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Highway Frontage Retail Building
New
For Sale
$775,000

240 HWY 98, Eastpoint, FL 32328

COMMERCIAL - East Point, FL

Property Size2,928 SF
Lot Size0.25 Acres
Price / SF$264.69
Days on Market1

Property Features for 240 HWY 98

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Franklin
Standard status Active
Lot size 0.25 Acres
Listing Agency: The Guardian Real Estate Group
Listed By: Ahmed Ismail · License #3401106
Added: Aug 4 Last Checked: Aug 4 at 3:06PM
MLS# 403262

Copyright © 2026 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering includes two contiguous commercial parcels at 238 and 240 Highway 98 in Eastpoint, Florida, with approximately 2,928 SF of improvements. An operating retail building occupies the property, and the parcels may be acquired together or separately. On-site parking supports the existing commercial use.

The property fronts Highway 98 and also has exposure along Island Drive, providing access from two roads. The site contains 0.25 acres and is located minutes from St. George Island and Apalachicola. Existing improvements, highway exposure, and the two-parcel configuration provide a practical base for continued retail use or future redevelopment.

Key Highlights

  • Approximately 2,928 SF of improvements
  • Two contiguous commercial parcels at 238 and 240 Highway 98
  • Highway 98 frontage with additional Island Drive exposure

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Restaurant Real Estate Agency Bed & Breakfast Hotel & Motel

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby
Well-served
Demand for This Use

Demographics for 32328, FL

3,721
Population
3,029
Households
1.2
Avg Household Size
51
Median Age
34%
College-Educated
91%
High-School Grad
85.8 sq mi
ZIP Area
43
Density / Sq Mi
$67,833
Median Household Income
$34,103
Median Earnings
$850
Median Rent
$341,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Operating retail building with Highway 98 frontage, Island Drive exposure, and on-site parking.
Where is this storefront property located?
The property is located at 240 HWY 98 Eastpoint, FL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Approximately 2,928 SF of improvements; Two contiguous commercial parcels at 238 and 240 Highway 98; Highway 98 frontage with additional Island Drive exposure
More about this property
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