1806&1808 Brown Avenue, Panama City, FL 32405 For Sale

💥 Seller Offering $25,000 Buyer Improvement Allowance

The seller is offering a $25,000 credit at closing to assist with customization, reconfiguration, or tenant improvements, allowing buyers to tailor the space to their specific business needs. Whether you're envisioning a salon, medical office, professional services firm, creative workspace, or another permitted use, this incentive provides added flexibility and value.

Rare opportunity to purchase two contiguous GC-1-zoned properties in the Bayview Addition of Panama City, offered together at a discounted package price. This flexible assemblage combines a modern warehouse facility with a newer single-family residence, creating multiple income and use scenarios. 1806 Brown Ave features a 3,476 SF warehouse building constructed in 2016 with metal construction, office areas, and paved access—ideal for a variety of commercial or service-based uses. 1808 Brown Ave, built in 2017, is a 2-bedroom, 1-bath single-family home currently tenant-occupied with strong rental income in place. The property also provides valuable additional parking for 1806 and includes a detached garage suitable for office, storage, or flex space. Upon vacancy, the residence may also support future commercial or mixed-use use, subject to buyer verification. Together, the properties offer approximately 17,424 SF of combined land, allowing buyers to operate, generate income, or reposition both assets long-term. Properties may be purchased individually or as a discounted package. Combination sale strongly preferred. Buyer to verify zoning and intended use.