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4500 W HWY 98 Panama City, FL 32405

  • 20,413 sqft
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Commercial-Active $ 5

MLS#: 674704

Courtesy of: Counts Real Estate Group Inc

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Description

Over 20,000 square feet of space perfect for any restaurant, night club, entertainment concept, , wedding or special events hall. Extensive parking with approximately 100 spaces available. The new owner continues with renovations to the building and is negotiable on any tenant improvements needed for a new tenant. The building is a must-see. The former Black Angus Restaurant and Player's Night Club had over 500 seats. The central location will pull customers from Panama City Beach and all of Bay County. The rental rate is only $5.00 per sq. ft. + operating expenses, and the tenant will pay 6.0% of gross sales in excess of $1.75 Million. Gross sales to be verified via state sales tax receipts from Department of Revenue. Call for additional information and to setup a tour

Specifications


    Contract Info


  • 0

    Location


  • 0203 - Bay - Central SW
  • None
  • No
  • Lucille Moore
  • Jinks

    General Property Info


  • Bar/Restaurant
  • Construction Complete
  • 1
  • 20413
  • 20413

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    • Lease Price/SqFt
    • Sub Area : 0203 - Bay - Central SW
    • Community/Resort : None
    • Waterfront : No
    • Elementary School : Lucille Moore
    • Middle School : Jinks
    • Directions : From Panama City Beach head East on U.S. Highway 98 approximately 2 miles. Property will be on the north side of the highway between Baltimore Avenue and Moates Avenue. Driving west on US Highway 98 the property will be on the north side of highway approximately 3.4 miles from US Highway 231.
    • High School : Bay
    • List Class : Bar/Restaurant
    • Construction Status : Construction Complete
    • # of Units : 1
    • SqFt Unit : 20413
    • SqFt HVAC : 20413
    • Stories : 1
    • Frontage Ft : 181
    • Lot Depth : 330
    • AC - Central Elect
    • Water Heater - Gas
    • Commercial
    • Electric
    • Freestanding Building
    • Furnished - Some
    • Handicapped Access
    • Handicapped Facilities
    • Kitchen Area
    • Restrooms - Public
    • Seating 200+
    • AC - Central