Two-Building Storefront
For Sale
$649,000
225 W Laurel Avenue, Foley, AL 36535
SINGLE_FAMILY - Foley, AL
Property Size3,700 SF
Lot Size0.24 Acres
Price / SF$175.41
Days on Market92
Property Features for 225 W Laurel Avenue
General Information
Property type
Residential
Property subtype
Office
Zoning
Commercial
Directions
From Alabama State Route 59 (S McKenzie St), head west onto W Laurel Ave (at the light near downtown Foley). Continue approximately 0.2-0.3 miles into the downtown area. Property will be on the right at 225 W Laurel Ave, just west of the intersection with N Alston St and near Heritage Park.
Subdivision
Baldwin
Standard status
Active
APN
54-09-29-4-401-044.000
Lot size
0.24 Acres
Taxes and HOA fees
Tax Description
75 X 140 LOT 6 & THE W1 2 OF LOT 7 FOLEY BLK 15
Tax Annual Amount
1105
Legal Description
75 X 140 LOT 6 & THE W1 2 OF LOT 7 FOLEY BLK 15
Building Details
Year built
1947
Floors in Building
1
Flooring type
Tile, Concrete
Roof type
Composition, Metal
Listing Agency:
Waters Edge Realty
(251) 215-1783
Listed By:
April H Hunt · License #112454-1
(318) 773-8606
Added: May 5
Changed: Aug 4
Last Checked: Aug 4 at 2:06PM
MLS# 396099
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 storefront property at 225 W Laurel Avenue includes two separate buildings with flexible commercial functionality. The 1,900-square-foot front structure dates to 1947 and is currently used as a coin shop; the 1,800-square-foot rear building was added in 2024. Tile and concrete flooring are present, with composition and metal roofing across the improvements.
Interior plumbing connections are available in every room, supporting potential conversion for retail, office, personal service, medical, salon, spa, restaurant, or other compatible commercial uses. The property is situated in Foley’s Historic Downtown District and within the Historic Overlay District, providing an established downtown setting with historic character and room for contemporary business operations.
The rear structure can provide additional storage, workshop, expansion, or separately operated business space. The property is currently configured for retail use while offering multiple building and layout options for an owner-user or commercial operator.
Interior plumbing connections are available in every room, supporting potential conversion for retail, office, personal service, medical, salon, spa, restaurant, or other compatible commercial uses. The property is situated in Foley’s Historic Downtown District and within the Historic Overlay District, providing an established downtown setting with historic character and room for contemporary business operations.
The rear structure can provide additional storage, workshop, expansion, or separately operated business space. The property is currently configured for retail use while offering multiple building and layout options for an owner-user or commercial operator.
Key Highlights
- Two‑building property at 225 W Laurel Avenue, Foley, AL 36535
- 1,900‑square‑foot front building constructed in 1947
- 1,800‑square‑foot rear structure added in 2024
Financial Insights For Healthcare Medical
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 | $82.1k | $22.20 |
| − Vacancy | −$8.4k | −$2.26 |
| EGI | $73.8k | $19.94 |
| − OpEx | −$29.5k | −$7.97 |
| NOI | $44.3k | $11.96 |
3,700 SF · lease $22.20/SF/yr · vacancy 10.20% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$632.2K
$553.2K – $737.6K
NOI $44,257 @ 7.0% cap · market cap 6.82%
Second Best
Office B
$616.5K
$539.5K – $719.3K
NOI $43,157 @ 7.0% cap · market cap 6.65%
Theoretical Best
Office A
$889.8K
$778.6K – $1.04M
NOI $62,284 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
171
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- McKenzie Street Florist — 201 S McKenzie St, Foley, AL 36535
- As Seasons Change Down South — 113 W Orange Ave, Foley, AL 36535
Frequently Asked Questions
What type of property is this?
Storefront property - Adaptable downtown commercial space with separate structures and plumbing connections throughout the interior.
Where is this storefront property located?
The property is located at 225 W Laurel Avenue Foley, AL.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Two‑building property at 225 W Laurel Avenue, Foley, AL 36535; 1,900‑square‑foot front building constructed in 1947; 1,800‑square‑foot rear structure added in 2024
