321 E Canal Dr Gulf Shores, AL 36542

This 904-square-foot retail property is situated in Gulf Shores, Alabama's Waterway Village District South, a vibrant area undergoing significant redevelopment. The city is investing over $15 million in infrastructure improvements, including a new pedestrian bridge and city park within 200 feet of the property. This project, currently in the design phase with secured funding, will enhance walkability and create a more attractive environment. The property's location on East Canal Drive will benefit from the creation of a new city street with adjacent visitor parking, improving accessibility and reducing traffic congestion. The property's proximity to Big Beach Brewery further enhances its appeal and potential for success. The 2.13-acre lot offers significant potential for future development within this rapidly evolving district. This presents a unique opportunity to acquire a retail space poised for growth in a prime location undergoing substantial revitalization. The property's current configuration offers immediate occupancy potential, while the surrounding improvements promise increased foot traffic and enhanced visibility. This investment offers a compelling blend of immediate return and long-term growth potential in a thriving coastal community.