200 W Verbena Avenue, Foley, AL 36535
AL · Baldwin County County
Key Facts
Description
Position your business in the heart of Downtown Foley with this highly visible corner property offering approximately 240 feet of road frontage at the intersection of S. Alston Street and Verbena Avenue. Surrounded by established businesses and future commercial growth, this B-1 (Central Business District) property offers outstanding potential for a variety of commercial ventures. The walkable location places you just steps from downtown restaurants, including Cheeseburger Randy's, local shops, community events, Foley Kids Park, the city pool, and the future aquatic center. OWA Parks & Resort, Tanger Outlets, and additional shopping and dining are less than 10 minutes away, while the Gulf Coast beaches are just a short drive away. B-1 (Central Business District) zoning allows for a variety of retail, office, service, and mixed-use opportunities, along with additional conditional uses. The existing home is grandfathered for residential use; however, if residential use is abandoned, the property cannot revert to a strictly residential use. The property currently features a 3-bedroom, 2-bathroom home with approximately 1,368 square feet that could serve a variety of business needs, subject to applicable approvals. Recent improvements include a metal roof replaced about five years ago and all new windows installed about six years ago. Inside, the living room with wood flooring flows into the kitchen with tile flooring, while a bonus den provides additional flexible space with access to the backyard. The primary bedroom includes an ensuite bathroom with a walk-in shower and single vanity, and the two guest bedrooms share a Jack and Jill bathroom. Additional features include a laundry room, attached exterior storage room, and a single covered carport. Buyer to verify all information during due diligence.
Property Information
Property Type
Commercial Sale
Year Built
1940
Living Area
1,368 sq ft
Lot Size
0.34 acres
Lot Dimensions
100 x 140
MLS® Listing#
399240
Property Features
Cooling
Parking
Lot Features
Foundation
Sewer
Water Source
Financial Details
HOA
None
Parcel Number
5409294000098.000
Directions
From Downtown Foley, take a left on S Alston. Go down 3 blocks, and the home is on the right at the corner of Verbena and Alston.
Affordability Calculator
$70,000
Estimated monthly payment
$1,863/mo
Principal $280,000 · Est. interest $390,625 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Foley, AL
- $328,159
- Median Listing Price
- 61
- Median Days on Market
- 1,816
- Median Sq Ft
- $188
- Median Price / Sq Ft
- 373
- Active Listings
- This home’s price is 7% above the area median.
- Its price per sq ft is 36% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Foley, AL.
Location
Points of Interest in Foley, AL
Showing the Foley area map.
Nearby Schools
Foley Middle School
Secondary · 0.3 mi away
Foley Elementary School
Elementary · 0.5 mi away
Daphne High School
Secondary · 1.1 mi away
Foley Intermediate School
School · 1.3 mi away
Mathis Elementary
Elementary · 1.4 mi away
Foley High School
Secondary · 1.5 mi away
Magnolia School
Elementary · 3.6 mi away
St Benedict School
School · 5.1 mi away
Good Shepherd Lutheran School
School · 5.2 mi away
Elberta Middle School
Secondary · 5.3 mi away
South Baldwin Christian Academy
School · 5.4 mi away
Summerdale School
Elementary · 5.8 mi away
Elberta Elementary School
Elementary · 6.1 mi away
Swift Elementary School
Elementary · 6.5 mi away
Ob Conservatory of Fine Arts
School · 8.9 mi away
Orange Beach Middle & High School
Secondary · 8.9 mi away
Gulf Shores City Schools
School · 9.2 mi away
Gulf Shores Elementary School
Elementary · 9.3 mi away
Gulf Shores High School
Secondary · 9.3 mi away
Gulf Shores Middle School
Secondary · 9.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 0 Nolte Creek Drive, Foley, AL | $245,000 | — | — | — |
| 522 W Ariel Avenue, Foley, AL | $249,900 | 3 | 2 | 1,567 |
| 0 W Laurel Avenue, Foley, AL | $250,000 | — | — | — |
| 15954 Planters Lane, Foley, AL | $251,490 | 3 | 2 | 1,290 |
| 0 County Road 16, Foley, AL | $253,049 | — | — | — |
| 0 County Road 16, Foley, AL | $253,399 | — | — | — |
Moving Cost Estimate
EXIT Agents in Foley
Listing Courtesy: RE/MAX on the Coast - 2519802000
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting.