209 W Laurel Avenue Foley, AL $ 1,495,000
209 W Laurel Avenue
$ 1,495,000
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209 W Laurel Avenue

Foley, AL, 36535
$ 1,495,000
Bedrooms-- Baths-- Sq 12,000

Monthly Estimate*

$ 9,440

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Commercial Property for sale in Foley, AL

for $1,495,000. This 12,000 square foot building was built in 1912 on a lot size of 0.322.

Welcome to this rare opportunity to purchase a large historic building, beautifully preserved in the heart of downtown Foley, and just a block from Highway 59. Parts of this building were built in 1912 and have served the town of Foley for many years as various different venues. Since 1984, this housed the Gift Horse restaurant and events venue. Over the years, this property has served thousands of local residents and visitors. Now this building is ready for its next chapter. This building is still set up as a restaurant and an event venue. This building features over a 12,000 ft.². per seller. It would be an excellent opportunity for a second generation restaurant as the majority of the kitchen equipments will remain and some of the equipments, including ovens and stoves, have been replaced within the last year. Additional recent updates to the property include an air conditioner, water heater, and some flooring in the bathrooms. The property features two distinct entrances so you could have multiple events going on at the same time. The property features pine beaded board walls and beautiful stained glass and leaded glass windows throughout as well as stunning chandeliers and a warm inviting fireplace. There is ample parking in the front along the adjoining side streets to accommodate visitors and guests. Separate parking in the back for employees. In addition, Seller is willing to leave tables and chairs and some additional furniture. No antiques are included in the sale and will be removed prior to possession. Please note you are purchasing the building and not the business. Come see this beautiful property before it gets away. Property will be SOLD AS IS. Buyer to confirm square footage and perform all inspections and due diligence prior to purchase. Buyer to verify all information during due diligence.

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Commercial Active

Price

$ 1,495,000

Property Type

Commercial

Taxes

$ 0

Style

Hospitality

Lot Size

0.322

Year Built

1912

Town/City

Foley

County/Region

Baldwin

MLS | Web ID

399731

Features
General
Utilities Water Heater Gas
Property Subtype Hospitality
County Baldwin
Property Type Commercial Sale
HOA false
Subdivision Name None
Status Active
Directions From Hwy 59 west on Hwy 98 1 Block Down on left.
City Foley
MLS Area Baldwin
Standard Status Active
Virtual Tour https://unbranded.visithome.ai/CbngfGUzrLEPBpRxyCUYbz?mu=ft
Heating Central Electric
Roof Metal Composition Shingle
Year Built 1912
Stories Count 1
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Interior
Heating Y/N true
Flooring Tile Vinyl Carpet
Total Baths 0
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Exterior
Lot Features Level
Lot Size Acres 0.322
Waterfront Y/N false
Building Area Total 12000
Number of Buildings 2
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* Excluded Features
List By
Devin Schaff

Listing Agent

Keller Williams - Mobile

Broker

devin.schaff@kw.com

Email

Affordability Calculator

$9,440
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,440
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/28/2026$1,495,000 Listed Price

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209 W Laurel Avenue, Foley, AL, 36535 is a Commercial Property for sale at $1,495,000 with 12,000 sqft and a lot size of 0.322. 209 W Laurel Avenue was built in 1912. The property's zip code is 36535 which is in Foley, AL