Waterfront Mixed-Use Investment
For Sale
$3,500,000
301 E canal drive, Gulf Shores, AL 36542
8,016 SF JEWEL OF THE WATERWAY DISTRICT FOR SALE!
Property Size8,016 SF
Lot Size0.73 Acres
Price / SF$436.63
Days on Market568
Property Features for 301 E canal drive
General Information
Standard status
Active
Property type
Other mixed-use properties, Other retail properties, Individual retail properties, Mixed-use properties, Retail properties & Spaces
Size
8,016 SF
Net Rentable
8,016 SF
Total Parking Spaces
23
Elevators
N/A
Lot size
0.73 Acres
Building Details
Year Built
1965
Year Renovated
2022
Buildings
3
Stories
3
Listing Agency:
(850) 564-0120
Listed By:
Paul
(850) 564-0120
Added: Feb 11, 2025
Changed: Mar 16
Investment Insights
Based on property information with market context.
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 36542, AL
16,993
Population
18,551
Households
0.9
Avg Household Size
51
Median Age
38%
College-Educated
95%
High-School Grad
52.0 sq mi
ZIP Area
327
Density / Sq Mi
$74,861
Median Household Income
$35,580
Median Earnings
$1,365
Median Rent
$366,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - 8,016 SF JEWEL OF THE WATERWAY DISTRICT FOR SALE!
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.
