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SVN | SOUTHLAND COMMERCIAL | 3108 WEST 23RD STREET, PANAMA CITY, FL 32405 SALE BROCHURE
HISTORIC PANAMAGRAMMAR SCHOOLREDEVELOPMENT101 EAST 7TH STREETPANAMA CITY, FL 32401
Kevin Wattenbarger, CCIMMarket Director | Senior [email protected]
Amanda GodseyAssociate [email protected]
OFFERING SUMMARY
Sale Price: Subject To Offer
Lot Size: 2.58 Acres
Year Built: 1914
Building Size: 34,952 SF
Renovated: 1967
Zoning: Downtown (DTD/
Panama City)
Market: Panama City
Submarket: Downtown / Harrison
Avenue
Kevin Wattenbarger & Associates | SVN SouthLand Commerical Real Estate Advisors are honored to represent FirstPresbyterian Church of Panama City to present the redevelopment opportunity of the iconic landmark, Panama Grammarschoolhouse property. First Presbyterian Church of Panama City will be accepting purchase offers and developmentproposals until May 31, 2019. The historic property was dedicated in 1915 and housed grades one through twelve in BayCounty's first modern school building. It operated as a public school until its closure in June of 1965. First PresbyterianChurch purchased the property that same month and has been stewards of this community treasure since that time.Unfortunately, the historic school did sustain significant damage when Hurricane Michael made landfall near Panama Cityon October 10, 2018, as a major category four (4) hurricane.
PROPERTY OVERVIEW
PROPERTY HIGHLIGHTS
• Historical Panama Grammar School (a/k/a Presbyterian Educational Building) For Sale
• Located within a designated Qualified Opportunity Zone (Census Tract 20, Bay County, FL)
• Main Structure (School Building) : 24,004 +/- SF; Additional Structure (Social Hall) 10,948 +/- SF
• 2.58 +/- Acres - Excess Land for Additional Development
• Zoning: Downtown District (DTD)
• Call for Offers Date: May 31, 2019
Property Summary
PANAMA GRAMMAR SCHOOL REDEVELOPMENT | DESIGNATED QUALIFIED OPPORTUNITY ZONE | 101 EAST 7TH STREET PANAMA CITY, FL 32401 SVN | SouthLand Commercial | Page 2The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
PANAMA GRAMMAR SCHOOL REDEVELOPMENT | DESIGNATED QUALIFIED OPPORTUNITY ZONE | 101 EAST 7TH STREET PANAMA CITY, FL 32401 SVN | SouthLand Commercial | Page 3The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Additional Photos
PANAMA GRAMMAR SCHOOL REDEVELOPMENT | DESIGNATED QUALIFIED OPPORTUNITY ZONE | 101 EAST 7TH STREET PANAMA CITY, FL 32401 SVN | SouthLand Commercial | Page 4The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Location Maps
PANAMA GRAMMAR SCHOOL REDEVELOPMENT | DESIGNATED QUALIFIED OPPORTUNITY ZONE | 101 EAST 7TH STREET PANAMA CITY, FL 32401 SVN | SouthLand Commercial | Page 5The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Designated Qualified Opportunity Zone
PANAMA GRAMMAR SCHOOL REDEVELOPMENT | DESIGNATED QUALIFIED OPPORTUNITY ZONE | 101 EAST 7TH STREET PANAMA CITY, FL 32401 SVN | SouthLand Commercial | Page 6The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Flood Zone X
PANAMA GRAMMAR SCHOOL REDEVELOPMENT | DESIGNATED QUALIFIED OPPORTUNITY ZONE | 101 EAST 7TH STREET PANAMA CITY, FL 32401 SVN | SouthLand Commercial | Page 7The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
POPULATION 1 MILE 3 MILES 5 MILES
Total population 4,756 38,539 76,711
Median age 39.5 38.6 38.0
Median age (Male) 38.1 37.4 37.2
Median age (Female) 44.9 41.5 39.5
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
Total households 1,940 16,267 31,847
# of persons per HH 2.5 2.4 2.4
Average HH income $41,381 $50,126 $56,346
Average house value $176,522 $173,172 $184,013
* Demographic data derived from 2010 US Census
Demographics Map
3108 West 23rd StreetPanama City, FL 32405T 850.913.9133C [email protected] #BK3137983
PROFESSIONAL BACKGROUND
Kevin Wattenbarger, CCIM serves as the Market Director of the Panama City, FL office and is a Senior Advisor with of SVN | SouthLand Commercial. He is one of
northwest Florida's regions top producing commercial real estate advisors specializing in the sales and leasing of retail, office, industrial properties, and
commercial land in the regional market. He has extensive knowledge and transaction experience in the regional market. Wattenbarger is a licensed Florida real
estate broker.
Prior to his career in commercial real estate, Wattenbarger served as an infantryman in the United States Army. He is a veteran of multiple combat tours in
support of Operation Iraqi Freedom. While serving with the Army's 3rd Infantry and 1st Armored Divisions in Iraq, Wattenbarger was awarded the Combat
Infantryman's Badge (CIB), Army Commendation Medal (ARCOM), and multiple awards for meritorious service to the country.
Upon returning home from military service, Wattenbarger earned double Bachelor of Science degrees in Real Estate and Finance from Florida State University
(FSU). Wattenbarger holds the prestigious Certified Commercial Investment Member (CCIM #15083) designation, earning him recognition as an expert in site
selection, development, leasing, valuation, and investment analysis. He is a consistent top producer in the region and commonly ranks in the top 1% based on
total volume within the Central Panhandle Association of Realtors.
Wattenbarger is a member and/or serves in leadership positions with numerous government, industry, and non-profit boards. Wattenbarger is a member of the
CCIM Institute and was a 2007 recipient of the CCIM Designation Scholarship. He served as Co-Chair for the Florida CCIM Chapter. He is a member of the
National Association of Realtors, International Council of Shopping Centers (ICSC), and is past president of the Bay High School Foundation. Additionally,
Wattenbarger is an alumnus of Leadership Bay with the Bay County Chamber of Commerce. Kevin is married to his wife, Maggie and they are the proud parents
to their daughter, Avery (5), and son, Andrew (2).
EDUCATION
Bachelor of Science in Real Estate, Florida State University
Bachelor of Science in Finance, Florida State University
MEMBERSHIPS & AFFILIATIONS
Certified Commercial Investment Member (CCIM)
International Council of Shopping Centers (ICSC)
Institute of Real Estate Management (IREM)
Central Panhandle Association of Realtors (CPAR)
KEVIN WATTENBARGER, CCIM
Market Director | Senior Advisor
PANAMA GRAMMAR SCHOOL REDEVELOPMENT | DESIGNATED QUALIFIED OPPORTUNITY ZONE | 101 EAST 7TH STREET PANAMA CITY, FL 32401 SVN | SouthLand Commercial | Page 8The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Advisor Bio & Contact 1
3108 West 23rd StreetPanama City, FL 32405T 850.913.9133C [email protected] #SL3358596
PROFESSIONAL BACKGROUND
Amanda Godsey is an Associate Advisor for the Panama City office of SVN | SouthLand Commercial. She serves BayCounty and the surrounding areas in all of their commercial needs, especially office, retail, and land. Getting to know herclients and their specific needs is something she takes pride in doing with each listing, meeting, and phone call.
Amanda has had a long career in sales, marketing, technology, and corporate training. This experience helps her inworking with a wide variety of clients, from C-level executives to first-time business owners. She has degrees inEducation, Administration, and Aerospace from Tennessee Technological University and Middle Tennessee StateUniversity.
She joined SVN | SouthLand in early 2015.
EDUCATION
M.A.- Instructional Leadership- Tennessee Technological UniversityB.S. - Education- Tennessee Technological UniversityB.S. - Aerospace- Middle Tennessee State University
MEMBERSHIPS & AFFILIATIONS
Central Panhandle Association of Realtors
AMANDA GODSEY
Associate Advisor
PANAMA GRAMMAR SCHOOL REDEVELOPMENT | DESIGNATED QUALIFIED OPPORTUNITY ZONE | 101 EAST 7TH STREET PANAMA CITY, FL 32401 SVN | SouthLand Commercial | Page 9The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Advisor Bio & Contact 2
3108 West 23rd StreetPanama City, FL 32405
850.913.9133www.southlandcommercial.com
All SVN® Offices Independently Owned & Operated | 2019 All Right Reserved
