Highway 77 Retail Redevelopment Opportunity | Former Burger King QSR w/ Drive-Thru

For Sale

2399 Highway 77, Panama City, FL 32405

This Panama City property for sale is located at 2399 Highway 77. The current listed sale price for Highway 77 Retail Redevelopment Opportunity | Former Burger King QSR w/ Drive-Thru is $1,250,000. Highway 77 Retail Redevelopment Opportunity | Former Burger King QSR w/ Drive-Thru is situated on a lot that is 0.7 acre in size.

Contacts

broker

Kevin Wattenbarger

Five Bridges Real Estate Services

(850) 532-5454

Property Details

  • Property Type Retail - Freestanding
  • Property Size 3,461 SF
  • Units 1
  • Lot Size 0.7 Acre
  • Property Tenancy Single Tenant
  • Year Built 1986
  • Year Renovated 2016
  • Date Updated Apr 24, 2024
Located in the heart of Panama City's retail hub, 2399 Highway 77 (Martin Luther King Jr. Blvd) offers exceptional visibility and access. With 149 feet of frontage along Highway 77, a daily traffic count of 29,000 vehicles, and five lanes, the site is strategically positioned just north of the bustling "main & main" intersection of E 23rd St & Hwy 77. It is surrounded by major retailers like Target, Home Depot, Lowe's, Chick-fil-A-, Oliver Garden, Starbucks, and many others. It's a prime location with easy access to both the established retail core and the growing areas north of Highway 231 and Highway 77. Contact Kevin Wattenbarger, CCIM, at [email protected] or (850) 913-9133 for more information.Wattenbarger Commercial | Five Bridges Real Estate presents a prime retail redevelopment opportunity at 2399 Highway 77 (Martin Luther King Jr. Blvd). This 0.70-acre parcel features 149 feet of Highway 77 frontage alongside off-site stormwater retention and a cross easement with neighboring retailers. With a daily traffic count of 29,000 vehicles and five lanes, including a center turn lane, the property sits in Panama City's dominant retail trade area, just one-tenth of a mile north of the major intersection of E 23rd St & Hwy 77. The site contains a 3,500 +/- SF former free-standing Burger King QSG w/drive-thru (Hurricane Michael damaged the building - buyer to verify usability if desired). Neighboring retailers include Target, Home Depot, Lowe's, Starbucks, Chick-fil-A, and Hobby Lobby. Conveniently located near the retail core and accessible to high-growth areas north of Highway 231 and Highway 77. For details, contact Kevin Wattenbarger, CCIM, at [email protected] or (850) 913-9133.

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Highlights

  • Hwy 77 Retail Redevelopment
  • Former Burger King QSR - Drive Thru
  • Zoning: GC-2 (Panama City)
  • Dominate Retail Trade Area 23rd St & Hwy 77
  • Full Access - Center Turn Lane | 150' of Frontage
  • Cross Easements & Off-Site Retention

Attachments

Getting around

  • 47/100

    Walk Score ®

  • 47/100

    Bike Score ®

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Location

  • City Panama City, FL
  • Neighborhood The Woods
  • Zip Code 32405
  • Market Pensacola

Points of Interest

  • Exxon

    0.71 miles

  • Exxon

    0.71 miles

  • Chevron

    0.77 miles

  • Chevron

    1.21 miles

  • Exxon

    1.36 miles

  • Beeline

    1.50 miles

  • Chevron

    2.00 miles

  • Chevron

    2.01 miles

  • Sam's Club

    2.21 miles

  • Marathon

    2.27 miles

  • Harvey De Mathis Park parking

    1.59 miles

  • Harvey De Mathis Park parking

    1.59 miles

  • Olive Garden

    0.03 miles

  • Denny's

    0.09 miles

  • Chick-fil-A

    0.21 miles

  • Panda Express

    0.21 miles

  • Cracker Barrel

    0.24 miles

  • Chicken Salad Chick

    0.27 miles

  • Chili's

    0.27 miles

  • O'Charley's

    0.29 miles

  • McDonald's

    0.32 miles

  • Panera Bread

    0.32 miles

  • Target

    0.11 miles

  • Ross

    0.15 miles

  • Kohl's

    0.23 miles

  • Dillard's

    0.30 miles

  • Burlington

    0.36 miles

  • Panama City Mall

    0.38 miles

  • JCPenney

    0.41 miles

  • Walmart

    1.10 miles

  • Publix

    1.13 miles

  • Publix

    2.15 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Kevin Wattenbarger

Five Bridges Real Estate Services

(850) 532-5454