6213 E Highway 98 Active Save Request In-Person Tour Request Virtual Tour
Panama City,FL 32404
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision [No Recorded Subdiv]
MLS Listing ID 756852
Year Built 1967
Lot Size 1.060 Acres
Property Description
BAY FRONT COMMERCIAL FREE-STANDING BUILDING, 3,492 sq. ft. sits on over an ACRE (1.06). Honestly a Gorgeous Bayfront Acre! The commitment of the Department of Defense to invest $5.9 Billion in the rebuild of Tyndall Air Force Base has catalyzed unprecedented economic growth, driving demand for housing and infrastructure in the area. 📈 Unprecedented Growth: The influx of defense-related projects and economic development initiatives has propelled Callaway and its surrounding areas into a period of unparalleled growth. With one-third of the region's economy anchored in the defense industry, the demand for housing has surged, presenting investors with a solid opportunity for return on investment. 🛩️ Base of the Future: Tyndall Air Force Base's transformation into the 'Base of the Future' signifies a monumental leap forward in defense infrastructure. With the Air Force's commitment to deploying three fighter squadrons and the addition of over 600 military jobs per squadron, the demand for housing in Callaway is poised to skyrocket. Moreover, the surge in construction activity, employing up to 4,000 workers, underscores the sustained economic vitality of the region. ⚓ Thriving Naval Presence: Naval Support Activity Panama City further enhances the area's economic vibrancy, with major tenant commands driving innovation and growth. From the Naval Surface Warfare Center, Navy Dive and Salvage Training Center to the Naval Experimental Dive Unit, both the US Coast Guard and naval presence in Panama City contributes significantly to the region's stability and prosperity. WHAT IT MEANS TO YOU AS A BUSINESS OWNER IS HEAVY TRAFFIC FLOW AND POTENTIAL CUSTOMERS!
Location
State FL
County Bay
Area 02 - Bay County - Central
Exterior
Utilities Available Sewer Available,Water Available
Waterfront Yes
Waterfront Description Bayfront,Gulf Access
View Y/N Yes
View Bay
Roof Type Metal
Building
Lot Description Cleared,Interior Lot,Level
Foundation Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools Tyndall
Middle Schools Everitt
High Schools Rutherford
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Listed As-Is