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209 Laurel Avenue W, Foley, AL, 36535
Historic Restaurant and Event Venue

209 Laurel Avenue W Foley, AL 36535

New
For Sale
$1,495,000

Historic building set up as a restaurant and event venue, with two entrances and recent equipment and building updates.

Property Size12,000 SF
Price / SF$124.58
Days on Market2

Property Features for 209 Laurel Avenue W

General Information

Standard status
Active
Size
12,000 SF

Building Details

Year Built
1912
Listing Agency: Blackwell Roberts Real Estate
Listed By: Lydia Blackwell · License #47572
Source: Realestatestore251.idxbroker
Added: Jul 23 Changed: Jul 24 Last Checked: Jul 24 at 4:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Blackwell Roberts Real Estate


Investment Insights

Based on property information with market context.

This historic commercial building is preserved with period features including pine beaded board walls, stained and leaded glass windows, chandeliers, and a fireplace. Parts of the building were built in 1912. Since 1984, it has been operated as the Gift Horse restaurant and events venue, and it is still set up as a restaurant and an event venue.

The property includes two distinct entrances, allowing for multiple events to operate at the same time. The seller reports over a 12,000 square foot building area. Updates include an air conditioner, water heater, and some flooring in the bathrooms, and some kitchen equipment—including ovens and stoves—was replaced within the last year. Ample front parking is available along adjoining side streets for visitors, with separate back parking for employees.

The seller is willing to leave tables and chairs and some additional furniture. The sale does not include antiques, and they will be removed prior to possession. The property is for sale as-is, and buyers should confirm square footage and complete all inspections and due diligence prior to purchase.

Key Highlights

  • Historic building built in 1912, currently set up as a restaurant and events venue in downtown Foley
  • Two distinct entrances allow for multiple events happening at the same time
  • Includes kitchen equipment: most equipment will remain; some ovens and stoves replaced within the last year

Property Analytics

Location Intelligence

Current Use by Public Records

The Gift Horse Restaurant ... Restaurant

Suggested Use

Parking Lot & Garage Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Catering Service Computer & Electronic Repair Pet Grooming Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

FAQs

What type of property is this?
Conventional restaurant - Historic building set up as a restaurant and event venue, with two entrances and recent equipment and building updates.
Where is this conventional restaurant located?
The property is located at 209 Laurel Avenue W Foley, AL.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Historic building built in 1912, currently set up as a restaurant and events venue in downtown Foley; Two distinct entrances allow for multiple events happening at the same time; Includes kitchen equipment: most equipment will remain; some ovens and stoves replaced within the last year
More about this property
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