Most Desirable Property in Foley - Next to OWA FOR SALE OR LEASE

Retail-Commercial for Sale
Catylist Listing ID: 30384482
Property Subtypes: Mixed Use, Street Retail
Building Size (RSF): 7,922 SF
Gross Building Area: See Agent
Sale Price: $2,450,000
Unit Price: $309.27 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Building Name: GiGi's
Usable Size (USF): 7,800 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/11/2019

Overview / Comments

This property is a great investment opportunity adjacent to OWA. Approximately three acres of land surround an existing brick/metal commercial building. Building is approximately 7,800 square ft and, with an open floor plan, could easily be built-out to fit needs of new commercial business. Property is located on County Road 20 and easily accessible from Highway 59 and the Beach Express. This property has immense potential and possibilities!
Brad Chambers

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County, Foley AL
Tax ID/APN: PPIN 090790
Property Located Between: Wolf Bay Lodge and Owa, on County Road 20, to the west of Beach Express
Property Visibility: Excellent
Largest Nearby Street: Beach Express
Highway Access: Hwy access on County Road 20.
Property Condition: Excellent
Lot Frontage: 129
Lot Depth: 800
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 129' X 800'(S) BEG AT THE SE OF SEC 4 TH N 40'(S), TH W 540' , TH N 20' TO THE POB CONT TH W 129', TH N 800'(S), TH E 129 ', TH S 800'(S) TO THE POB SEC 4-T8S-R4E (WD)

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 15,110 30,182
Median Age: 38.65 39.89
Households: 6,211 12,529
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