212 E Michigan Ave Foley, AL 36535
212 E Michigan Ave Foley, AL 36535 | MLS 411124 Photo 1
212 E Michigan Ave Foley, AL 36535 | MLS 411124 Photo 2
212 E Michigan Ave Foley, AL 36535 | MLS 411124 Photo 3
212 E Michigan Ave Foley, AL 36535 | MLS 411124 Photo 4
212 E Michigan Ave Foley, AL 36535 | MLS 411124 Photo 5
For more information on this listing, contact us at: (251) 533-1791
Active
$2,995,000

212 E Michigan Ave Foley, AL 36535

Zoned Property Type
17.8 Acres
Baldwin County
View All Property Details
This 17.8-acre R3-zoned parcel in Foley, Alabama presents a highly versatile investment opportunity, primed for either its original 200-unit multifamily design, a senior living development, or a commercial/residential mixed-use project aligned with the city's new comprehensive plan. The inclusion of complete due diligence materials-including architectural drawings, surveys, Geotech reports, wetland permits, and a traffic study - significantly reduces development lead time and upfront costs. There are two existing, occupied rental houses providing cash flow. Positioned "in the heart of Foley," this site sits within a rapidly expanding economic hub. It benefits from proximity to major South Baldwin County drivers, including the Tanger Outlets Foley, the OWA Parks & Resort entertainment district, and a large medical infrastructure. It also serves as a key residential feeder for the coastal tourism economies of Gulf Shores and Orange Beach. Buyer to verify all information during due diligence.
MLS # 411124
Monthly HOA N/A
On Site 44 Days
Last Updated 11/4/2026

Location

Contact Agent

Kristy Malone

Kristy Malone

(251) 533-1791

Property Details

Community Information

Address 212 E Michigan Ave, Foley, AL 36535
Area Baldwin
County Baldwin
City Foley
Zip Code 36535

School Information

High School Foley High
Middle School Foley Middle
Elementary School Foley Elementary

Property Features

Lot Size 17.8 Acres
Waterfront No Waterfront
Utilities Riviera Utilities
Directions Take 59 S as you enter Foley, turn left onto Michigan Ave and property will be on the right just past Gelato Joe's restaurant.

Tax and Financial Info

Current Financing Conventional, Cash, Exchange
Ownership Whole Full
Documents Available Site Plan, Property Survey, Environmental Study, Wetlands Delineation

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212 E Michigan Ave Foley, AL 36535 | MLS 411124
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Listing Information Last Updated 11/4/2026
Listing provided courtesy of Coastal Real Estate (251-604-0327).
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Signature Properties are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
212 E Michigan Ave Foley, AL 36535
  • $2,995,000
  • 17.8 Acres