Versatile Commercial Property with Endless Possibilities

Office for Sale
Catylist Listing ID: 30860305
Property Subtypes: Executive Suites, Flex Space, Office Building
Building Size (RSF): 3,590 SF
Gross Building Area: See Agent
Sale Price: $575,000
Unit Price: $160.17 PSF
Ceiling: 8 ft.
In Opportunity Zone? Yes
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/6/2023

Overview / Comments

Prime Commercial Property with Endless Potential

This versatile commercial property is located at 18299 US Highway 98 in Foley, AL, offering exceptional visibility and accessibility. The property features a flexible layout that allows for easy adaptation to a variety of commercial needs, including office, retail, and service businesses.

The property is situated on a spacious 1-acre lot and includes two newly installed barns, providing ample space for storage, workshops, or expanded commercial operations. The property also benefits from a recent HVAC main system and ductwork replacement, a new on-demand electric water heater, and fresh attic insulation.

With its prime location, flexible layout, and recent updates, this property offers endless possibilities for businesses of all sizes. Whether you are seeking a new space to relocate your existing business or are looking to start a new venture, this property is a must-see.

Key Features and Benefits:

Prime commercial location on US Highway 98
Flexible layout allows for easy adaptation to a variety of commercial needs
Two newly installed barns provide ample space for storage, workshops, or expanded commercial operations
Recent HVAC main system and ductwork replacement, new on-demand electric water heater, and fresh attic insulation
Exceptional visibility and accessibility
Spacious 1-acre lot
Potential Uses:

Office
Retail
Service business
Storage
Workshop
Light manufacturing
And more!
Schedule a viewing today to explore the endless possibilities of this versatile commercial property!

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-54-09-30-0-000-007.000
Property Located Between: 65 & 59 on HWY 98
Property Visibility: Excellent
Highway Access: HWY 98 road frontage
Airports: Foley-5R4, Gulf Shores-JKA and Pensacola-PNS
Site Description: West 98 is a prime commercial property located in Foley, AL, offering exceptional visibility and accessibility. The property features a flexible layout that allows for easy adaptation to a variety of commercial needs, including office, retail, and service businesses. The property is situated on a spacious 1-acre lot and includes two newly installed barns, providing ample space for storage, workshops, or expanded commercial operations. The property also benefits from a recent HVAC main system and ductwork replacement, a new on-demand electric water heater, and fresh attic insulation. With its prime location, flexible layout, and recent updates, West 98 offers endless possibilities for businesses of all sizes. Whether you are seeking a new space to relocate your existing business or are looking to start a new venture, West 98 is a must-see.
Area Description: West 98 is located in Foley, AL, a thriving coastal community with a growing population and economy. The property is situated on a major thoroughfare, US Highway 98, providing excellent visibility and accessibility to customers and employees. Foley is home to a diverse range of businesses, including healthcare, retail, manufacturing, and hospitality. The city is also a popular tourist destination, with its proximity to the Gulf Coast beaches. West 98 is located in the heart of Foley's commercial district, surrounded by other successful businesses. This prime location offers businesses the opportunity to capitalize on the area's growing economy and customer base. In addition to its strategic location, West 98 also benefits from its proximity to a variety of amenities. The property is close to restaurants, hotels, shopping centers, and residential neighborhoods. This makes it a convenient location for both employees and customers. Overall, West 98 is an ideal location for businesses of all sizes looking to establish or grow their presence in the Foley area. The property's prime location, flexible layout, and recent updates offer businesses the opportunity to succeed in a thriving community. Here are some of the specific amenities that are located near West 98: Restaurants: McDonald's, Wendy's, Burger King, Subway, Pizza Hut, Domino's Pizza, Olive Garden, Applebee's, Chili's, and more Hotels: Hampton Inn & Suites Foley, Holiday Inn Express & Suites Foley, Comfort Suites Foley, and more Shopping centers: OWA Parks & Resort, Tanger Outlets Foley, and Coastal Alabama Farmers and Fishermen's Market Residential neighborhoods: Summerdale, Gulf Shores, and Orange Beach West 98 is also located close to major transportation routes, including Interstate 10 and Highway 59. This makes it easy for businesses to transport goods and services to and from the property.
Total Number of Buildings: 3
Number of Stories: 1
Typical SF / Floor: 3,590 SF
Year Built: 1955
Year Renovated: 2022
Roof Type: Hip
Construction/Siding: Brick
Exterior Description: Brick
Parking Type: Surface
Parking Description: Open
Total Parking Spaces: 20
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Evaporative Cooler
Internet Access: Cable
Interior Description: open
Zoning Description: View other drafts The West 98 commercial property is zoned C-2 General Commercial. This zoning designation allows for a wide variety of commercial uses, including: Retail stores Office buildings Restaurants Service businesses Light manufacturing Warehouses And more C-2 zoning is one of the most flexible commercial zoning designations, making it ideal for a variety of businesses. Here are some of the specific uses that are permitted in the C-2 zoning district in Foley, AL: Retail stores selling a variety of goods, including clothing, electronics, furniture, and groceries Office buildings for professional services, such as accounting, law, and medicine Restaurants of all types, from fast food to fine dining Service businesses, such as hair salons, dry cleaners, and car washes Light manufacturing, such as assembly and packaging Warehouses for storage and distribution of goods If you are considering using the West 98 commercial property for a specific use, it is important to check with the City of Foley to ensure that the use is permitted in the C-2 zoning district.
Lot Frontage: 150
Lot Depth: 290
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Easements Description: standard utilities
Land Ownership: deed
Legal Description: 150 X 290.4 Beg At Pt 43.6 N & 150 E Of Sw Cor Of Se1 4 Of Nw1 4 Sec 30 N Line Hwy 98 Run N 290.4 Th E 150 Th S 290.4 Th W 150 To Pob Sec 30-T7s-R4e (Wd Survivorship)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,297 15,584 26,482
Median Age: 36.18 39.8 40.72
Households: 901 6,252 10,708

Contact

Photograph of Listing Agent

Jeremy Sullivan

Re/Max Paradise
Gulf Coast CMLS Member
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