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Office Suite with Shared Kitchen
For Lease
$2,500/Mo

132 Cove Avenue, Gulf Shores, AL 36542

Commercial Lease, Gulf Shores, AL

Space SizeContact for details
Lot Size0.18 Acres
Days on Market58

Property Features for 132 Cove Avenue

General Information

Property type Commercial Lease
Property subtype Office
Parking features On Street
Lot features Less Than 1 Acre
Directions From AL-59 S, turn right onto Clubhouse Dr, turn left onto W 2nd St, turn left onto Cove Ave and property will be on the left.
Subdivision Baldwin
Standard status Active
APN 66-03-08-4-000-050.014
Lot size 0.18 Acres

Taxes and HOA fees

Tax Description Lot 6 Cove Commercial Park Mb11 Pg113
Tax Annual Amount 2686
Legal Description Lot 6 Cove Commercial Park Mb11 Pg113

Utilities

Heating system Central
Cooling system Electric

Amenities

shared kitchen

Building Details

Year built 1984
Floors in Building 1
Roof type Metal
Listing Agency: RE/MAX on the Coast
Listed By: Dusty Cole · License #103880-1
Added: Aug 24 Changed: Oct 19 Last Checked: Oct 20 at 1:06PM
MLS# 412234

Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

At 132 Cove Avenue in Gulf Shores, this office property is arranged as two suites served by a common main entrance. One suite is occupied; the other is available for lease and has access to a shared kitchen. The building dates to 1984 and has central heating, electric cooling, and a metal roof. On-street parking is available.

Key Highlights

  • Two office suites share a main entrance
  • One suite is occupied; the other is available for lease
  • Shared kitchen access for the available suite

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Building Supply Electrical Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

919
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - The two-suite building has one occupied office and a separate suite available for lease.
Where is this office unit located?
The property is located at 132 Cove Avenue Gulf Shores, AL.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: Two office suites share a main entrance; One suite is occupied; the other is available for lease; Shared kitchen access for the available suite
More about this property
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