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18019 County Road 10, Foley, AL

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18019 County Road 10

Foley, AL 36535-5187 - Baldwin County Submarket

Property Type:Retail Sub Type:Storefront Status:Existing Year Built:1977
Building Size:6,000 SF Land Area:1.2 AC (52,272 SF)
For Sale Price:$899,000 Price/SF:$149.83
Cap Rate:4.00 %
Parking:33 Surface spaces are available; Ratio of 5.5/1,000 SF

Sale Notes:
Retail strip center consisting of a 3,980 sq ft restaurant or grocery store (with appropriate restaurant and store figures, currently vacant. Plus a beauty salon (currently leased at $550 per month and a Trophy Retail Store currently leased at $450 per month. Formerly had a grocery store combined with food service, closed for remodeling and totally updated with new security system, fire suppression system, walk in freezers, refrigerator, beverage cases and more. Now vacant. Excellent restaurant sight. Corner property on Corner of Cty Rd 10 and County Rd 65. High traffic counts. Close to Foley and Gulf Shores beaches. 22,000 sq ft parking lot.

Bellator Realty
Robert Malone
(251) 747-1725

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