Description
2ea Office Buildings For Sale 3,555 total Sq.Ft 2309 Frankford Ave Panama City FL 32405 Brick Office Building Currently 5-yr Lease Income: $3500.00 monthly $42,000.00 Annually Leased to Pyne Law, built 1999 1871sq.ft. Office Building #2 2104 W 23rd St. Panama City FL 32405 1684sq.ft. Brick Building 5 offices, lobby, Kitchen/break room, Mens & Women's bathrooms, Copier Room, Stock Room & Storage room, covered parking, rear entrance to lockable rear office, ideal for a Doctor or Professional practice. Paved Parking Lot with ample parking, High Traffic Count corner location at lighted intersection on main street thoroufare. Also includes $5,000.00 Annual income for Digital Billboard on edge of property. SALE: $1,299,000 ($364/SF) Owner Financing, flexible 10% down 30yr Mortgage 6.75% APR NET monthly mortgage payment is $3658.mo (Mortage Payment is $7574.mo less -$3500.mo Lease Income & less -$416.mo Digital Billboard income) EXPENSES: Includes 11.5 KW Solar Panel Photovoltaic System reducing electrical costs to appx $50.mo. Average, Property Tax $421mo ($5056.yr) BOP Business Owners Policy $884mo ($10,603yr) Wifi/Internet $170mo (included paid for one year)
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0BEDS
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0.35ACRES
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0BATHS
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01/2 BATHS
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3,555SQFT
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$365$/SQFT
School Information
Description
2ea Office Buildings For Sale 3,555 total Sq.Ft 2309 Frankford Ave Panama City FL 32405 Brick Office Building Currently 5-yr Lease Income: $3500.00 monthly $42,000.00 Annually Leased to Pyne Law, built 1999 1871sq.ft. Office Building #2 2104 W 23rd St. Panama City FL 32405 1684sq.ft. Brick Building 5 offices, lobby, Kitchen/break room, Mens & Women's bathrooms, Copier Room, Stock Room & Storage room, covered parking, rear entrance to lockable rear office, ideal for a Doctor or Professional practice. Paved Parking Lot with ample parking, High Traffic Count corner location at lighted intersection on main street thoroufare. Also includes $5,000.00 Annual income for Digital Billboard on edge of property. SALE: $1,299,000 ($364/SF) Owner Financing, flexible 10% down 30yr Mortgage 6.75% APR NET monthly mortgage payment is $3658.mo (Mortage Payment is $7574.mo less -$3500.mo Lease Income & less -$416.mo Digital Billboard income) EXPENSES: Includes 11.5 KW Solar Panel Photovoltaic System reducing electrical costs to appx $50.mo. Average, Property Tax $421mo ($5056.yr) BOP Business Owners Policy $884mo ($10,603yr) Wifi/Internet $170mo (included paid for one year)
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