Building for Sale in Downtown Foley
Office
for Lease
| Catylist Listing ID: |
30822427 |
| Property Subtypes: |
Governmental, Institutional, Medical, Flex Space, Office Building, Research & Development
|
| Contiguous Space: |
2,500 - 10,540 SF |
| Building Size (RSF): |
13,857 SF |
| Gross Land Area: |
0.97 Acres
|
| Lease Rate: |
$14.50 PSF (Annual)
|
| Base Monthly Rent: |
$12,735 |
| Lease Types: |
NNN |
| In Opportunity Zone? |
Yes |
| Building Name: |
Former Fortis College |
| Class of Space: |
Class B |
| Usable Size (USF): |
13,857 SF |
| Last Updated: |
9/11/2023 |
Overview / Comments
|
Investment or future redevelopment opportunity in Foley! Large building located only blocks from Highway 59 at Highway 98, and in the Opportunity Zone. The building was fully renovated in 2012 for Fortis College. Property boasts ample parking for just about any use, and includes a ±1,400 SF cottage that could be renovated for future use. Building has multiple entrances and could easily be divided for several tenants or users.
|
| Space Available: |
10,540 SF |
| Minimum Divisible: |
2,500 SF |
| Lease Rate: |
$14.50 PSF (Annual)
$12,735 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Investment or future redevelopment opportunity in Foley! Large building located only blocks from Highway 59 at Highway 98, and in the Opportunity Zone. The building was fully renovated in 2012 for Fortis College. Property boasts ample parking for just about any use, and includes a ±1,400 SF cottage that could be renovated for future use. Building has multiple entrances and could easily be divided for several tenants or users. Building is available for sale or lease. |
| Space Subcategory: |
Office Building, Institutional |
| Date Available: |
10/1/2022 |
| Lease Term: |
60 Months |
| Space Type: |
Sublet |
| Kitchen |
Yes |
Additional Details
| Nearest MSA: |
Daphne-Fairhope-Foley |
| County: |
Baldwin |
| Taxing Authority: |
Baldwin County |
| Tax ID/APN: |
05-54-08-28-3-000-011.000 |
| Zoning: |
MIXED |
| Property Located Between: |
Hwy 59 & Juniper |
| Property Visibility: |
Excellent |
| Highway Access: |
Located directly on Highway 98, just East of Highway 59 |
| Total Number of Buildings: |
2 |
| Number of Stories: |
1 |
| Year Renovated: |
2012 |
| Parking Type: |
Surface |
| Parking Description: |
Owner has exclusive rights to the on-street parking lots. |
| Zoning Description: |
Zoned B1-A & M-1, and located in the Opportunity Zone. |
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 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
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|
