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

485 Harrison Avenue, Panama City, FL 32401

  • For Lease Contact for pricing
  • Property Type Retail - Street Retail
  • Property Size 12,700 SF
  • Lot Size 0.19 Acre
  • Property Tenancy Single Tenant
  • Year Built 1930
  • Year Renovated 2019
  • Date Updated Aug 4, 2025
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.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
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Highlights

  • Flexible Floorplans: Options for full-building, single-floor, or multi-tenant use
  • Historic Character: Formerly the downtown corner drugstore with postcard-worthy prominence
  • Iconic Downtown Corner: Prime visibility at Harrison Avenue & 5th Street
  • Large Storefront Windows: Expansive glass line ideal for display and branding
  • Walkable Location: Surrounded by restaurants, government offices, and waterfront

Spaces Available

Contacts

broker

Five Bridges Real Estate Services

Location

Getting Around

  • Walk Score ®

    72/100 Very Walkable
  • Bike Score ®

    54/100 Bikeable
Powered by Walk Score ®
  • City Panama City, FL
  • Neighborhood Downtown Panama City
  • Zip Code 32401
  • Market Pensacola

Points of Interest

  • Chevron

    0.90 miles

  • AMI Gas

    1.44 miles

  • Marathon

    2.23 miles

  • Exxon

    2.29 miles

  • Murphy USA

    2.30 miles

  • Beeline

    2.50 miles

  • Circle K

    2.52 miles

  • Harvey De Mathis Park parking

    3.54 miles

  • The Place Downtown

    0.08 miles

  • Tom's Hot Dogs

    0.10 miles

  • McDonald's

    0.31 miles

  • Bayou Joe's

    0.32 miles

  • Waffle Shoppe

    0.45 miles

  • Big Mama's Country Cooking

    0.47 miles

  • Subway

    0.64 miles

  • Dan D's Donuts

    0.88 miles

  • Slice House

    1.03 miles

  • Tally-Ho Drive In

    1.24 miles

  • Piggly Wiggly

    1.95 miles

  • Asian Oriental International Market

    1.96 miles

  • Burlington

    2.15 miles

  • Walmart Supercenter

    2.16 miles

  • TJ Maxx

    2.20 miles

  • Big Lots

    2.22 miles

  • Panama City Mall

    2.23 miles

  • Dillard's

    2.29 miles

  • JCPenney

    2.30 miles

  • Bealls

    2.41 miles

Frequently Asked Questions

How much does retail space at 485 Harrison Avenue cost?

The price for retail space for lease at 485 Harrison Avenue is available upon request. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 485 Harrison Avenue?

The property has 15,200 square feet of rentable Retail space. Rental opportunities here are available under NNN lease terms.

The building accommodates a Single Tenant lease setup. Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 485 Harrison Avenue?

Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 485 Harrison Avenue.

Are there any potentially competing retail businesses in the area?

Yes, there are 5 spaces zoned for retail use within a 0.5-mile radius of 485 Harrison Avenue.

Is 485 Harrison Avenue located in a popular area for retail businesses?

The property is part of Downtown Panama City, which is home to 1 other retail listings.

Other popular areas for retail businesses in Pensacola include The Woods, Monroeville, Downtown Panama City.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker

Five Bridges Real Estate Services

  1. 1Main information
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