Amazing Business Opportunity in the Heart of Foley!
Retail-Commercial
for Sale
| Catylist Listing ID: |
30843085 |
| Property Subtypes: |
Car Wash, Other
|
| Building Size (RSF): |
1,000 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$700,000 |
| Unit Price: |
$700 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Business |
| Usable Size (USF): |
1,000 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/2/2024 |
Overview / Comments
|
Check out this spectacular passive income-producing opportunity in prime location in Foley w/ B-1 zoning! Offering consists of 2 parcels (PPIN's 93253 & 105804) w/ 170' on Hwy 59 just south of Section Street. Fully operating car wash with NEW paint job (Feb 2024), four total washing bays, & vacuum stations that also can accommodate boats/RV's (1 bay). Cash/Credit/Debit accepted. Property also includes partially fenced vacant parcel directly behind the car wash that would be perfect for storage or an additional income opportunity. Contact Nick Corcoran at 251-968-1000 for more information!
|
Additional Details
| Nearest MSA: |
Daphne-Fairhope-Foley |
| County: |
Baldwin |
| Taxing Authority: |
Baldwin County |
| Tax ID/APN: |
05-54-09-29-1-000-003.002 |
| Retail Clientele: |
General, Business |
| Largest Nearby Street: |
Hwy 59 a/k/a McKenzie St. |
| Feet of Frontage: |
170 |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Good |
| Construction/Siding: |
Brick |
| Parking Type: |
Surface |
| Zoning Description: |
Zoned B-1; |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Utilities |
| Legal Description: |
1.) 170'(S) X 105'(S) Irr Lots 7, 8 & 9 Blk 58 & The S 20' Of Va Cated Begonia Ave Abutting Sd Lot 4 Magnolia Springs Land Co Addn To Foley Mb1 Pg29 Sec 29-T7s-R4e (Wd)
2.) 70' X 150' Irr Lot 2 Alex's Replat A Replat Of Lots 1, 2 And 3, Block 63 And Lot 1 Block 58 And A Portion Of The Vacated Begonia Avenue In Magnolia Springs Land Company's Addition To Foley Slide 2735-B, Slide 15-A Sec 29-T7s-R4e (Corr Wd) I N#1861266 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,319 |
15,850 |
22,593 |
| Median Age: |
42.62 |
40.87 |
40.71 |
| Households: |
1,364 |
6,549 |
9,131 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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