Waterfront Mixed-Use Investment
301 E canal drive Gulf Shores, AL 36542
301 E canal drive, Gulf Shores, AL, 36542
$3,500,000
For Sale
$3,500,000
8,016 SF JEWEL OF THE WATERWAY DISTRICT FOR SALE!
Property Size8,016 SF
Lot Size0.73 Acres
Price / SF$436.63
Days on Market523
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 Office
(850) 564-0120
Listed by
Paul
(850) 564-0120
Added: Feb 11, 2025 Checked: Mar 16 at 9:06 am
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
Location Intelligence
Current Use by Public Records
The Waterway Vacation Rental
Vacation Rental
Similar For Sale Nearby
FAQs
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.