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Foley Retail Center
1331 S Commercial Drive, Foley, AL 36535
Looking North
N/A
8,990 SF
Retail
Street Retail
Investment
4%
100%
1
Multiple
1999
0.77 AC
209588
-
Last Verified 1/9/2012
Listing ID 16442897
Highlights
Property is located just off Hwy 59 / S McKenzie St in heart of Foley.- Priced at just $ 55.50 / SF including building and land.
- Per capita, the City of Foley leads the State of Alabama in Retail Sales and also accounts for more than 40% of Sales Tax Revenue in Baldwin County.
- Baldwin County is Alabama's No. 1 tourist destination.
- Southern Development Magazine listed Foley as one of the Ten Great Small Towns to Operate a Business and to retire.
- Foley, AL, at the intersection of Highways 59 & 98 and 10 miles north of the Gulf beaches, is the economic center of South Baldwin County.
Description
Includes PPIN #209589. PROPERTY IS 100% LEASED. Eight (8) unit retail/office multi-tenant building. Can be packaged with Loopnet Listing ID 16442801 (Two Lots w/developed parking lot across from listing-Approx. 200' X 175') and/or Loopnet Listing ID 16439831 (1.3 acre lot adjoining to east) as part of estate package.
From intersection of Hwy 59 / S McKenzie St and E Michigan, go east on Michigan and take first right onto S Commercial Drive. Building is on left (east side of road) in turn). Located behind Dodge's Conconvenience Store and Express Lube. Convenient to Hwy 59 & E Michigan Ave. Located in the heart of Foley.
Map of 1331 S Commercial Drive, Foley, AL 36535 (Baldwin County)
Created 10/22/2009
Additional Information for 1331 S Commercial Drive, Foley, AL 36535
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P