Riviera Utilities/Previous GulfTel Building

Office for Sale
Catylist Listing ID: 30182028
Property Subtypes: Office Building
Building Size (RSF): 38,349 SF
Gross Building Area: See Agent
Sale Price: $3,000,000
Unit Price: $78.23 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/10/2020

Overview / Comments

38,349 SF Class A office building in Foley situated on approximately 5.6 acres of land. This magnificent building is on two floors with ample parking and nicely landscaped on the North side of Foley. Once the GulfTel Corporate Headquarters, this office building as been well maintained with throughout.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-54-04-17-4-000-002.012
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 2
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,342 9,392 24,860
Median Age: 47.64 41.22 40.51
Households: 1,852 3,860 9,980


Photograph of Listing Agent

F. A. "Skip" Davis

Coastal Real Estate & Development Gulf Coast CMLS Member
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