• Resources
    • Learning Center
    • Blog
Add a Listing Advertise
  • Property Lists
  • Listings
    • Commercial Real Estate
  • Comparables
  • Owners
  • Maps
  1. Retail Space
  2. FL
  3. Panama City
  • Details
  • Spaces Available
  • Contacts
  • Location
  • POI
For Lease

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

485 Harrison Avenue, Panama City, FL 32401

15,200

SF Available
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 Operating expenses: $2.91 sq ft

Key features

  • 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

Rental Details

  • Number of spaces 2
  • Total square feet available 15,200 SF
  • For Lease Contact for pricing
  • Space Types Retail, Street Retail
  • Lease Type NNN
  • Date Updated May 26, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

True

For Lease 2 Spaces Available

  • Space Type Retail
  • Lease Rate $15.00/SF/YR
  • Total Space Available 12,700 SF
  • Divisible Space 12,700 - 12,700 SF
  • Available Date Immediate
  • Lease Type NNN
  • Renewal Option Yes
  • Sublease No
broker
Kevin Wattenbarger

Five Bridges Real Estate Services

TBD

  • Space Type Street Retail
  • Lease Rate Contact for pricing
  • Total Space Available 2,500 SF
  • Floor 1st
  • Divisible Space 2,500 - 8,600 SF
  • Available Date Immediate
  • Lease Type NNN
  • Renewal Option Yes
  • Sublease No
broker
Kevin Wattenbarger

Five Bridges Real Estate Services

Contacts

broker
Kevin Wattenbarger

Five Bridges Real Estate Services

Building Details

  • 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 May 26, 2026

Attachments

  • Property Brochure 1 ()opens in new window
  • Property Brochure 2 ()opens in new window
  • Property Brochure 3 ()opens in new window

Getting Around

  • Walk Score ®

    Very Walkable (72)
  • Bike Score ®

    Bikeable (54)
Powered by Walk Score ®

Location

  • City Panama City, FL
  • Neighborhood Downtown Panama City
  • Zip Code 32401
  • Market Pensacola
  • Map
  • Street

Points of Interest

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

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

485 Harrison Avenue Listing Summary

  • The Price for Retail Space at 485 Harrison Avenue

    The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. For details on asking rent or information on other costs, use the contact form available on this page to reach out to the property representative.

    485 Harrison Avenue is located in the Downtown Panama City neighborhood, which is home to a total of 2 retail listing(s). In the case of most businesses that need retail space, access to potential customers is critical. This can come in the form of retail space situated in high-traffic pedestrian areas, or convenient suburban locations with good public transport or plenty of parking. Reach out to the listing broker for information on best parking and other access options at or near the property.

    Recent renovations also contribute to the attractiveness of a retail property, which, in turn, influences rent. 485 Harrison Avenue was last renovated in 2019.

  • Retail Space Options Available at 485 Harrison Avenue

    485 Harrison Avenue has a total of 15,200 square feet of retail space for rent. Lease types available at the property include NNN lease terms. However, it should be noted that retail spaces come in different shapes and sizes, with different types of spaces serving the needs of different businesses. Out of the total retail space at this address, 12,700 square feet are Retail.

    485 Harrison Avenue also has 1 Street Retail space(s), which represents a total of 2,500 square feet.

    In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. You will find 1 retail space(s) ranging from 1,000 square feet to 10,000 square feet at 485 Harrison Avenue, which can serve small or medium retail businesses that are planning to accommodate growth throughout the duration of their lease at this address. The property includes 1 large retail space(s) of more than 10,000 square feet, which is typically a good choice for businesses that need lots of showroom space or the flexibility to set up specialized operations. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.

  • Get to Know the Retail Scene in the Downtown Panama City Neighborhood

    485 Harrison Avenue is located in the Downtown Panama City neighborhood of Panama City. The Downtown Panama City retail market offers 2 retail listing(s), representing a total of 15,200 square feet of retail space for lease.

    The most common retail type in the Downtown Panama City neighborhood is Street Retail, of which the market currently offers 1 space(s).

    When looking for retail space for your company, picking the right area is essential. Some neighborhoods have a long history of being top shopping destinations in general, while others gain a reputation for strongly representing a specific type of business. In addition to knowing the reputation of your chosen business location neighborhood, it’s also important to know your customer base. For instance, the average Downtown Panama City resident is 40 years old, and the median household income here is $62,948 per year.

Contact Listing Broker
broker
Kevin Wattenbarger

Five Bridges Real Estate Services

  1. 1Main information
  2. 2Extra information
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Nearby Listings

Retail Storefront for Lease in Downtown Panama City | 550 Harrison Avenue

Retail Storefront for Lease in Downtown Panama City | 550 Harrison Avenue

550 Harrison Avenue, Panama City, FL
$21.00/SF/YR
Property
  • Retail
  • 2,000 SF
Availability
  • 1 Space
  • 2,000 SF
Outparcels Coming Soon

Outparcels Coming Soon

733 U.S. 231, Panama City, FL
Contact for pricing
Property
  • Retail
Availability
  • 1 Space
Panama City Square

Panama City Square

513 West 23rd Street, Panama City, FL
Contact for pricing
Property
  • Retail
  • 298,665 SF
Availability
  • 3 Spaces
  • 37,006 SF
23rd Street Station

23rd Street Station

620 West 23rd Street, Panama City, FL
Contact for pricing
Property
  • Retail
  • 98,827 SF
Availability
  • 1 Space
  • 1,277 SF
Stanford Station Shopping Center

Stanford Station Shopping Center

742 West 23rd Street, Panama City, FL
Contact for pricing
Property
  • Retail
  • 97,639 SF
Availability
  • 1 Space
  • 1,400 SF

Popular Searches

  • Tallahassee Retail Space for Lease
  • Pensacola Retail Space for Lease
  • Panama City Beach Retail Space for Lease
  • Tallahassee Commercial Real Estate
  • Pensacola Commercial Real Estate
  • Panama City Commercial Real Estate
  • Panama City Beach Commercial Real Estate
  • Callaway Commercial Real Estate
  • Chipley Commercial Real Estate
  • Tallahassee Office Space for Rent
  • Pensacola Office Space for Rent
  • Panama City Office Space for Rent
  • Panama City Beach Office Space for Rent
Copyright 2003-2026, PropertyShark.com
Contact Us  |  About  |  Privacy Policy  |  Terms Of Service  |  Sitemaps