Foley, AL 36535,3820-3840 STATE HIGHWAY 59
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$ 2,900,000
Est. payment | /mo

12,000 SqFt


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$ 2,900,000
Est. payment | /mo
Save

12,000 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $241

MLS Listing ID 386646

Construction Status Resale

Year Built 2004

Lot Size 1.080 Acres

Property Sub-Type Retail

Property Description

13 Tenant Strip Center on Hwy 59 in Foley (High Traffic Area)Parkway Plaza, is an eye catching strip mall strategically positioned along Highway 59. This complex comprises 13 rental spaces, ranging from 450 to over 2000 sqft., ensuring a versatile retail landscape. With a 100% occupancy rate and a stellar tenant mix, this 12,000 sqft haven thrives with long-term lessees easy access, ample parking, and an income producing sign on the south end of the property. The building's roof was replaced in 2021, and new flooring was installed the same year. Additionally, all parking lots were upgraded wit LED light fixtures in 2022. Buyer to verify all information during due diligence.

Location

State AL

County Baldwin

Area Foley 2

Zoning Business/Commercial

Interior

Cooling Central Air

Exterior

Parking Features Parking Lot

Waterfront Description No Waterfront

Garage Yes

Building

Lot Description Level

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Construction Status Resale

Listed by RE/MAX of Orange Beach

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Nicole Smith
Nicole Smith

REALTOR® | Licensed in Alabama and Florida | Lic# AL #82151 / FL #SL3129219

+1(251) 776-2909

1545 W 2nd St, Gulf Shores, AL, 36542, USA

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3820-3840 STATE HIGHWAY 59