Downtown Foley Retail and Warehouse

Retail-Commercial for Sale
Catylist Listing ID: 30184788
Property Subtypes: Mixed Use, Restaurant, Street Retail
Building Size (RSF): 12,000 SF
Gross Land Area: 9,736 SF
Sale Price: $550,000
Unit Price: $45.83 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 12,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/10/2018

Overview / Comments

Retail and Warehouse building available for sale in Downtown Foley. The building has 2 retail spaces, 1 on US Hwy 98 and 1 on N Alston Street. Each retail space is approximately 1500 SF and both have great window openings to the street.

Warehouse space is heated and cooled with one roll up door. There are 3 split level floors. Many different uses possible. Total Floor Space is 9000 SF.

The building has recently had the roof replaced and is in great condition.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 12747
Retail Clientele: Family, Business, Tourist
Property Visibility: Excellent
Largest Nearby Street: Highway 59
Traffic/Vehicle Count: 10,000
Highway Access: Highway 59 is Less then a block East of the Building.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Good
Year Built: 1924
Roof Type: Flat
Construction/Siding: Block
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 37.5' X 125' IRR FOLEY BLK 10 S1/2 LOT 7 & ALL LOT 8 & E75' OF LOTS 9-12 SEC 29-T7S-R4E

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

Grant Reaves

Bellator Commercial Gulf Coast CMLS Member
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