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Town Centre Office Park @ 5th & Grace - 460 Grace Ave (1,522 SF) COMING SOON!

$10.51 to $26.50/sqft/yr

101 W 5th Street, Panama City, FL 32401

Active
Last Updated: 07/26/2025

19,500 sqft

Building Size

0.517 acres

Lot Area

Details:
Building Size:    19,500 sqft
Lot Area:    0.517 acres
Class:    B
Year Built:    1942
Description:

One Suite - 460 Grace Avenue | 1,522 SF - COMING SOON

Welcome to Town Centre Offices, located at 5th & Grace in the heart of historic downtown Panama City. Situated between City Hall and the Downtown Post Office, this multi-tenant office complex offers convenience, character, and modern amenities.

This large office in the Town Centre complex has recently been updated with new flooring, contemporary neutral colors, and oversized trim - seamlessly blending classic and modern aesthetics. The office features exposed brick walls - adding character and warmth to the workspace. There are 15 +/- private offices of various sizes.

Town Centre's tenants include Raymond James, iHeart Media, Edward Jones, Florida Architects, CrossCountry Mortgage, BCC Engineering, Early Education, Salty Marlin Real Estate, and Palm Pilates, fostering a dynamic and professional environment.

The office is ideally located - at the center of the revitalizing historic downtown, offering proximity to businesses, restaurants, and cultural attractions. Enjoy waterfront views, live music, museums, and galleries in the heart of Panama City's burgeoning cultural scene. Don’t miss this opportunity to establish your office in Panama City’s most distinguished and well-located office complex.

Town Centre is located in the heart of historic downtown Panama City, FL, at the corner of 5th Street and Grace Avenue. Situated between City Hall and the downtown Post Office, it offers a prime location surrounded by thriving businesses, popular local dining, and top cultural attractions. This central spot provides excellent visibility and accessibility in a vibrant, rapidly developing district.

Map:
3 Spaces Available

109 W 5th Street Building

Available:
Immediately
Sublease:
No
SQFT
4,500
Lease Type:
Gross

Town Centre Suite 109 - 4,500 SF: counter reception area, lobby, two conference rooms, 15 individual offices +, two restrooms, kitchen break area, rear exit (to the alley). Floor plan and 3d virtual tour provided. 2024 Estimated Op/Ex $5.34/SF.

470 Grace Avenue Building

Available:
Immediately
Sublease:
No
SQFT
1,200
Lease Type:
Gross

460 Grace Avenue Building

Available:
09/01/2025
Sublease:
No
SQFT
1,522
Lease Type:
Gross

460 Grace Avenue | Downtown Panama City Office Suite

Positioned in the heart of historic Downtown Panama City, this efficient ±1,522 SF office suite is part of the well-regarded Town Centre professional office complex. Thoughtfully laid out for productivity and privacy, the suite features a welcoming reception area, six private offices, a dedicated meeting room, breakroom/kitchen, and a private restroom. Ideal for professional service firms, government contractors, or growing businesses looking to establish a Downtown presence.

Surrounded by well-known neighbors including iHeart Media, Raymond James, Edward Jones, and Cross Country Mortgage, this location offers convenience, walkability, and proximity to government buildings, local eateries, and waterfront opportunities.

Documents:
Title
Town Centre Site Plan Updated
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Brochure (L)
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470 Grace Ave- Town Centre (2).pdf
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Floor Plan -109 Town Centre (1).pdf
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470 Grace Ave- Town Centre (1).png
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Floor Plan -109 Town Centre.png
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460 Grace Ave Base Floor Plan.pdf
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Location
Gallery