Investment Overview
The Hub at 1000-1012 Beck Avenue represents a rare opportunity for an owner to take full control of the asset’s direction, tenancy, and long-term value creation.
A fully restored boutique mixed-use asset in the heart of Historic St. Andrews, one of Panama City’s most walkable, character-driven waterfront corridors. Positioned directly on Beck Avenue steps from St. Andrews Marina, this landmark property offers immediate income, strong in-place tenancy, and meaningful upside for a new owner ready to unlock its full potential.
Meticulously renovated in 2020/2021 to a premium standard, the property seamlessly blends historic character with modern functionality. The current tenant mix is curated and experiential by The Grocery Kitchen & Taproom, a local restaurant and craft taproom driving consistent foot traffic, alongside Traton Homes Showroom and Baytowne Bridal Suite, creating a complementary blend of food, retail, and specialty service.
Income Today. Upside Tomorrow.
In-place tenancy delivers immediate cash flow, while near-term lease rollover gives a new owner rare leverage — the ability to restructure leases, mark rents to market, and implement a more efficient NNN framework. With available suites in high demand and a fully built-out Portico Bar and Courtyard Patio ready to activate, the path to significantly increased NOI is clear and exciting. A rare Landmark Waterfront view Asset
Investment Highlights
- 7,618 SF building with 2,078 SF Courtyard Patio and 718 SF Outdoor Bar
- 5 units
- Built in 1907
- Renovated in 2021
- Prime Panama City location in Saint Andrews
- 100% occupancy