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Waterfront Manufacturing Facility
New
For Sale
$1,450,000

516 Hwy 98 W, Apalachicola, FL 32320

Purpose-built facility with heated production space, marine access, and an upstairs apartment.

Property Size5,915 SF
Lot Size0.75 Acres
Price / SF$245.14
Days on Market2

Property Features for 516 Hwy 98 W

General Information

Standard status Active
Size 5,915 SF
Lot size 0.75 Acres
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Building Details

Year Built 2019
Buildings 1
Building Size 5,915 SF
Construction metal
Listing Agency: Berkshire Hathaway HomeServices - SGI
Listed By: Shelley Shepard · License #344_2
Source: Rishrealestategroup
Added: Sep 12 Last Checked: Sep 12 at 2:44PM

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 Berkshire Hathaway HomeServices - SGI

Investment Insights

Based on property information with market context.

Built in 2019, this manufacturing facility occupies approximately 5,915 square feet under roof, including approximately 3,855 square feet of heated space. The elevated metal building includes open production and storage areas, covered work space, multiple roll-up doors, concrete work surfaces, and an upstairs apartment. Existing tanks, piping, and filtration infrastructure remain from the property's original oyster spat production use. A screened upper-level area overlooks the channel, while the space below the elevated structure provides additional covered area.

The property sits on a .75-acre site at 516 Hwy 98 W in Apalachicola, with frontage on Highway 98 and direct access to Two Mile Channel. Its commercial dock extends into the channel, supporting operations that require waterfront access. The configuration includes infrastructure suited to aquaculture, seafood production, marine contracting, research, and other water-dependent manufacturing uses.

Key Highlights

  • 5,915 square feet under roof, including approximately 3,855 square feet of heated space
  • Built in 2019 on a .75‑acre site
  • Commercial dock extending into Two Mile Channel

Property Analytics

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Current Use

Manufacturing properties

Suggested Use

Top Pick Building Supply Auto Repair Shop Restaurant Electrical Service Furniture & Home Goods Computer & Electronic Repair

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

71
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Purpose-built facility with heated production space, marine access, and an upstairs apartment.
Where is this manufacturing property located?
The property is located at 516 Hwy 98 W Apalachicola, FL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 5,915 square feet under roof, including approximately 3,855 square feet of heated space; Built in 2019 on a .75‑acre site; Commercial dock extending into Two Mile Channel
More about this property
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