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About This Home

This 0-bedroom, 0-bathroom commercial at 436 Harrison Avenue in Panama City, FL is listed for $1,100,000 ($42 per sqft). Built in 1939, the home offers 26,400 sqft of living space on a 0.15 acres lot.

Agent Description

Welcome to one of the most structurally impressive buildings in all of Bay County. The Mashburn Building was constructed entirely of poured concrete from foundation to roof, engineered with the strength and durability of a parking garage. In recent years, hundreds of thousands of dollars in additional steel reinforcement have been added to the structure, making it one of the strongest private buildings in the county.

Now, the rooftop is ready for your big idea. The rooftop spans +/-6,000 square feet and includes two staircases and one elevator for easy access. The structure is strong enough to support multiple stories, allowing for additional concepts such as residential condos above a restaurant or bar.

Preliminary concept plans have been developed for a rooftop restaurant and bar, and these are available for your use at no cost. They are designed to help you visualize the possibilities, though a licensed architect and structural engineer will need to finalize the plans to suit your concept.

From this vantage point, you can take in one of the best views in the entire Florida Panhandle, a sweeping panorama that stretches from the Hathaway Bridge and Saint Andrews across downtown all the way to Thomas Drive, Front Beach Road, Tyndall Air Force Base, and Callaway.

On a clear day, you can even see Tommy Oliver Stadium and Twenty Third Street. Photos simply cannot capture what it feels like to stand here in person. All major utilities required to operate a restaurant, bar, or additional residential units are already stubbed to the roof and ready for connection.

There are no stormwater requirements, and no parking requirements are needed for this project. You can use the shared parking that downtown offers for you and your customers. A restaurant or bar here would be the crown jewel of our area. If executed with creativity and vision, this space could easily be featured in magazines across the southeast.

This is your opportunity to create something iconic, an elevated destination that will redefine downtown Panama City's skyline and nightlife. The first floor commercial space is also listed for sale. See MLS #785003

Key Features

  • Built in 1939
  • 0.15 acre lot
  • 4 stories

Property Details

4 stories
#400
1939

Monthly Cost Estimate

$5,883/mo

20% down · 6.5% · 30 years

Principal$796
Interest$4,767
Insurance$321

Estimates only. Actual payments may vary.

Location

436 Harrison Avenue

Panama City, FL 32401

No Named Subdivision

Property Details

Construction

Concrete

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 436 Harrison Avenue is listed at $1,100,000 ($42/sqft). The estimated monthly payment is $4,767 based on 20% down at 6.5% interest.

Key features include: Built in 1939, 0.15 acre lot, 4 stories.

This property is listed by Chris S McCall and can be reached at 8508149889 or chris1@countsrealestate.com.

CM

Chris S McCall

Agent at Counts Real Estate Group Inc

(850) 814-9889

Listed by Counts Real Estate Group Inc

MLS# 785006· Source: listhub· Updated 136 days ago

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

436 Harrison Avenue, Panama City, FL 32401

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