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301 E canal drive Gulf Shores, AL 36542

Sponsored
Source: https://www.saltercompany.com
For Sale
$3,500,000

Prime waterfront property; fully approved development.

Property size:
8,016 SF

Property Features for 301 E canal drive

General Information

Property type
Other mixed-use properties
Square Feet
8,016 SF
Price / Square Foot
$436
Total Parking Spaces
23
Elevators
N/A
Net Rentable
8,016 SF
Lot Size
31,799 SF

Building Details

Year Built/Renovated
1965/2022
Buildings
3
Stories
3

Overview

Waterfront Mixed-Use Investment Opportunity

This 8,016 square foot mixed-use property is located in Gulf Shores, Alabama, on a 0.73-acre waterfront lot. The fully approved development is situated in the Waterway District and features Baldwin County's only mobile food truck court, along with five additional retail spaces. The main building includes a 3,614 square foot short-term rental unit with six bedrooms and three bathrooms, which is already established and operational. Additionally, there is a separate, fully furnished and operational 972 square foot cottage with two bedrooms and one bathroom, also used as a short-term rental. The property is located at 301 E Canal Drive, Gulf Shores, AL 36542, and offers income potential from multiple revenue streams. All necessary permits and drawings are available for this shovel-ready project. Investors have the option to utilize the existing approved site plan or develop their own vision. This property presents an opportunity to capitalize on the tourism market.

We can help!

Listing Contact
Paul Salter

Learn more

Property Insight Report

HighLights

  • 8,016 sq ft mixed‑use property in Gulf Shores, AL, on 0.73 acres.
  • Includes a 6‑bedroom short‑term rental & a separate 2‑bedroom cottage.
  • Fully approved site plan with 5 retail spaces & a food truck court.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

The Waterway Vacation Rental Vacation Rental

Suggested Use

Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Real Estate Agency Auto Repair Shop Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

City
Gulf Shores
State
Alabama

FAQs

What type of property is this?
Mixed-use property - Prime waterfront property; fully approved development.
Where is this mixed-use property located?
The property is located at 301 E canal drive Gulf Shores, AL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 8,016 sq ft mixed-use property in Gulf Shores, AL, on 0.73 acres.; Includes a 6-bedroom short-term rental & a separate 2-bedroom cottage.; Fully approved site plan with 5 retail spaces & a food truck court.
More about this property
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