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$ 1,495,000
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Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Hospitality
Listing Status Active
Purchase Type For Sale
MLS Listing ID 399731
Construction Status Resale
HOA Y/N No
Year Built 1912
Property Sub-Type Hospitality
Source Baldwin County
Property Description
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.
Location
State AL
County Baldwin
Zoning Commercial
Rooms
Dining Room FullKitchen, OtherSeeRemarks
Interior
Heating Central, Electric
Flooring Tile, Vinyl, Carpet
Heat Source Central, Electric
Exterior
Utilities Available Water Heater Gas
Roof Type Metal,Composition Shingle
Building
Lot Description Level
Construction Status Resale
Others
Special Listing Condition None
Listed by Keller Williams - Mobile
Nearby Locations
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