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    301 E Canal Dr Gulf Shores, AL 36542

    For Sale
    $3,900,000

    Unique mixed-use development with retail, STR, and food trucks.

    Property size:
    8,016 SF
    Lot size:
    0.73 Acres

    Property Features for 301 E Canal Dr

    General Information

    Size
    8,016 SF
    Lot size
    0.73 Acres

    Source: Swiger & Company, Realtors Agent Angie and David Swiger

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Mixed-Use Development Opportunity

    This unique mixed-use development opportunity is located in the Waterway District of Gulf Shores. The property features Baldwin County's only Mobile Food Truck Court/Vendor Court, along with 5 retail spaces. The main building includes a 3,614 square foot short-term rental unit with 6 bedrooms and 3 bathrooms. Additionally, there is a separate 972 square foot, fully furnished and operating short-term rental cottage with 2 bedrooms and 1 bathroom on the same property. Situated on waterfront lots along the intracoastal waterway, the site spans approximately 0.75 acres. The site plan is fully approved by the city of Gulf Shores, and all permitted drawings are in hand, making it shovel-ready. The property offers the option to utilize the existing plan or develop a new one.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Waterway Vacation Rental Vacation Home Rental Agency

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Realty agency Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Gulf Shores
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.6919581
    Latitude
    30.2775327

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    FAQs

    What type of property is this?
    Retail space - Unique mixed-use development with retail, STR, and food trucks.
    Where is this retail space located?
    The property is located at 301 E Canal Dr Gulf Shores, AL.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: - Fully approved mixed-use development with Mobile Food Truck Court/Vendor Court, 5 retail spaces, and two short-term rental units.; - Waterfront property on the Intracoastal Waterway.; - Includes a **3,614 sqft 6 bedroom/3 bath short term rental** in the main building.
    (251) 609-2973
    Request Owner's contact information
    301 E Canal Dr Gulf Shores, AL 36542
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    Gulf Shores, AL 36542
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    301 E Canal Dr Gulf Shores, AL 36542
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