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225 W LAUREL AVE
FOLEY, AL 36535
Asking Price
$665K
Asset Type
Office
Class
Class B
What's Special
2 Office Buildings in the heart of Foley <p>The property features TWO buildings. Positioned in the heart of Foley’s Historic Downtown District, 225 W Laurel Ave offers a rare blend of character, flexibility, and commercial potential. Built in 1947, this former dentist office has been well maintained and is currently operating as a coin shop, making it ideal for retail, office, or service-based businesses. A 1900 sq ft front office building, as well as a 1800 sq ft rear structure added in 2024 that provides valuable additional space for
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NOI
$80,000
Cap Rate
12.03%
DSCR
2.03
Strong
Cash-on-Cash
20.31%
Monthly Payment
$3,290.057
Annual Cash Flow
$40,519.314