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    Two-Structure Downtown Office Property Title is generated by Realmo AI

    225 W LAUREL AVE, Foley, AL 36535

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    Two office buildings provide flexible space for expansion, storage, workshop use, or a separate business operation.

    Type:Office
    Property size:
    3,836 SF
    Price / SF:
    $179/SF
    Added:
    Jun 12, 2026
    Days on Market:
    17
    Last Refresh:
    Jun 20 at 2:40 am

    Property Features for 225 W LAUREL AVE

    General Information

    Standard status
    Active
    Size
    3,836 SF
    Property subtype
    Office

    Building Details

    Year Built
    1947

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    Kendall Wahlert

    Listing office Waters Edge Realty

    Listing date Jun 12, 2026

    Source Crexi

    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 Waters Edge Realty

    HighLights

    • Two office buildings totaling 3,700 sq ft: 1,900 sq ft front office and 1,800 sq ft rear structure
    • Rear structure was added in 2024 for additional space for expansion, storage, workshop use, or a separate business operation
    • Year built: 1947
    • Located in the heart of downtown Foley

    Overview

    The property consists of two office structures on one site, including a front office building and a rear structure that was added in 2024. The front building is described as 1,900 square feet of office space, while the rear structure is described as 1,800 square feet and is positioned to support a variety of operational needs. The rear space can be used for expansion, storage, workshop use, or operated as a separate business facility, giving tenants and owners a practical way to separate functions or grow within the same property.

    The buildings are located in the heart of downtown Foley, providing an established central setting for office users. With two distinct structures on-site, the layout supports multi-tenant or multi-use concepts while keeping both components under one ownership.

    For buyers evaluating an owner-occupied or multi-operator setup, the combination of an existing front office and a newer rear structure offers flexibility for administrative functions alongside secondary space. The additional 2024 construction can be useful for back-of-house needs such as storage or light workshop-type use, or for establishing a separate operation without leaving the property. This offering presents a straightforward way to consolidate office and support uses in a downtown Foley location.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $73.7k $19.20
    − Vacancy −$14.0k −$3.65
    EGI $59.7k $15.55
    − OpEx −$14.9k −$3.89
    NOI $44.7k $11.66
    3,836 SF · lease $19.20/SF/yr · vacancy 19.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $639.2K
    $559.3K – $745.7K (±1% cap)
    NOI $44,743 @ 7.0% cap · market cap 6.48%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $922.5K
    $807.2K – $1.08M (±1% cap)
    NOI $64,574 @ 7.0% cap · market cap 9.36%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Dayton Hart DMD Dental Office Foley Coin Shop (Bike/Boat/Book/etc) Store Freeman Collision LLC Auto Repair Shop Dental Dynamic Development Dental Office W. Hart Dental Office

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Foley
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.681253
    Latitude
    30.406715

    FAQs

    What type of property is this?
    Office building - Two office buildings provide flexible space for expansion, storage, workshop use, or a separate business operation.
    Where is this office building located?
    The property is located at 225 W LAUREL AVE Foley, AL.
    What is the asking price?
    The asking price for this property is $690,000.
    What are key features of this property?
    This property features: Two office buildings totaling 3,700 sq ft: 1,900 sq ft front office and 1,800 sq ft rear structure; Rear structure was added in 2024 for additional space for expansion, storage, workshop use, or a separate business operation; Year built: 1947
    (706) 575-8800 Call to check price and availability
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