51 Ave C

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51 Ave C

Apalachicola, FL 32320
Asking Price
Contact for price
Asset Type
Retail
Class
Class B

What's Special

51 Avenue C is located in the historic downtown district of Apalachicola, Florida. The surrounding neighborhood is characterized by a mix of restored 19th-century architecture, local boutiques, and established galleries. Situated just two blocks from the Scipio Creek waterfront, the property is within walking distance of the municipal pier, several regional seafood restaurants, and local inns. It is accessible via U.S. Highway 98, the primary coastal artery connecting the region, with public street parking available nearby. The building’s central position is suitable for boutique retail, specialty showrooms, or curated gift shops targeting the area’s year-round tourism and local craft markets. Ideal tenants include regional artisans, upscale coastal outfitters, or small-scale general merchants. Given the pedestrian-heavy nature of Avenue C, the site favors businesses that benefit from high foot traffic and a community-focused commercial atmosphere.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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