Foley, AL Medical Office Space for Sale

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Daphne, AL Summerdale, AL Magnolia Springs, AL Fairhope, AL Gulf Shores, AL Elberta, AL Bon Secour, AL Orange Beach, AL

Updated: May 20

Downtown Foley Commercial Property

106 W Myrtle Ave, Foley, AL 36535

$650,000

4,351 sqft

Prime downtown Foley location at the corner of W Myrtle Ave and S Alston St with excellent visibility and easy access.
Zoned B‑1 (Central Business District) allowing for retail, dining, office, service, hospitality, entertainment, and mixed residential/commercial uses.
4,351‑square‑foot building suitable for renovation and redevelopment.
Ideal for investors, developers, or business owners.
Formerly utilized as a medical office.

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This listing looks promising.

Here's a quick look at some key insights for

106 W Myrtle Ave, Foley, AL 36535

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Est. Cap Rate

8%
Above avg (5.9%)
Est. NOI

$52K
Annual
Mortgage

$60K
Jan 2021
Last Sold

Jan 2021
$103K
Property Type

Medical Building
Built 1935

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Updated: Feb 3, 2025

12,765 SF Medical Park Offices For Sale

100 Greentree Ln, Foley, AL 36535

$2,800,000

14,613 sqft 1.98 AC lot

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Based on your search, we've compiled 54 Potential Opportunities for your consideration. Besides 2 Active listings in Foley, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 44 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Office Building with Multiple Private Rooms

1403 Springhill Avenue, Mobile, AL 36604

$225,000

1,820 sqft 0.17 AC lot

Commercial office building with multiple private rooms, common areas, restrooms, and ample parking on Spring Hill Avenue.

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Renovated Midtown Office Building

1059 Dauphin St, Mobile, AL 36604

$610,000

4,848 sqft

Renovated office building with private offices, conference space, and dedicated rear parking along a high-visibility corridor.

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North Palafox Freestanding Building

1125 N Palafox St, Pensacola, FL

$298,000

3,196 sqft 0.40 AC lot

Freestanding building with frontage on North Palafox Street.

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Turnkey Medical Office Investment

901 N New Warrington Rd, Pensacola, FL

$400,000

3,352 sqft 0.18 AC lot

Leased medical office with potential for owner-user or investor.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Zoned Mixed-Use Land Parcel

10200 BLK Hwy 97, Walnut Hill, FL 32568

$119,500

4.45 AC lot

Zoned RMU commercial land offering residential development potential with allowance for limited small retail and services.

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Prime Commercial Land I-10 Access

13995 Sam Seymour Rd, Ocean Springs, MS 39565

$650,000

1.29 AC lot

Commercial property suitable for hotel, multi-family, medical offices, restaurant/retail.

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Zoned C-4 Development Land

14712 Mallett Road, Biloxi, MS 39532

$1,400,000

417,501 sqft 9.40 AC lot

Ready-to-build 9.4-acre C-4 site suited for retail, restaurants, and professional offices including medical and dental.

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Medical Office Corner Development Land

1200 44th Avenue, Gulfport, MS 39501

$550,000

0.46 AC lot

Two corner lots totaling 0.81 acres offer visibility and access near Memorial Hospital and the Harrison County Health Department.

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Off-Market Properties in Foley, AL

Consider similar Off-Market properties in Foley, AL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

MEDICAL BUILDING

198 County Rd 20, Foley, AL 36535-3426

$610,000

Estimated value

3,847 sqft 1.00 AC lot

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MEDICAL BUILDING

1265 Mckenzie St, Foley, AL 36535-1818

$1,115,000

Estimated value

6,758 sqft 1.03 AC lot

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MEDICAL BUILDING

1624 Mckenzie St, Foley, AL 36535-2248

Unit 1

$1,420,000

Estimated value

6,602 sqft 0.93 AC lot

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MEDICAL BUILDING

100 Elecia Ln, Foley, AL 36535-8970

Unit 2

Value Estimation by Request

2,508 sqft 0.33 AC lot

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MEDICAL BUILDING

222 Alston St, Foley, AL 36535-1914

Value Estimation by Request

3,785 sqft 0.10 AC lot

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MEDICAL BUILDING

1625 Alston St, Foley, AL 36535-2208

$1,025,000

Estimated value

3,863 sqft 0.65 AC lot

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MEDICAL BUILDING

301 Cedar St, Foley, AL 36535-1473

Value Estimation by Request

1,430 sqft 0.19 AC lot

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MEDICAL BUILDING

1721 Bunner St, Foley, AL 36535-2229

Value Estimation by Request

1,400 sqft 0.16 AC lot

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MEDICAL BUILDING

1815 Mckenzie St, Foley, AL 36535

$8,820,000

Estimated value

4,678 sqft 0.32 AC lot

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MEDICAL BUILDING

225 Laurel Ave, Foley, AL 36535-1918

Value Estimation by Request

2,033 sqft 0.24 AC lot

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MEDICAL BUILDING

149 Peachtree Ave, Foley, AL 36535-2239

$535,000

Estimated value

2,447 sqft 0.46 AC lot

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MEDICAL BUILDING

106 Myrtle Ave, Foley, AL 36535-1935

Value Estimation by Request

3,113 sqft 0.07 AC lot

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MEDICAL BUILDING

1511 Mckenzie St, Foley, AL 36535-2235

Value Estimation by Request

5,222 sqft 1.46 AC lot

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MEDICAL BUILDING

1725 Mckenzie St, Foley, AL 36535-2249

$1,545,000

Estimated value

8,257 sqft 1.38 AC lot

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MEDICAL BUILDING

301 Laurel Ave, Foley, AL 36535-1920

$615,000

Estimated value

3,549 sqft 0.32 AC lot

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MEDICAL BUILDING

1715 Bunner St, Foley, AL 36535-2229

Value Estimation by Request

2,455 sqft 0.33 AC lot

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MEDICAL BUILDING

1628 State Hwy 59, Foley, AL 36535

$1,450,000

Estimated value

13,379 sqft 1.35 AC lot

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MEDICAL CLINIC

1628 Mckenzie St, Foley, AL 36535-2273

$540,000

Estimated value

4,604 sqft 0.92 AC lot

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MEDICAL BUILDING

1620 Mckenzie St, Foley, AL 36535-2248

Unit 1

$760,000

Estimated value

4,602 sqft 2.01 AC lot

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MEDICAL BUILDING

311 Laurel Ave, Foley, AL 36535-1920

Value Estimation by Request

2,904 sqft 0.24 AC lot

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MEDICAL BUILDING

825 Alston St, Foley, AL 36535-3509

Value Estimation by Request

3,221 sqft 0.36 AC lot

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MEDICAL BUILDING

1703 Bunner St, Foley, AL 36535-2229

$720,000

Estimated value

6,182 sqft 0.39 AC lot

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Foley, AL Medical Office Space Market Trends and Statistics

Explore 46 medical office space for sale in Foley, AL on our real estate platform. These investment opportunities span a total of 18,964 square feet of properties for sale, with an estimated market value of $3,450,000.

Sale prices for medical spaces in Foley, AL start at $650,000, averaging $1,725,000, and reaching up to $2,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 38K

Population Growth (5Y) +27.2%

Median Household Income $67,013

College Educated 17.4%

High-Yield Neighborhoods for Investment

Identify Foley submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
36535	$1.7M

Taxes & Financing

Tax Rate (average for all types) 3.13%

Property Tax per SF $65.10 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Baldwin County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Foley fall within the 2,500 to 5,000 square foot range.

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Foley, AL Medical Office Space for Sale

106 W Myrtle Ave, Foley, AL 36535

100 Greentree Ln, Foley, AL 36535

Opportunities in Nearby Cities

1403 Springhill Avenue, Mobile, AL 36604

1059 Dauphin St, Mobile, AL 36604

1125 N Palafox St, Pensacola, FL

901 N New Warrington Rd, Pensacola, FL

Potential Development Sites for Consideration

10200 BLK Hwy 97, Walnut Hill, FL 32568

13995 Sam Seymour Rd, Ocean Springs, MS 39565

14712 Mallett Road, Biloxi, MS 39532

1200 44th Avenue, Gulfport, MS 39501

Off-Market Properties in Foley, AL

198 County Rd 20, Foley, AL 36535-3426

1265 Mckenzie St, Foley, AL 36535-1818

1624 Mckenzie St, Foley, AL 36535-2248

100 Elecia Ln, Foley, AL 36535-8970

222 Alston St, Foley, AL 36535-1914

1625 Alston St, Foley, AL 36535-2208

301 Cedar St, Foley, AL 36535-1473

1721 Bunner St, Foley, AL 36535-2229

1815 Mckenzie St, Foley, AL 36535

225 Laurel Ave, Foley, AL 36535-1918

149 Peachtree Ave, Foley, AL 36535-2239

106 Myrtle Ave, Foley, AL 36535-1935

1511 Mckenzie St, Foley, AL 36535-2235

1725 Mckenzie St, Foley, AL 36535-2249

301 Laurel Ave, Foley, AL 36535-1920

1715 Bunner St, Foley, AL 36535-2229

1628 State Hwy 59, Foley, AL 36535

1628 Mckenzie St, Foley, AL 36535-2273

1620 Mckenzie St, Foley, AL 36535-2248

311 Laurel Ave, Foley, AL 36535-1920

825 Alston St, Foley, AL 36535-3509

1703 Bunner St, Foley, AL 36535-2229

Foley, AL Medical Office Space Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Property Size Breakdown

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