12547 Co RdFoley, AL 36535

This exceptional commercial property in Foley, Alabama, presents a lucrative investment opportunity. The property encompasses two buildings totaling 6,020 square feet of net rentable space, situated on a substantial 45,815 square foot lot. The main building offers approximately 4,200 square feet on the first floor and 1,820 square feet on the second floor, currently configured as a pharmacy/drug store. A significant feature is the inclusion of a 2-bedroom, 1-bathroom apartment with a kitchen, dining area, and flexible space. Adding to the investment potential is a separate 1,637 square foot rental home next door, currently leased for $1,500 per month. The property is zoned B2 and boasts a 25 mbps internet connection. Located at 12547 Co Rd 49, Foley, AL 36535, in the Town of Magnolia Springs, this mixed-use property offers a blend of commercial and residential income streams. The asking price is $1,100,000, translating to $182.72 per square foot. This is a Class B property with two stories. The Baldwin County location and diverse income streams make this a compelling investment.