Property Attributes
- MLS#795376
- TypeCommercial
- Listing Status Active
- CountyBay
- CityPanama City
- Area02 - Bay County - Central
- Neighborhood[No Recorded Subdiv]
- Zip32401
- Style
- Year Built1981
- Price$ 1,200,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3520
- Lot Size0.35 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Investment opportunity at 2025 W 15th Street in Panama City! This established gas station and convenience store property is situated along the highly traveled W 15th Street commercial corridor and is being offered as a fully leased, income-producing commercial investment. The property is currently operated as a gas station and convenience store under a long-term commercial lease with an additional tenant renewal option. The lease structure places responsibility for applicable property taxes, insurance, assessments, and extensive repairs and maintenance on the tenant, including major building components. This provides an attractive opportunity for an investor seeking an established fuel and convenience store location, commercial frontage, long-term tenancy, and future appreciation potential. Buyer to independently verify all lease terms, environmental matters, zoning, property condition, and other information material to the purchase.
| Elementary School | Middle School | High School |
|---|---|---|
| Northside Elementary School | Jinks Middle School | Bay High School |
| Price History | |
|---|---|
| 9/14/2026 | Listed $1,200,000 |
General Features
| County | Bay |
|---|---|
| Property Type | Commercial Sale |
| HOA | false |
| Subdivision Name | [No Recorded Subdiv] |
| Special Listing Conditions | Listed As-Is |
| Status | Active |
| Directions | From the intersection of Lisenby Avenue and W 15th Street, head West on W 15th Street (US-98) for approx. 0.8 miles. The property will be on the left, on the corner of W 15th Street and Frankford Avenue. |
| High School | Bay |
| City | Panama City |
| Zoning Description | General Commercial |
| MLS Area | 02 - Bay County - Central |
| Lot Size Units | Acres |
| Lot Size Square Feet | 15246 |
| Elementary School | Northside |
| Middle/Junior High School | Jinks |
| MLS Area Minor | 0203 - Bay - Central SW |
| Standard Status | Active |
| Possible Use | Commercial |
| Occupancy Type | Occupied |
| Year Built | 1981 |
| Roof | Flat |
Exterior Features
| Lot Size Area | 0.35 |
|---|---|
| Lot Size Acres | 0.35 |
| Building Area Total | 3520 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 32401
In The Neighborhood
Panama City
$ 3,195,000
- Type
- Commercial
- Size
- 7,618 SqFt
Panama City
$ 575,000
- Type
- Commercial
- Size
- 3,977 SqFt
Emerald Coast Association of REALTORS®, Inc. 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 consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively 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.
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 consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating