303 Palafox st - Retail FOR SALE


Flomaton, AL 36441
$99,000 USD
251-359-6523
303 Palafox st, Flomaton, AL for Sale
$99,000 USD
Retail - FOR SALE
1/10
null | Request Cap Rate

303 Palafox st
Flomaton, AL 36441


HIGHLIGHTS

  • Approximately 2,522 SF of adaptable commercial space with open floor plan and dedicated storage area
  • Located on a 0.6± acre corner lot in Flomaton’s Historic District with direct exposure along U.S. Hwy 29
  • Average daily traffic of roughly 11,000 to 12,116 vehicles supports strong visibility and customer inflow
  • B-1 zoning accommodates retail, office, services, or restaurant concepts
  • SBA HUBZone designation and rural financing options may provide federal and USDA-related benefits to qualifying buyers
  • Positioned with dual-highway access, less than an hour from Pensacola, FL, and Mobile, AL

OVERVIEW

303 Palafox Street presents a rare opportunity to secure a corner property in the heart of Flomaton’s Historic District, combining architectural character with modern functionality. Boasting 2,522 SF of open-plan space on an approximately 0.6-acre lot, this property offers unrivaled flexibility for a variety of commercial uses, including retail storefronts, professional offices, personal services, or food and beverage concepts under B-1 zoning. The property benefits from a thoughtful layout featuring a generous open floor area, a sizeable storage room, and one restroom. Additional operational convenience is provided through street parking at the front, rear alleyway access, and a wide double-door entrance for deliveries. Situated at the confluence of U.S. Hwy 29 and U.S. Hwy 31, this location experiences steady vehicular exposure with traffic counts ranging between 11,000 and 12,116 AADT on Hwy 29. Its accessibility is further enhanced by the nearby SR-113 connection to I-65 and proximity to major metros—approximately 45 minutes to Pensacola, FL, and one hour to Mobile, AL.

FOR SALE DETAILS

PRICE

$99,000 USD

PRICE/SF

$39 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

B1

APN/PARCEL ID

24-08-33-4-023-017.000,24-08-33-4-023-018.000

ASK ABOUT THIS PROPERTY

Malcolm Bub GideonsReynolds Real EstateMore Info
251-359-6523

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Malcolm Bub GideonsReynolds Real EstateMore Info
251-359-6523

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