Historic Downtown Harrison Avenue Corner Drug Store Retail Location - Up to 12,700 SF For Lease
485 Harrison Avenue
Panama City, FL 32401
Highlights
- Iconic Downtown Corner: Prime visibility at Harrison Avenue & 5th Street
- Flexible Floorplans: Options for full-building, single-floor, or multi-tenant use
- Historic Character: Formerly the downtown corner drugstore with postcard-worthy prominence
- Large Storefront Windows: Expansive glass line ideal for display and branding
- Walkable Location: Surrounded by restaurants, government offices, and waterfront
Description
485 Harrison Avenue offers a rare opportunity to lease a prominent historic retail building in the heart of downtown Panama City. This two-story, ±12,700 SF building is situated on a high-visibility corner at Harrison Avenue and 5th Street, steps from government offices, banks, restaurants, and waterfront amenities. With vintage charm, expansive storefront windows, and flexible configurations, this former drugstore has long served as a landmark in the community.
Space Options Being Considered:
1. Full Building – ±12,700 SF (Two Floors)
Ideal for a flagship retail or mixed-use concept
Includes ±8,608 SF on the ground floor and ±4,098 SF upstairs
Prominent corner signage and dual street frontage
Access to both floors via internal staircase
2. Ground Floor Only – ±8,608 SF
High ceilings, open retail floorplate, and natural light
Move-in-ready zones with private offices, kitchen, and restrooms
Excellent for retail showroom, food/beverage, or gallery use
3. Multi-Tenant Ground Floor Concept – ±2,500 to ±6,000 SF Suites Options
Proposed three-suite / multi-tenant layout with units sizes ranging of approximately 2,500, 5,000 to 6,000 +/- SF combinations
Each space has direct exterior access and storefront exposure
Ideal for boutique shops, local service providers, or small food/beverage operators
*Pricing & timeline to be determined if multi-tenant options are pursued
Positioned at the corner of Harrison Avenue and 5th Street, this building benefits from excellent foot traffic, visibility, and proximity to key downtown attractions. Located just four blocks from the marina and within walking distance of downtown's revitalized shops and businesses, 485 Harrison Avenue anchors Historic Downtown Panama City's main street.
Documents
Bay-County-Tax-Collector-Real-Estate-19569-000-000-2024-Annual-bill (1).pdf485 Harrison Ave - ARCH-02 - SECOND FLOOR PLAN (2).pdf
Vintage 1950's Postcard - Harrison & 5th Street - looking south
Units for Lease
Price Per Sqft/Year: $15.00
