**PRICE REDUCED** Retail Building For Sale In Heart of Foley, AL

Retail-Commercial for Sale
Catylist Listing ID: 30098432
Property Subtypes: Convenience Store, Free-Standing Building, Garden Center, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 8,500 SF
Gross Building Area: See Agent
Gross Land Area: 0.60 Acres
Sale Price: $837,750
Unit Price: $98.56 PSF
Property Use Type: Investment, Business
Building Name: Old Armory Antique Mall
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/22/2017

Overview / Comments

PRICE REDUCED. Excellent Location!! Free-standing building for sale in the heart of Foley, Alabama. Own a piece of history with the Old Armory. Located just north of downtown Foley. Possible uses include: a unique restaurant or tavern, an office space, retail, gardening center, grocery or drug store. The property is currently utilized as an antique mall with over 30 vendors. There are 1.5 bathrooms. Two (2) new A/C units (2014 & 2016). A new roof has been installed after hurricane Ivan. There is a lot of storage space that can be turned into office space. Utmost Discretion is necessary since it is an existing business.

Attachments & Media

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 54-04-20-4-000-076.000
Zoning: B1-A
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Located Between: On AL Highway 59
Property Visibility: Excellent
Largest Nearby Street: AL-59
Feet of Frontage: 150
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Roof Type: Gable
Construction/Siding: Brick
Total Parking Spaces: 25
Parking Type: Surface
Legal Description: 150' X 158' FM THE SE COR OF SEC 20 RUN TH N 20' FOR POB TH E 31', TH N 150', TH W 158', TH S 150', TH E 127' TO POB IN THE CITY OF FOLEY SEC 20-T7S-R4E (WD)

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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