645 Gulf Shores Pky - Office FOR SALE


Gulf Shores, AL 36542
$2,290,000 USD
251-752-4853
645 Gulf Shores Pky, Gulf Shores, AL for Sale
$2,290,000 USD
Office - FOR SALE
1/19
null | Request Cap Rate

645 Gulf Shores Pky
Gulf Shores, AL 36542


HIGHLIGHTS

  • 242' Hwy 59 Frontage - Corner Lot
  • Re-development plans available for restaurant/bar
  • High Traffic Count

OVERVIEW

RE-DEVELOPMENT OPPORTUNITY! Prime Corner Property with 242' of Hwy 59 Frontage in the Heart of Gulf Shores! Property has 128' of frontage on Windmill Ridge Road (West Beach Bypass). 31,665 AADT (see attachment). This unique offering includes three separate parcels—two currently housing a 4,542 sq. ft., 2-story office building on a high-traffic CORNER of Hwy 59 & Windmill Ridge Rd. The third parcel is currently a graveled parking area. The office space features two floors of private & semi-private offices, two conference rooms, two kitchenettes, men/women's restrooms on both floors, making it ready for continued business use or future redevelopment. Commercial grade elevator (2-Stop). Located just a few blocks from the beach in the bustling Beach Overlay District, this property is within walking distance of tourist hotspots, shopping, and dining. With redevelopment plans available for a restaurant/bar, this site presents a prime opportunity for investors and developers looking to create a standout destination. Take advantage of this rare opportunity in one of Gulf Shores' most desirable commercial areas! Offering includes 3 parcels - PPIN's 77972, 3496, & 29339. Seller is a licensed real estate broker in the State of Alabama.

FOR SALE DETAILS

PRICE

$2,290,000 USD

PRICE/SF

$504 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

BT 1-N

APN/PARCEL ID

66-04-20-1-000-006.000,66-04-20-1-000-008.000,66-04-20-1-000-009.000

ASK ABOUT THIS PROPERTY

Kevin CorcoranRE/MAX of Gulf ShoresMore Info
251-752-4853

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Kevin CorcoranRE/MAX of Gulf ShoresMore Info
251-752-4853

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