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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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571 Harrison Ave , Panama City, FL 32401
$724,900
Est. Payment: $4,004.97/mo
3500 Sqft
0.08 Acres
Status: Active | Days on site: 62
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GLRE - B10625
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Harrison Lilly Team
Owner/Operator

House Description

3500 Square feet of retail/restaurant/etc. space on the busy corner of Harrison and 6th Streets right where the bustling downtown starts! It's a beautiful brick building which currently has 8 murals by some of Panama City's best artists. Inside are natural brick walls in the first area as you walk in and painted white in the secondary area. There are two bathrooms, an office space (currently used and set up as a secondary kitchen), full kitchen with commercial vent hood, walk-in cooler and extra storage space with double doors leading to the alley for receiving freight. THIS LISTING IS FOR THE BUILDING ONLY. FF&E (Shelving/Coolers/Freezers/Tables & Chairs, etc.) are not part of the transaction but can be purchased as well. Kitchen hood and walk-in freezer are included since they are permanent and go through the ceiling/roof. This is a prime Opportunity Zone property and won't last long! Seller is a Realtor Business currently located at this address (Ocean Oriental Market) is also for sale)

Highlights

Listed by Rodney S King , 850-851-8778 Gulf Life Real Estate Inc , 850-699-1996. Bay County Association of REALTORS

Property Type

Commercial Sale

Lot/Acreage
0.08

Year Built

1940

County

Bay

Area

02 - Bay County - Central

Neighborhood

Gcd Plat

Listing ID

791810

Questions about this listing?

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Interior Features

Air Cond:Central Air
Fireplaces:

Exterior Features

Zoning:General Commercial
Roof:Rolled/Hot Mop
Sewer:Public Sewer
Principal Interest
$4,005
Taxes
$462

Home Price

$724,900

Loan Details

30 yrs
7.374%

Down Payment

20%
$144,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,004.97

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,004.97 $462.12 $0.00 $4,467.09
Yearly $48,059.62 $5,545.49 $0.00 $53,605.10
Total $1,441,788.51 $166,364.55 $0.00 $1,608,153.06

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T08:07:44.000Z

© 2026 Bay County Association of REALTORS