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Historic Downtown Harrison Avenue Corner Drug Store Retail Location - Up to 12,700 SF For Lease

$15/sqft/yr

485 Harrison Avenue, P C Beach, FL 32401

Active
Last Updated: 08/04/2025

12,700 sqft

Building Size

0.19 acres

Lot Area

Details:
Building Size:    12,700 sqft
Lot Area:    0.19 acres
Class:    A
Year Built:    1930
Floors:    2
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.

Map:
2 Spaces Available

(No Title) Unknown Sub Type

Available:
Immediately
Sublease:
No
SQFT
12,700

485 Harrison Avenue , TBD, 1st Street Retail

Available:
Immediately
Sublease:
No
SQFT
2,500
Lease Rate:
$0/sqft/yr
Lease Type:
Gross

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
Excellent for retail showroom, food/beverage, or gallery use

3. Multi-Tenant Ground Floor Concept – ±2,500 to ±2,600 SF Suites
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

Location Description
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.

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

Documents:
Title
Bay-County-Tax-Collector-Real-Estate-19569-000-000-2024-Annual-bill (1).pdf
View
485 Harrison Ave - ARCH-02 - SECOND FLOOR PLAN (2).pdf
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Vintage 1950's Postcard - Harrison & 5th Street - looking south
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* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery