106 W Myrtle Ave - Office FOR SALE


Foley, AL 36535
$650,000 USD
251-213-8504
106 W Myrtle Ave, Foley, AL for Sale
$650,000 USD
Office - FOR SALE
1/16
null | Request Cap Rate

106 W Myrtle Ave
Foley, AL 36535


HIGHLIGHTS

  • Downtown Foley
  • Retail/Dining/Hospitality Opportunity

OVERVIEW

Positioned in the heart of downtown Foley at the corner of W Myrtle Ave and S Alston St, this commercial property is currently vacant and offers a prime location with excellent visibility and easy access in one of the area’s growing business districts. This location places your future business or investment in the center of it all. Formerly utilized as a medical office, the 4,351-square-foot building presents a unique opportunity for investors, developers, or business owners looking to renovate and bring new life to an existing structure. Zoned B-1 (Central Business District), the property offers exceptional flexibility with permitted uses spanning retail, dining, office, service, hospitality, entertainment, and mixed residential/commercial concepts. With its sought-after downtown location, this property offers exciting possibilities for your next project or investment opportunity.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$149 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Commercial Property in Downtown Foley

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,595 SF

ZONING

B-1

APN/PARCEL ID

54-09-29-4-401-031.001,54-09-29-4-401-032.000

ASK ABOUT THIS PROPERTY

Dusty ColeRE/MAX on the CoastMore Info
251-213-8504

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Dusty ColeRE/MAX on the CoastMore Info
251-213-8504

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.