Hwy 59 - Location! Location! Location!

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30729429
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail, Vehicle Related
Status: Pending/Contingent
Building Size (RSF): 4,050 SF
Gross Building Area: 29,997 SF
Gross Land Area: 0.69 Acres
Sale Price: $495,000
Unit Price: $122.22 PSF
Ceiling: 18 ft.
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/11/2021

Overview / Comments

LOCATION! LOCATION! LOCATION! Brand New Freestanding Commercial Building with 100' of frontage on Highway 59 in high traffic area of North Foley. Located on Hwy 59 at the intersection of Foley Beach Express with a service road making it easy to enter/exit Hwy 59. This building includes 2 separate retail spaces (total 1,550 SF) and warehouse space (2,500 SF) with two (2) 16' overhead doors for easy loading and unloading. Idea for retail or offices needing warehouse space. Need space for retail, offices, auto related, heavy equipment, plumbing or electrical businesses...with high visibility - this is it!

Building has 2 separate HVAC systems, 2 water heaters, 2 restrooms for office/retail areas. 10 year warranty on building. Zone X, no flood insurance required. Property is 305' deep and goes to back fence.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County AL
Tax ID/APN: 05-54-03-08-0-000-023.091
Retail Clientele: General, Business
Property Located Between: Foley Beach Express on Hwy 59
Property Visibility: Excellent
Largest Nearby Street: St Hwy 59 & Pitkin Dr
Feet of Frontage: 100
Highway Access: St Hwy 59
Airports: Mobile, Pensacola, Jack Edwards, Foley
Site Description: 100' X 305', Zone X, flat, well drained w/retention pond
Area Description: Retail stores and restaurant located on service road
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,050 SF
Property Condition: Excellent
Year Built: 2021
Roof Type: Gable
Construction/Siding: Metal Siding, Steel Frame, Stone, Stucco
Exterior Description: Exterior front is stucco and stone with steel framing and metal siding
Total Parking Spaces: 10
Parking Type: Surface
Parking Description: Ten (10) front parking spaces. Area behind building and on the north side can be utilized for parking if needed.
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: Retail/office space completed with painted sheetrock, built-in cabinets,
Zoning Description: Commercial
Lot Frontage: 100'
Lot Depth: 305'
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Owned
Legal Description: 100' X 305.5' IRR LOT 4 SEACOLE SUB SLIDE 2294-D SEC 8-T7S-R 4E (WD) IN#1750580

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,316 22,642
Median Age: 45.88 39.38
Households: 2,219 9,023


Photograph of Listing Agent

Barbara McDaniel

Re/Max of Orange Beach Gulf Coast CMLS Member
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