Commercial Space For Lease in Historic Downtown Foley

Retail-Commercial for Lease
Catylist Listing ID: 30861300
Property Subtypes: Day Care Facility, Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Contiguous Space: 1,371 SF
Gross Building Area: 1,371 SF
Gross Land Area: 3,126 SF
Lease Rate: $1,500 (Monthly)
$13.13 PSF (Annual)
Lease Types: NN
In Opportunity Zone? Yes
Last Updated: 11/17/2023

Overview / Comments

Commercial space for lease on S Alston St in historic downtown Foley. This property has a fenced backyard that could potentially serve as on-site parking off the rear alley. Public parking along S Alston St. Parking on the side is reserved for adjacent property owner. Close proximity to Stacey's Old Tyme Soda Fountain. In addition to rent, tenant will reimburse landlord for property tax and insurance. 2023 property tax is $362.34. Property will be available by December 1.

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Suite: 115 1,371 SF $1,500 (Monthly) NN
Space Available: 1,371 SF
Lease Rate: $1,500 (Monthly)
$13.13 PSF (Annual)
Lease Type: NN
Date Available: 12/1/2023
Lease Term: 36 Months
Space Type: Relet

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-54-09-29-4-401-025.000
Zoning: B-1
Property Located Between: Hwy 98 and S Alston St
Property Visibility: Excellent
Largest Nearby Street: Hwy 98
Traffic/Vehicle Count: 8,668
Highway Access: Hwy 59, 300 ft away (Traffic count: 34,769).
Area Description: Located in historic downtown Foley. High residential growth area.
Tenancy: Single Tenant
Property Condition: Good
Year Built: 1950
Construction/Siding: Brick
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: Zoned B-1. City of Foley.
Lot Frontage: 24.1 ft
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lot 9, Block 11 of the Magnolia Springs Land Company Addition to the Town of Foley, Alabama, According to the Map or Plat Thereof Recorded in Book 1, Pages 24-25, of the Baldwin County Probate Records.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,323 15,850 20,555
Median Age: 34.81 40.87 40.52
Households: 534 6,549 8,316


Photograph of Listing Agent

Garrett Foley

Foley and Company Gulf Coast CMLS Member
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