invest in a rapidly growing area
Full Property Details
Full Property Details for 401 E 6th St
General
- Sold For: $425,000
- Status: Closed
- Type: Retail
- Source: Bay_County
- MLS ID: 737512
- Added to Site: 1, 147 day(s) ago
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: From 15th St head south on Jenks Ave. Turn left onto E 6th St. Head down a few blocks and property is located on the north side of the street. Agents signs on property.
School Information
- Elementary School: Cherry Street
- Middle School: Jinks
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
Structural Information
- Stories/Levels: 1
- Year Built: 1959
Lot Features
- Lot Size (Acres): 0.33
Financial Considerations
- Terms: Cash, Conventional, Lease, Owner May Carry
Disclosures and Reports
- Legal Description: GCD PLAT 105C2 LOTS 1, 2, 3 & 4 BLK 24 ORB 4619 P 913
- Property ID: 19794-000-000
Listed by Think Real Estate
Sold by Hitchcock Real Estate LLC
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Schools
Schools serving 401 E 6th St
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Merriam Cherry Street Elementary School 1125 Cherry Street, Panama City, FL 32401 | PK-5 | 1.1 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 1 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 401 E 6th St
Date
Details
Price
Change
Source
7/13/2023
Sold
$425,000
-14.83%
MLS
4/20/2023
Price Reduced
$499,000
-9.27%
MLS
2/13/2023
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
401 E 6th Street, Panama City, FL 32401 (MLS# 737512) is a Retail property that was sold at $425,000 on July 13, 2023. Want to learn more about 401 E 6th Street? Do you have questions about finding other Retail real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

