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Prime Corner Redevelopment Opportunity
For Sale
$2,290,000

645 Gulf Shores Parkway, Gulf Shores, AL 36542

Corner property with high traffic, ideal for redevelopment.

Property Size4,542 SF
Price / SF$504.18
Days on Market388

Property Features for 645 Gulf Shores Parkway

General Information

Standard status Active
Size 4,542 SF
Property subtype Commercial/Industrial

Building Details

Year Built 1999
Listing Agency: RE/MAX of Gulf Shores
Listed By: Kevin Corcoran · License #8815
Source: Exitrealty
Added: Jul 8, 2025 Changed: Jul 10 Last Checked: Jul 30 at 6:36AM

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 RE/MAX of Gulf Shores

Investment Insights

Based on property information with market context.

This property presents a redevelopment opportunity with 242 feet of frontage on Hwy 59 and 128 feet of frontage on Windmill Ridge Road (West Beach Bypass). The location experiences 31,665 AADT. The offering includes three separate parcels. Two parcels currently house a 4,542 sq. ft., 2-story office building. The third parcel is currently a graveled parking area. The office space features two floors of private & semi-private offices, two conference rooms, and two kitchenettes. Men's and women's restrooms are located on both floors. A commercial-grade elevator provides access to two floors. The third floor consists of a small space formerly used as a studio or storage space. Located a few blocks from the beach in the Beach Overlay District, the property is within walking distance of tourist hotspots, shopping, and dining. Redevelopment plans are available for a restaurant or bar. The property is located on a high-traffic corner of Hwy 59 & Windmill Ridge Rd.

Key Highlights

  • Prime corner property with 242' of Hwy 59 frontage in the heart of Gulf Shores.
  • Located in the bustling Beach Overlay District, just a few blocks from the beach, tourist hotspots, shopping, and dining.
  • High‑traffic location with 31,665 AADT.

Property Analytics

Current Use

Chris Shrader Loan Service Kes Harrison / The Harrison ... Real Estate Agency RE/MAX Alabama - Paula ... Real Estate Agency Donald Frey Realtor ... Real Estate Agency Lindsay Demers, REALTOR® Real Estate Agency

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Auto Parts Store Locksmith Carpet & Flooring Store Building Supply

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

356
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

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Corner property with high traffic, ideal for redevelopment.
Where is this office building located?
The property is located at 645 Gulf Shores Parkway Gulf Shores, AL.
What is the asking price?
The asking price for this property is $2,290,000.
What are key features of this property?
This property features: Prime corner property with **242' of Hwy 59 frontage** in the heart of Gulf Shores.; Located in the bustling Beach Overlay District, just a few blocks from the beach, tourist hotspots, shopping, and dining.; High‑traffic location with 31,665 AADT.
More about this property
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