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Mixed-Use Corner Property
For Sale
Under Contract
$350,000

200 W Verbena Avenue, Foley, AL 36535

Commercial Sale, Foley, AL

Property SizeContact for details
Lot Size0.34 Acres
Days on Market71

Property Features for 200 W Verbena Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial,OtherSeeRemark
Lot features Corner Lot
Directions From Downtown Foley, take a left on S Alston. Go down 3 blocks, and the home is on the right at the corner of Verbena and Alston.
Subdivision Baldwin
Standard status Active Under Contract
APN 54-09-29-4-000-098.000
Lot size 0.34 Acres

Taxes and HOA fees

Tax Description Lots 23-24 as described in PPIN 11513
Tax Annual Amount 1564
Legal Description Lots 23-24 as described in PPIN 11513

Building Details

Year built 1940
Floors in Building 1
Flooring type Vinyl, Tile, Wood
Roof type Metal
Listing Agency: RE/MAX on the Coast
Listed By: Dusty Cole · License #103880-1
Added: Jul 9 Changed: Sep 14 Last Checked: Sep 17 at 8:06PM
MLS# 399240

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.

Investment Insights

Based on property information with market context.

This 0.344-acre corner property includes a 3-bedroom, 2-bathroom home with approximately 1,368 square feet of finished space. Built in 1940, the structure has wood, tile, and vinyl flooring, a kitchen, bonus den, laundry room, attached exterior storage, and a single covered carport. A metal roof was replaced about five years ago, and all windows were replaced about six years ago. The existing residence is grandfathered for residential use; if that use is abandoned, the property cannot return to strictly residential use.

Located at the intersection of S. Alston Street and Verbena Avenue in Foley, the site offers approximately 240 feet of road frontage and B-1 Central Business District zoning. Downtown restaurants, shops, Foley Kids Park, the city pool, and the future aquatic center are within the surrounding walkable area. OWA Parks & Resort, Tanger Outlets, and additional shopping and dining are less than 10 minutes away.

Key Highlights

  • Approximately 240 feet of road frontage at S. Alston Street and Verbena Avenue
  • 0.344‑acre corner property in Foley's B‑1 Central Business District
  • 3‑bedroom, 2‑bathroom home with approximately 1,368 square feet

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Computer & Electronic Repair Tech Support Center Catering Service

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

Location Intelligence

Trade Area within ½ mile

840
Businesses Nearby

Demographics for 36535, AL

35,484
Population
18,755
Households
1.9
Avg Household Size
46
Median Age
26%
College-Educated
90%
High-School Grad
92.5 sq mi
ZIP Area
384
Density / Sq Mi
$67,013
Median Household Income
$41,574
Median Earnings
$1,168
Median Rent
$250,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Mixed-use property - B-1 Central Business District zoning supports retail, office, service, and mixed-use possibilities subject to applicable approvals.
Where is this mixed-use property located?
The property is located at 200 W Verbena Avenue Foley, AL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Approximately 240 feet of road frontage at S. Alston Street and Verbena Avenue; 0.344‑acre corner property in Foley's B‑1 Central Business District; 3‑bedroom, 2‑bathroom home with approximately 1,368 square feet
More about this property
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