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$585,000 -$10,000 (-1.68%) Price Reduced
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Property Description
Prime Commercial Opportunity - in the Heart of Panama City Position your business for success in a high-demand, central area of Bay County. Offering 3,375 square feet of functional workspace on a .31-acre lot, with 123 feet frontage for exposure this property is perfectly suited for an owner-operator, expanding business, or investor seeking a turnkey opportunity. This move-in ready facility features service bays, providing ample room for multiple technicians and efficient workflow. The shop is thoughtfully laid out to support daily operations, with space for equipment, customer service, and office for administrative needs. This property benefits from consistent traffic and excellent accessibility--making it ideal for any business; whether it be auto, roofing, plumbing, you name it! Opportunities like this don't come around often in such a sought-after location. Whether you're looking to grow your current operation or step into ownership, this property delivers the foundation you need. Don't miss your chance to secure the perfect business location in the heart of Bay County!
Full Property Details
Full Property Details for MLS# 787701
General
- Price: $585,000
- Status: Active
- Type: Commercial Service
- Source: Bay_County
- MLS ID: 787701
- Updated: 7/20/2026
- Added to Site: 111 day(s) ago
Business
- Name: A1 Transmission
- Business Type: Auto Service
Interior
- Flooring: Concrete
Location
- County: Bay
- Subdivision: [No Recorded Subdiv]
- Driving Directions: from N 231 take R on East Ave. Past Sherman R on left. From E. 15th street turn L., .5 mile on R.
School Information
- Elementary School: Cedar Grove
- Middle School: Everitt
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
Structural Information
- Construction: Aluminum Siding
- Roof: Flat
- Year Built: 1990
Lot Features
- Lot Size (Acres): 0.31
- Lot Size (Sq. Ft.): 13,503.6
- Lot Size: .31
- Zoning: Business
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: 35 3S 14W -11.16- ST AND BAY DEV CO PLAT BEG 112.5' N & 550' W OF SE COR LOT 57 TH W 122.68' N 112.5' E 123.38' S 112.5' TO POB ORB 3408 P 2161
- Property ID: 14818-050-000
Listed by Think Real Estate
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Schools
Schools serving MLS# 787701
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Cedar Grove Elementary School 2826 East 15th Street, Panama City, FL 32405 | PK-5 | 0.6 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 1.3 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 2.3 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 MLS# 787701
Date
Details
Price
Change
Source
7/20/2026
Price Reduced
$585,000
-1.68%
MLS
6/25/2026
Price Reduced
$595,000
-3.25%
MLS
6/04/2026
Price Reduced
$615,000
-1.6%
MLS
5/03/2026
Price Reduced
$625,000
-3.85%
MLS
4/01/2026
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for MLS# 787701
MLS# 787701, Panama City, FL 32405 (MLS# 787701) is a Commercial Service property. MLS# 787701 is currently listed for $585,000 and was received on April 01, 2026. Want to learn more about MLS# 787701? Do you have questions about finding other Commercial Service 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.

