301 E canal drive Gulf Shores, AL 36542

This exceptional 8,016 square foot mixed-use property in Gulf Shores, Alabama, presents a unique investment opportunity. Situated on a 0.73-acre waterfront lot in the Waterway District, this fully approved development boasts Baldwin County's only mobile food truck court with five additional retail spaces. The main building includes a 3,614 square foot, six-bedroom, three-bathroom short-term rental, already established and operational. A separate, fully furnished and operational 972 square foot, two-bedroom, one-bathroom short-term rental cottage is also on the property. Located at 301 E Canal Drive, Gulf Shores, AL 36542, this property offers significant income potential from multiple revenue streams. All necessary permits and drawings are available, making this a truly "shovel-ready" project. Investors can utilize the existing approved site plan or create their own vision. Owner financing options are available. This is a rare chance to own a piece of Gulf Shores history and capitalize on the thriving tourism market. The property's prime location and diverse income streams make it an attractive investment for both seasoned and aspiring developers.