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Historic Theater with Apartment Suite
For Sale
$1,250,000

21 Ave E, Apalachicola, FL 32320

Restored 1912 theater with upstairs apartment in historic downtown.

Property SizeContact for details
Lot Size0.10 Acres
Days on Market628

Property Features for 21 Ave E

General Information

Standard status Active
Lot size 0.10 Acres
Listing Agency: Shaun S. Donahoe
Listed By: Shaun Donahoe · License #186180
Source: Exprealty
Added: Dec 3, 2024 Changed: Aug 20 Last Checked: Aug 23 at 3:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Shaun S. Donahoe

Investment Insights

Based on property information with market context.

This historic building, originally opened in 1912 and renovated in 1998, is a crown jewel of the ongoing restoration of historic downtown Apalachicola. The current seating arrangement accommodates 72 patrons at tables in the orchestra section, 62 in the mezzanine, and 50 in the balcony, offering superior acoustics. The building also includes a 900 square foot apartment, known as the "Rexford Suite," featuring 2 bedrooms and 2 bathrooms with a separate entrance. This suite is available for short-term rental. The price covers the real estate only; the theater business is negotiable separately.

Key Highlights

  • Historic downtown Apalachicola building, opened in 1912, with ongoing restoration.
  • Includes a 900 sq ft 2br/2ba upstairs apartment ("Rexford Suite") with separate entrance and Airbnb/VRBO income potential.
  • Theatre with seating for 184 (orchestra, mezzanine, and balcony).

Property Analytics

Current Use

Dixie Theatre Theater & Performing Art Venue

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Auto Parts Store Electrical Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

219
Businesses Nearby

Demographics for 32320, FL

3,726
Population
2,104
Households
1.8
Avg Household Size
49
Median Age
25%
College-Educated
83%
High-School Grad
32.0 sq mi
ZIP Area
116
Density / Sq Mi
$51,750
Median Household Income
$28,547
Median Earnings
$1,137
Median Rent
$239,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Theater & concert hall - Restored 1912 theater with upstairs apartment in historic downtown.
Where is this theater & concert hall located?
The property is located at 21 Ave E Apalachicola, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Historic downtown Apalachicola building, opened in 1912, with ongoing restoration.; Includes a 900 sq ft 2br/2ba upstairs apartment ("Rexford Suite") with separate entrance and Airbnb/VRBO income potential.; Theatre with seating for 184 (orchestra, mezzanine, and balcony).
More about this property
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