3712 3Rd StPanama City, FL 32401

This exceptional Panama City commercial property, situated on a 4,791.6 sq ft lot at 3712 E 3rd Street, offers a unique blend of retail and warehouse space, ideal for a variety of uses. Built in 1942, the 5,550 square foot building features a flexible layout, currently divided into two distinct sections. The front (approximately 1750 sq ft) boasts storefront space, office areas, and a fully equipped kitchen. Access is available via the main storefront entrance or through French doors leading to a large open room with additional offices. This section is currently generating $1400 per month in rental income. The rear (approximately 3800 sq ft) comprises warehouse space, additional offices, a kitchen, and a prep area. This section includes a substantial walk-in refrigerator with three showcase doors, a large walk-in freezer, and an oversized rolling utility door, perfect for receiving large deliveries. Upstairs, you'll find two more offices and a loft/storage area. This area currently generates $5000 per month in rental income. Documented rental income of $5000 per month for the rear and $1400 per month for the front exists for the last three years. The property is offered for sale at $379,900 and presents a significant opportunity for investors seeking a high-return investment or businesses needing versatile space. The two sections can be leased separately or together, providing flexibility for various business needs. This property is ready for immediate occupancy and offers a rare combination of space, functionality, and income potential in a desirable Panama City location.