Town Centre Offices at Fifth & Grace

101 W 5th Street, Panama City, FL 32401

Property Information

  • For Lease $25.00/SF/YR
  • Property Type Office - General Office
  • Property Size 19,500 SF
  • Lot Size 0.52 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Renovated 2020
  • Date Updated Jun 24, 2026

Description

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.One Suite - 460 Grace Avenue | 1,522 SF 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. 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.

Highlights

  • 460 Grace Ave (1,522 SF)
  • Central Downtown Panama City - between City Hall and Downtown Post Office
  • Great Professional Neighbors
  • Multi-Tenant Office Complex
  • On-street Parking & Large Public Parking Lots on the north & east sides
  • Professional Office Setting

1 Space Available

460 Grace Avenue

Space Type

General Office

Lease Rate

$25.00/SF/YR

Total Space

1,522 SF

Divisible Space

1,522 - 1,522 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

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. NNN $5.09

Contacts

Location

Located at 101 W 5th Street, Panama City, FL 32401, this property is part of the Downtown Panama City neighborhood and Pensacola market.

  • 71/100 Very Walkable
  • 22/100 Minimal Transit
  • 53/100 Bikeable
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