225 W Laurel Avenue, Foley, AL 36535
sale
$599,000
|
Office
Courtesy Of Waters Edge Realty
OWNER FINANCING AVAILABLE WITH 20% DOWN. The property features TWO buildings.Positioned in the heart of Foley's Historic Downtown District, 225 W Laurel Ave offers a rare blend of character, flexibility, and commercial potential. Built in 1947, this former dentist office has been well maintained and is currently operating as a coin shop, making it ideal for retail, office, or service-based businesses. A 1900 sq ft front office building, as well as a 1800 sq ft rear structure added in 2024 that provides valuable additional space for expansion, storage, workshop use, or a separate business operation. The layout is highly adaptable, with water access stubbed in every room, a feature that allows for easy conversion to medical, salon, spa, or other specialty uses with minimal renovation. Zoned B-1 (Central Business District), the property allows for a wide range of permitted uses including retail stores, offices, restaurants, personal service businesses, and more. Additional conditional uses further expand possibilities, making this an excellent opportunity for entrepreneurs seeking a versatile commercial space in a prime location. Located within the Historic Overlay District, the property benefits from the charm and established character of downtown Foley while supporting compatible development and business growth. The overlay encourages preservation of the area's historic appeal while still allowing modern functionality and improvements.Whether you're looking to continue its current retail use or reimagine the space for a new venture, this property offers exceptional flexibility, a prime downtown setting, and unique infrastructure features that are hard to find.
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Property Features
- Age: Over 50 Years Old
- Floor Covering: Tile
- Floor Covering: Concrete
- Floors: 1
- Heating System: Electric (Heating)
- Heating System: Central
- Legal Description: 75 X 140 LOT 6 & THE W1 2 OF LOT 7 FOLEY BLK 15
- MLSID: 396099
- Roof Type: Composition
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